Agentic Commerce
Commerce driven by autonomous agents using digital assets for transactions.
What is Agentic Commerce?
Agentic commerce refers to the use of autonomous agents, such as AI or bots, to conduct digital asset transactions on behalf of users or systems, leveraging protocols like x402. These agents can independently negotiate and execute payments for resources, such as purchasing accessories from multiple merchants or paying for browser rendering sessions. By automating commerce, agentic commerce reduces friction, enabling dynamic, real-time transactions without requiring human input or traditional subscription models.
Related Terms
Quantum Resistance
Cryptographic designs protecting blockchains from quantum computer attacks on public keys.
Incentive Mechanism (Prediction Market)
A system of rewards, typically financial, designed to encourage truthful participation in prediction markets.
Constant Product Formula x\*y=k
The constant product formula, typically x \* y = k, is the mathematical equation used by decentralized exchanges (DEXs) to set token prices and balance liquidity pools for automated trading.
Celestia DA
A modular data availability network that offloads DA from Ethereum's execution layers, enabling scalable rollups with low costs.
Testnet
A blockchain network used for testing and development, simulating the main Ethereum network without using real digital assets.
Lending Pool
A smart contract aggregating digital assets from suppliers for lending and borrowing.