Starknet powers launch of Internet Court for agentic commerce

The post Meta’s Chief Data Officer Says Agentic Commerce is the “Next Tier of Business” appeared on BitcoinEthereumNews.com. In a wide-ranging conversation on CoinDesk Spotlight, Schultz laid out a view of Meta’s future in which agentic commerce is not a product category but an inevitability. “We think it might be the next tier of business for our entire company,” he told host, Sam Ewen. The Agentic Economy Is Already Here, But It’s Unevenly Distributed Schultz framed the agentic economy the same way science fiction author William Gibson framed the future: already present, not yet mainstream. “We are building business agents for all businesses,” he said. “We have over a million weekly active businesses with Meta agents[…] from basically nothing at the start of the year.” The use case he outlined was deliberately mundane: coordinating a child’s birthday party. Agents booking times, checking calendars, finding venues, communicating with other parents’ agents, all on WhatsApp. The point o

The post Crypto giants back Internet Court launch as dispute resolution venue for AI agents appeared on BitcoinEthereumNews.com. GenLayer Foundation and a cohort of crypto firms, including MetaMask, OKX, Matter Labs’ ZKsync and 0G Labs have backed the launch of Internet Court, an open standard that handles escrow funds and settles contract disputes for AI agents. What is Internet Court for AI agents? According to GenLayer, Internet Court is a standard to connect agentic protocols into one lifecycle: discovery and reputation, negotiation, contracts, payment and escrow, execution, and lastly verification and disputes. To date, the agentic commerce development has occurred across multiple layers and different protocols. Coinbase’s x402 settles payments, A2A takes care of agent-to-agent negotiation, and the ERC-8004 standard handles agent identity. What GenLayer is pitching Internet Court as is the venue to resolve the unavoidable situation where two agents read the same contract different

The post OKX, MetaMask Back AI Agent Internet Court. appeared on BitcoinEthereumNews.com. Internet Court creates a decentralized framework for resolving disputes between AI agents. 27 Web3 firms support machine-speed payments, escrow, and AI transaction settlement. Protocol aims to improve trust and interoperability across future AI commerce systems. OKX, MetaMask, Matter Labs, and 24 other Web3 firms have backed the Internet Court, a decentralized dispute resolution system designed for AI agent transactions. The initiative aims to create a shared framework for machine-speed payments, escrow, and conflict resolution as autonomous commerce expands. Internet Court Targets AI Agent Transaction Challenges The GenLayer Foundation is leading the Internet Court initiative, which brings together 27 companies across blockchain, artificial intelligence, and digital payment sectors.  The project focuses on solving disputes between AI agents that can negotiate agreements, transfer funds, and compl

Internet Court creates a decentralized framework for resolving disputes between AI agents. 27 Web3 firms support machine-speed payments, escrow, and AI transaction settlement. Protocol aims to improve trust and interoperability across future AI commerce systems. OKX, MetaMask, Matter Labs, and 24 other Web3 firms have backed the Internet Court, a decentralized dispute resolution system designed […] The post OKX, MetaMask, Matter Labs Back ‘Internet Court’ to Resolve AI Agent Disputes appeared first on Live Bitcoin News.

The post OKX, MetaMask, Matter Labs back dispute resolution court for AI agents appeared on BitcoinEthereumNews.com. A group of crypto and Web3 firms that includes OKX, MetaMask, Matter Labs and Genlayer have formed the “Internet Court” to reach dispute resolutions between AI agents. These days, AI agents negotiate and pay one another without humans in the loop, but as with human-to-human transactions, agent-to-agent transactions will run into contractual disagreements. The problem is that agentic systems have no way to settle these disputes, and traditional courts are not built to handle such cases. Hence the need for the 27-firm-backed protocol, led by the Genlayer Foundation, which makes AI-based payments, escrow and dispute resolution interoperable, according to a press release. Agentic commerce is not prepared for the potential fallout when agents disagree at machine speed, according to David Riudor, CEO and co-founder of the GenLayer Foundation. “Internet Court is the shared plac

The new AI dispute standard could revolutionize digital commerce by enabling rapid, automated conflict resolution, enhancing transaction efficiency. The post GenLayer, OKX, MetaMask back Internet Court, a new AI agent dispute standard appeared first on Crypto Briefing.

Visa's AI-driven commerce program could revolutionize global transactions, reducing friction and enhancing efficiency with blockchain integration. The post Animoca-linked Minds completes AI agent commerce pilot with Visa appeared first on Crypto Briefing.

Starknet's upgrade could bolster its competitiveness in the L2 space, potentially attracting more users and increasing its total value locked. The post Starknet v0.14.3 goes live on mainnet July 8, enhancing fees and latency appeared first on Crypto Briefing.