Google is closing its expansion in the Bitcoin and cryptocurrency space. Cryptootics reported on Tuesday, September 16th that the tech giant had collaborated with artificial intelligence to present a payment system that includes support for stupidity and cryptographic effects. This payment railway called an agent Payments Protocol (AP2) is raised as a system of agnosticism for users, merchants and suppliers, offering the possibility of trading through different payment methods.
This initiative is part of a larger corporate philosophy that calls for the application of artificial intelligence in different orders of life. The company considers the use of agents Delegating or promoting the online shopping process represents technological advances in global trade.
According to Google, the need to create protocols to regulate the behavior of agents in financial regions was inevitable.
AI agents can make transactions on their behalf, creating the need to establish a common basis for authenticating, verifying, and sending agent permissions securely to create transactions. While current payment systems generally assume that humans are clicking “buy” directly on a trustworthy surface, the increase in autonomous medication and the ability to start paying breaks this basic assumption and raises important questions that will help AP2 deal with it.
Google Cloud, Cloud Services Platform.
Along with Google, the cryptocurrency ecosystem is seeing a rapid trend in creating automated agent systems for purchasing with digital money.
This is due to the application of advances in artificial intelligence in new orders, and is legitimately that this brightens up individuals’ daily tasks.
How does Google AP2 work?
According to Google, these obligations facilitate the purchasing process that delegates the online shopping process (human being) and the real-time.
The Agent Payment Protocol allows you to perform actions such as searching for products through the generated language interface. Users may intuitively prompt As: “Find new white running shoes”so that applications are captured and run by AI agents.
«(Mandate) provides an auditable context for the entire interaction in a transactional process. His approval signs the cart in the cart after the agent presents the cart with the shoes he wants. This is an important step in creating a safe, immutable record of accurate items and prices, ensuring that what you see is what you pay for,” says the Google Cloud blog post.
On the other hand, delegated purchases allow the same. However, it was postponed without direct human intervention.
Delegating tasks such as “Purchase tickets for concerts while on sale” will sign a detailed delegation of intent in advance. This mission specifies compromise rules: price restrictions, deadlines and other conditions. This acts as a verifiable and pre-authorized test that allows the agent to automatically generate a Cartmandate under that name once the exact condition is met.
Google Cloud, Cloud Service Provider.
What missions can I perform to make a purchase on Google AP2?
According to Google Cloud, agents can receive and execute instructions such as:
Users can also perform personalized purchase instructions. Individual agents can also interact with merchant agents.
For example, the buyer will tell the commercial agent that he wants a new bike before his next trip. Agents can create personalized offers and purchases if there are dates available Respects the temporary sensibility of humans.
These agents can also perform purchases that coordinate complete instructions like this at the same time.
In addition to traditional payment companies such as American Express, MasterCard, PayPal, NeoBanco, such as Payoneer and Revolution, companies and organizations derived from the Bitcoin ecosystem and cryptocurrency also contribute to payment systems with agents supplied with artificial intelligence.
This is the case Coinbase, Ethereum Foundation, Lightspark, Mysten Labs y Metamask. This probably means that AP2 is integrated through lighting networks with exchanges, Ethereum Network, SUI, Agnostic Wallets, and even other cryptocurrency networks such as Bitcoin.
This protocol then allows you to pay in real time debit and credit cards, stubcoin and bank transfers.