Coinbase makes crucial headway in AI-enabled payment system
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Armstrong explained that although the Coinbase AI agents cannot obtain bank accounts, they can access crypto wallets. With these wallets, AI agents could effectively utilize USDC on Base to conduct instantaneous transactions globally.Building future of AI and financial transactions Coinbase's development represents a shift toward using AI to get useful work done by humans, particularly in the financial space. Although the technology to achieve much more in the financial space is limited, Armstrong believes developers working on LLM and AI models can resolve this limitation.
The Coinbase co-founder has challenged developers who are willing to experiment with integrated technology that could use a crypto wallet to conduct payments to join MPC Wallets from the Coinbase Developer Platform.. Their goal is to actualize a system that can integrate AI and blockchain technology. While developers are offered a $15,000 grant as an incentive, Coinbase’s reward will include onboarding millions of new users into crypto.
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