A future full of AI agents will require a different payments system

A future full of AI agents will require a different payments system

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Old payment systems will not reduce as independent software agents begin to deal and cooperate widely. Mark Vanberberg writes, from the Al -Khwarizmia Foundation, that the new payment bars that benefit from Blockchain will be vital in the future.

James McDonald/Bloomberg

Photography of a world where millions – billions soon – from Artificial intelligence agents It is on the Internet, not only answering questions or generating content but independently processing, negotiating and cooperating. Think about it Digital assistantsLike today Alexa or SirBut more intelligent, independent and able to make deals, buy services or employ your on behalf of you. The software entities for the task and intelligence will be included through the industries, the decisions are taken quietly, the formation of contracts, and the exchange of value for other people, companies and agents.

But there is one big problem: they do not have a bank.

Our current Infrastructure for payment It was built for humans, not machines. It is slow – the settlements can take days – expensive, with high transaction fees and mediators in each step. Imagine if the email was relied on the post office for delivery. This is how the payments look today for machines.

Now, imagine that artificial intelligence agents work in actual time. They will buy access to data, rent computing power, rent other agents to help and make second division decisions. Three working days for a bank transfer will not work. Paying a fee of $ 0.30 on Microtransction 0.02 dollars is meaningless. They will want agents and need an immediate settlement and high costs. In this new economy, every delay and every friction fees become the system in the end.

This new form of trading that depends on the machine-what we might call “agents trade”-will lead to a great acceleration in economic activity. These agents will not sleep, will not wait, and will not tolerate the shortcomings. They will require a global professor notebook that can accompany a always paid -paid rail, not central, fast and cheap. This is exactly what Blockchain technology was built, not for speculative assets but for vulnerable and frictional payments on a large scale.

So, what will these agents do? Using cases actually appear across three broad categories: exchange of data for value, personal data negotiations and agents cooperative networks.

The data is digital gold, however, its elements are not compensated for using it to train artificial intelligence models. Imagine a new type of creeping web. But this time, instead of stripping the content for free, it negotiates and pushes other artificial intelligence agents who represent data owners – publishers, platforms, and creators – to reach. These transactions from the machine to the machine and speak in the millions again.

With privacy regulations such as gross domestic product and CCPAIndividuals have more control of their data. In the future, consumers will publish artificial intelligence agents to manage and invest their data. These agents can automatically reject any use of personal data (and rescue us from five clicks on each site he visits) or negotiating conditions with companies that seek to obtain these data, and grant access to compensation – again, small but repeated payments that are treated better with Blockchain bars.

The agents will not behave alone. A specialized travel planning agent may coordinate a complex itinerary. However, he needs to consult other agents with deep knowledge, such as Tahiti hotel reservation agent with actual time availability. These agents will deal with each other, and pay for services and data in a series of rapid cooperation, and in seconds that took hours or days.

This is the future of trade: autonomy, cooperative and immediate. But none of this works without the appropriate infrastructure under it. To support billions of transactions between artificial intelligence agents, we need a new payment system that speaks the language of machines, not banks. Blockchain is not just cute; It is the lost piece that makes trade agents possible.

The world is accelerating. Our payment systems need to catch up.

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