Crypto payment protocol, AEON, has officially launched its AI Payment feature. The framework deploys AI agents to autonomously search, shop, and carry out crypto payments on both online and offline merchants.
According to a recent blogpost, the crypto payment protocol plans to build a comprehensive framework that would enable AI agents to take on a more active role than simply facilitating crypto payments. Through AI Payment, AI-powered agents will be able to shop online like real customers; learning user preferences, compare between products and make purchases without human intervention.
So far, the protocol has developed an integrated stack that enables different crypto payments to be made through the new feature. The protocol claimed that AI agents will not only be able to complete online crypto payments, but they will also be able to perform QR-code based payments in physical retail stores.
With the help of AEON’s Swap Pay, the protocol hopes to give users a smooth and automatic process of paying with crypto assets on various blockchain networks, and upcoming NFC-based functionality will further expand real-world usability.
By 2025, AEON plans to deploy its AI agent payment service in North American and European regions through its partnership with Visa and Mastercard. Then in the following year, the protocol hopes to fully establish itself as the industry standard for AI agent payments and agent verification.
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The momentum of AI Payment’s launch is backed by a number of AI-focused collaborations. So far, the protocol has partnered with projects like PIN AI and SendAI, which will help it embed AI agents more deeply into real-world commerce.
AI Payment is meant to be an omni-chain feature that can support crypto wallet from any blockchain network. To make this vision possible, AEON has partnered collaborated with major blockchain ecosystems including BNB Chain (BNB), Solana (SOL), TON (TON), TRON (TRX), Stellar (XLM), Plume, Bitget Wallet (BGB), and KuCoin Pay.
Moreover, AEON’s AI Payment comes with a built-in infrastructure complete with KYA or Know-Your-Agent requirements which is used to verify agent identity and behavior, much like how Know-Your-Customer applies to human-controlled accounts.
In addition, the framework also abides by LLM-based payment intent verification to make sure its actions align with user intent, and ZKP-based identity and authorization using a decentralized node network.
Last week, AEON announced a partnership with KuCoin Pay to enable crypto payments at both physical and online merchants. Earlier in April, the protocol also integrated Stellar network assets, including XLM and USDC (USDC), into its AEON Pay solution.
Read more: KuCoin Pay and AEON partner to enable in-store and online crypto payments
