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Ethereum Foundation Starts New AI Team to Foster Agentic Payments

Ethereum developer Davide Crapis introduced on Monday that the Ethereum Foundation was beginning a brand new AI group referred to as the dAI Team.

The group’s mission is to “make Ethereum the popular settlement and coordination layer for AIs and the machine financial system.”

Two key areas of focus are enabling AI brokers and robots to conduct funds, coordination, and governance with out intermediaries and creating open, verifiable, censorship-resistant options to stop AI’s future from being managed by just a few centralized entities.

Ethereum Makes AI More Trustworthy

“We consider Ethereum might be as helpful for immediately’s AI builders as it will likely be for the sci-fi future,” stated Crapis.

The strategic strategy goals to bridge the hole between AI and blockchain communities which have historically labored individually.

The group additionally goals to collaborate with protocol and ecosystem groups to align protocol enhancements with AI builder wants and fund revolutionary public items to set up Ethereum because the optimum platform for AI.

“Ethereum makes AI extra reliable, and AI makes Ethereum extra helpful. The extra clever brokers transact, the extra they want a impartial base layer for worth and fame. Ethereum advantages by turning into that layer, and AI advantages by escaping lock-in to just a few centralized platforms.”

Currently, main AI platforms are tightly managed by profit-driven tech giants equivalent to OpenAI, Anthropic, Microsoft, Google, and Meta.

The dAI group will advance the ERC-8004 commonplace for AI agent id verification and belief, which is impressed by Vitalik Buterin’s defensive accelerationism (d/acc) philosophy.

The group is in its infancy in the meanwhile, however is actively hiring because it expands.

Tom Lee Bullish on AI

Speaking on CNBC on Monday, Fundstrat’s Tom Lee stated that AI transferring onto the blockchain will drive Ether costs this 12 months, reiterating his “ChatGPT second for crypto” comments.

Lee additionally stated in a BitMine holdings update this week that the convergence of each Wall Street transferring onto the blockchain and “AI and agentic-AI making a token financial system is making a supercycle for Ethereum.”

According to the official Ethereum website, there have been current improvements of AI brokers starting from digital influencers and autonomous content material creators to real-time market evaluation platforms on the community.

The put up Ethereum Foundation Starts New AI Team to Foster Agentic Payments appeared first on CryptoPotato.

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