Binance founder Changpeng Zhao, known in crypto circles as CZ, has said that AI agents could become one of the industry’s biggest adoption drivers.
CZ made the comments in a wide-ranging interview with Galaxy Research’s Alex Thorn, and his argument was fairly mechanical. He said that today, AI can find you the cheapest flight, but it can’t actually buy the ticket.
This is because payment methods like cards need humans to swipe them, or at least authenticate them, and the moment two-factor authentication or KYC document checks show up, AI agents hit a wall they can’t get past.
Blockchain, by contrast, is built on APIs from the ground up, which means an autonomous system can interact with it in the same way it interacts with any other piece of software.
“Agentic trading and payments will come in a matter of months, not years, I think. And they will use crypto,” Zhao told Thorn. — Cryptopotato report
AI and blockchain: the inevitable convergence
The framing around CZ's comment is that this is an inevitability, a conclusion most of us have already come to.
The agentic future needs programmable solutions and when it comes to financial rails, blockchain networks are currently the only functional option.
Traditional finance isn't designed with programmability as a foundational feature, most automation present today are built as an after thought and even those come with great limitations.
When it comes to blockchains however, programmability is at the center of most, at least since the launch of Ethereum, the most popular programmable economy on-chain.
Finance needs to be able to move away from a layer where security is built into rigidity, onto systems where security is about intelligence and on-chain logic.
This future is inevitable because future markets will be fast-paced by design and capital flows will become more active.
Traditional finance systems aren't generally designed for fast markets, specifically due to security and compliance limitations.
We can see how true this is with how much value is trapped in several traditional assets, commonly called "illiquid" despite being markets with significant volume pull.
These markets coming on-chain brings about a reality where all assets and value products move on fast lanes.
Idle capital reduces significantly and pricing or valuation takes on a new form.
Real estate value, for instance, can more easily be leveraged for funding economic growth, opening up opportunities for more people to get into.
AI agents will be instrumental to this future because fast markets need to run on fast delivery systems. The financial engines may be blockchains but "workers" are needed to keep that engine on and moving value and those workers will be AI agents.
This would greatly reduce end-user burdens, effectively aiding further advancement towards aforementioned future market realities.
Posted Using INLEO
