Coinbase and Cloudflare created the X402 Foundation, an industry group that would build an open standard for machine payments to the machine.
Pharaoh, unveil September 23, aims to give artificial intelligence systems and digital agents a smooth way to address the value directly online.
The Cloudflare, which occupies nearly the fifth web sites, said the new framework will include payments in web interactions in the same way that the icons of errors are determined, such as “404 not present”, browsing behavior.
According to the company:
“Every day, the sites on Cloudflare send more than a billion http 402 response symbols to robots and crawl in an attempt to reach their content and e -commerce stores. This response code comes with a simple message:” Payment is required. “
With X402, the “required payment” response will allow artificial intelligence agencies or applications programming facades or applications to pay the price of services, whether it is search data, storage or media, at the moment they request.
Coinbase added that the basis has been formed to address the limits of old infrastructure, which still depend on mediators, contributions and manual steps. By enabling the real -time settlement, the X402 is designed to support trade -based trade online.
Speaking of the initiative, CEO Coinbase Brian Armstrong He said:
“I was thinking about how internet payments make for years. Or more specifically, how it does not work, and you need to improve.
Why x402?
The X402 Foundation will focus on governance and inter -employment to encourage adoption through industries.
Coinbase said that developers will receive grants, tools and resources to experience applications such as payment forms for all AI to pay, creative services or ID services on demand.
In order for the standard to accelerate, Coinbase stressed that it must remain neutral and open. This principle, argued, will make X402 carried via platforms, judicial authorities and economic sectors, which prevents the fragmentation of trading machine.
Cloudflare is also experimenting with the postponed payment option within the Pay-Crawl Beta.
The feature will allow the websites to charge artificial intelligence agents who get rid of their pages, and to convert automatic access to data to a source of revenue without relying on advertising models or subscription fees.
He added:
“This new scheme is specifically designed for agents that do not need an immediate settlement and can be dealt with either through traditional payment methods or stablecoins. By proposing this addition, we help ensure that any compatible server can separate the encrypted handshakery, shared connections, follow -up or follow -up.”
