Autonomous agents, powered by AI and decentralized networks, are transforming financial markets by leveling the playing field and increasing transparency.
Understanding Autonomous Agents
Not everything termed as an autonomous agent truly is. A genuine autonomous agent operates independently using AI. On blockchain, they democratize access to financial tools, making the ecosystem more inclusive.
Impact on Finance
In traditional markets, autonomous agents provide access to data otherwise difficult to obtain in a centralized system. In crypto, they already account for over 70% of all transactions on decentralized exchanges, expanding access and boosting investor gains. On-chain data providers offering transparent data will become key players.
Potential Risks
The main risks involve their reliance on centralized infrastructure. If an agent requires access to centralized services, this could become a single point of failure. Additionally, there is a concern about the true autonomy of these agents.
By 2025, agent interactions are likely to exceed human interactions in the DeFi sector. Autonomous agents represent the next step in autonomy, changing how businesses operate.
