“The way we built it is from the ground up to factor in both heritage and existing payment rail capabilities as well as forthcoming capabilities such as stablecoins,” James Tromans, the head of Web3 at Google Cloud, told Fortune.
In the buzzword-laden world of AI, “agents’ are AI algorithms designed for specific use cases that can call up apps on one’s device or across the internet. Some companies have created agents that specialize in writing code. Others have created AI agents that browse online marketplaces to buy, say, clothes for a human shopper.
Many tech executives predict that, in the near future, AI will increasingly talk with AI, with no humans in between. If this comes to pass, AI financial advisors could talk with AI representatives at different financial institutions to find mortgages for housebuyers, or AI personal shoppers could chat with AI shopkeepers to find the perfect pair of jeans for sharp dressers.
Coinbase and Google worked together to make sure their payments schemes were interoperable, Erik Reppel, head of engineering at Coinbase’s developer platform, told Fortune. “We’re all working to figure out how we can make AI transmit value to each other,” said Reppel.