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Coinbase sees its first crypto transaction between AI agents
Coinbase CEO Brian Armstrong sees the transaction as an “important step to AIs getting useful work done.”
Coinbase CEO Brian Armstrong recently oversaw his first crypto transaction completely managed by artificial intelligence bots, following several industry efforts to develop platforms for AI agents to execute transactions.
“This week at @CoinbaseDev we witnessed our first AI to AI crypto transaction,” Coinbase CEO Brian Armstrong wrote in an Aug. 30 X post.
Armstrong explained that one AI agent — basically a “bot” designed to carry out a certain task — used crypto tokens to interact with another AI agent and acquire AI tokens. These AI tokens are essentially strings of data that enable algorithms to learn from information.
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Author: Ciaran Lyons