A naukri.com initiative
VentureBeat
4w
397
Image Credit: VentureBeat
GenLayer offers novel approach for AI agent transactions: getting multiple LLMs to vote on a suitable contract
- GenLayer, a startup, aims to provide a "trust" component to the AI agent economy through a blockchain-powered infrastructure.
- AI agents do not inherently trust each other, posing a challenge in enforcing agreements in AI-driven commerce.
- GenLayer seeks to upgrade traditional smart contracts into "intelligent contracts" that are more flexible and AI-powered.
- The company integrates AI directly at the protocol level for intelligent contracts to process natural language inputs and reason about real-world conditions.
- GenLayer introduces "optimistic democracy," an AI-driven consensus model where multiple large language models (LLMs) vote on the validity of AI-generated contracts.
- This approach ensures fairness and reliability in interpreting legal contracts, verifying data, and setting pricing models.
- GenLayer's infrastructure involves a native gas token called GEN for transaction fees and aligns incentives through a token-based staking model.
- The company's testnet focuses on showcasing projects at the Ethereum Community Conference in Cannes, France.
- GenLayer aims to establish the legal framework for global AI commerce, enabling AI agents to work together with trust in a trillion-dollar machine-driven marketplace.
- The company emphasizes the need for infrastructure that matches the speed of AI to ensure efficient participation in the economy.
Read Full Article
23 Likes
For uninterrupted reading, download the app