Base

USDC

<h4><strong>This event follows various industry efforts to develop platforms that enable AI agents to execute transactions autonomously. </strong></h4> 
<p>Armstrong detailed how one AI bot utilized crypto tokens to interact with another AI bot, ultimately acquiring AI tokens.</p> 
<h5><strong>AI Bots Complete Crypto Transactions with USDC</strong></h5> 
<p>These AI tokens, essentially strings of data, help algorithms learn from information and improve their functionality. Armstrong emphasized that a major limitation of current AI agents is their lack of transaction capabilities.</p> 
<p>Traditionally, <a href="https://www.altcoinbuzz.io/?s=AI+agents" target="_blank" rel="noopener">AI agents</a> have struggled with essential tasks such as booking flights or hotels and managing social media activities beyond content creation, including tasks like promoting posts with paid ads. The inability of AI agents to access traditional bank accounts has further constrained their utility in these areas.</p> 
<p><img decoding="async" class="wp-image-149547 aligncenter" src="https://www.altcoinbuzz.io/wp-content/uploads/2024/09/xvcvbnbvnbhgh-193x300.jpg" alt="" width="476" height="740" srcset="https://www.altcoinbuzz.io/wp-content/uploads/2024/09/xvcvbnbvnbhgh-193x300.jpg 193w, https://www.altcoinbuzz.io/wp-content/uploads/2024/09/xvcvbnbvnbhgh-270x420.jpg 270w, https://www.altcoinbuzz.io/wp-content/uploads/2024/09/xvcvbnbvnbhgh.jpg 390w" sizes="(max-width: 476px) 100vw, 476px"></p> 
<h6 style="text-align: center;"><strong>Source: <a href="https://x.com/brian_armstrong/status/1829623778726592804" target="_blank" rel="noopener">X</a></strong></h6> 
<p>However, Armstrong pointed out that the scenario is changing. “AI agents cannot get bank accounts, but they can get crypto wallets,” he noted. With the ability to use <a href="https://www.altcoinbuzz.io/?s=stablecoins" target="_blank" rel="noopener">stablecoins</a> like USDC on the Base network, AI agents can now engage in transactions with humans, merchants, and other AI entities. These transactions benefit from being instant, global, and free of traditional financial barriers, thus vastly expanding the scope of what AI agents can achieve.</p> 
<h5><strong>More About Coinbase &amp; AI Agents</strong></h5> 
<p>This development comes shortly after Armstrong’s call for large language models (LLMs) to incorporate crypto wallets. LLMs, the technology behind AI systems like OpenAI’s ChatGPT and Anthropic’s Claude, have shown immense potential in various applications. Armstrong’s proposal aimed to enhance the functionality of these models by enabling them to manage and execute transactions, thus allowing them to participate more fully in the economy.</p> 
<p><img decoding="async" class="wp-image-149548 aligncenter" src="https://www.altcoinbuzz.io/wp-content/uploads/2024/09/vcxbcnghjhg-205x300.jpg" alt="" width="458" height="670" srcset="https://www.altcoinbuzz.io/wp-content/uploads/2024/09/vcxbcnghjhg-205x300.jpg 205w, https://www.altcoinbuzz.io/wp-content/uploads/2024/09/vcxbcnghjhg-287x420.jpg 287w, https://www.altcoinbuzz.io/wp-content/uploads/2024/09/vcxbcnghjhg.jpg 394w" sizes="(max-width: 458px) 100vw, 458px"></p> 
<h6 style="text-align: center;"><strong>Source: <a href="https://x.com/brian_armstrong/status/1829623778726592804" target="_blank" rel="noopener">X</a></strong></h6> 
<p>“Let’s help AI agents get work done (on your behalf) and participate in the economy,” Armstrong asserted. This vision reflects a growing trend towards integrating AI with blockchain technology to unlock new possibilities for automation and efficiency. As AI agents gain the ability to perform transactions seamlessly, they could transform numerous sectors by handling tasks that require financial interactions, ultimately leading to more sophisticated and autonomous digital agents.</p> 
<p><a href="https://www.patreon.com/altcoinbuzz" target="_blank" rel="noopener"><img decoding="async" class="aligncenter wp-image-124240" src="https://www.altcoinbuzz.io/wp-content/uploads/2023/09/image-7-1-1-300x37.jpg" sizes="(max-width: 714px) 100vw, 714px" srcset="https://www.altcoinbuzz.io/wp-content/uploads/2023/09/image-7-1-1-300x37.jpg 300w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/image-7-1-1-1024x127.jpg 1024w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/image-7-1-1-768x95.jpg 768w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/image-7-1-1-696x86.jpg 696w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/image-7-1-1-1068x132.jpg 1068w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/image-7-1-1.jpg 1197w" alt="Coins" width="714" height="88"></a></p> 
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<h6><strong>Disclaimer</strong></h6> 
<p>The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted risk tolerance levels of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses you may incur due to any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.</p> 
<p>The post <a href="https://www.altcoinbuzz.io/cryptocurrency-news/coinbase-oversees-first-ai-managed-crypto-transaction/">Coinbase Oversees First AI-Managed Crypto Transaction</a> appeared first on <a href="https://www.altcoinbuzz.io">Altcoin Buzz</a>.</p>

Coinbase Oversees First AI-Managed Crypto Transaction

Altcoin Buzz

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