• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

The Potential of Ethereum and AI to Revolutionize Crypto Payments

user avatar

by Giorgi Kostiuk

2 hours ago


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.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

Li Hua Yi Advises Against High Leverage in Bull Markets

chest

Li Hua Yi, founder of Liquid Capital, discusses the risks of high leverage in a bullish market and asset accumulation strategies.

user avatarGiorgi Kostiuk

How the GENIUS Act is Changing the Game in XRP Mining

chest

The GENIUS Act introduces new standards for crypto investment, ensuring safety and transparency. Learn about XRP mining under these conditions.

user avatarGiorgi Kostiuk

Bitcoin Breaks Above $119,000: Reasons and Impacts

chest

Bitcoin has soared past $119,000. We discuss the reasons and the impact on the entire cryptocurrency market.

user avatarGiorgi Kostiuk

Crypto Market Updates: PENGU Aims for Breakout, Cosmos Faces Pullback, and BlockDAG’s Growth

chest

The crypto market shows mixed trends: PENGU aims for $0.082, while Cosmos faces drops; BlockDAG secures attention.

user avatarGiorgi Kostiuk

Pudgy Penguins Expands into Latin America, Ethereum Maintains Position, Cold Wallet Achieves $6M in Presale

chest

Pudgy Penguins enters Latin America, Ethereum shows stability, while Cold Wallet successfully raises millions in presale.

user avatarGiorgi Kostiuk

Analysis of Current Events in the Crypto Market: Inflation, Liquidations, and Bitcoin's Positions

chest

New US inflation data, a liquidation wave in the crypto market, and Bitcoin's market capitalization positions.

user avatarGiorgi Kostiuk

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.