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
Payment Rails
Infrastructure for processing and settling digital asset transactions.
Retail Payment System
Infrastructure for consumer-to-business transactions, handling everyday payments.
Settlement Upon Payment
Immediate finalization of transactions upon initiation in digital systems.
Price Chart
A graphical representation of a digital asset's historical price movements over customizable timeframes.
Fraud Proof of Ethereum Rollup
A fraud proof in Ethereum rollups is an interactive on-chain challenge mechanism that disputes invalid off-chain transaction states in optimistic rollups, enforcing correctness through economic penalties.
Wisdom of the Crowds
The phenomenon where the collective judgment of a diverse group often surpasses individual or expert predictions.