Coinbase developers have introduced a new perspective on using Ethereum for cryptocurrency payments. In their concept, AI agents may become key players in this field thanks to the HTTP 402 standard.
The Potential of AI in Crypto Payments
Kevin Leffew and Lincoln Murr, two developers from Coinbase, emphasized that autonomous AI agents could become the largest users of Ethereum. In their message, they noted that the 30-year-old HTTP 402 standard, combined with the Ethereum Improvement Proposal (EIP) 3009, would allow AI to make stablecoin payments.
Coinbase's x402 System
Coinbase has already implemented x402, a payment protocol that allows AI agents to transfer funds without human intervention. According to information from GitHub, this protocol enables a system where, for instance, self-driving taxis can autonomously pay their expenses.
The Future of Online Shopping on Ethereum
AI agents, which are intelligent programs, could fundamentally alter the concept of online shopping on the Ethereum platform. The effective and secure Ethereum platform makes it the most suitable for implementing such technology, which can change the game for digital payments and transactions worldwide.
The proposed changes in utilizing Ethereum and AI agents could significantly impact the cryptocurrency payment market and online commerce. Technologies based on HTTP 402 and the x402 protocol open new horizons for automation and simplification of monetary transactions.