Summary
Coinbase believes crypto will let AI bots and actual people trade with zero problems. These AI bots will make deals super simple by setting up and running smart contracts all by themselves.
On a recent report, coinbase dived deep on the growing intersection of crypto and AI and predicted how both AI agents and humans will increasingly use crypto for their transactions. Report says, as AI technology advances, autonomous agents will drive economic activities and that with crypto preferred payment methods for handling tasks and transactions. This shift is most likely going to happen soon with the massive advancement in AI happening daily. Agentic Web, a future digital ecosystem where most of the tasks are performed by AI, believes advancements in AI agent to be its key element for emergence.
According to Coinbase’s report, the use of crypto agent-to-human and agent-to-agent transactions will dominate the whole crypto economy due to its borderless and efficient nature. As AI agents advance further they might hold their own wallet, which might even create an AI businessman. Thereby, powering the future of decentralized commerce. Additionally, the ability of AI to generate software codes, including smart contracts will surely strengthen the role of crypto in the digital economy. But there is also a huge risk here as there have been records of AI written malicious codes that can hack into your device.
Nevertheless, this development could result in explosion of huge tides of on-chain applications, where AI drives the creation of decentralized apps that streamline and personalize user experiences. AI agents have been getting a lot of recognition not only as AI models but as a prominent trader in crypto especially after Truth Terminal became a millionaire.