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Skyfire Shows Off Groundbreaking Payment Network for Transactions
Skyfire Shows Off Groundbreaking Payment Network for Transactions

AI

Skyfire Shows Off Groundbreaking Payment Network for Transactions Made by AI on Their Own

Skyfire, a leader in blockchain technology, has released a cutting-edge payment platform that lets bots that use artificial intelligence (AI) handle deals on their own. This new platform, which was created by Amir Sarhangi, a former executive at Ripple, lets companies give AI bots a pocket that is already loaded with money so that they can spend it on their own.

Changing the way AI transactions are done: Skyfire’s technology changes fiat money into USD Coin (USDC), which lets AI agents make deals without any help from a person. AI bots could only do non-financial jobs before this feature, but now they can do more thanks to it. Skyfire wants to turn these agents from simple middlemen into fully independent economic players by adding payments to AI operations.

The Power of AI Wallets: Until now, AI agents that were used for things like managing supplies or keeping an eye on prices couldn’t handle financial operations. This problem is solved by Skyfire’s technology, which lets these workers spend money straight from a digital bank. Users can limit how much they can spend and keep an eye on transactions to make sure spending is safe and under control.

A New Era for Business with AI: Skyfire’s start has sparked a lot of interest in the industry, which is shown by the $8.5 million in seed funding from well-known investors. The platform is a global, open payments system that helps AI agents, data platforms, and service companies do business. With features like automated budgets, safe verification, and real-time funding choices, Skyfire is making it possible for AI workers to play a big role in online shopping.

Key Features and What the Future Holds: The Global Payments Protocol lets AI bots use stablecoins to access different services and APIs, which makes it easier for devices around the world to work together.

Automated Budget Controls: Users can control their funds and set limits on how much they can spend.Transaction History and Verification: Skyfire offers clear records of transactions and verification services to make things safer and more trustworthy.

Skyfire’s technology is mostly used for business-to-business (B2B) apps right now, but they want to make it bigger so that AI agents can deal with the financial world in completely new ways. As AI keeps getting better, Skyfire’s method could change the way digital deals are done, making it possible for AI to run operations that are more self-sufficient and effective.

In short: Skyfire has started a new payment network that lets AI bots handle deals on their own. Skyfire lets these agents handle payments directly by turning fiat cash into USD Coin (USDC). This gives companies a way to improve their AI operations. The app has tools like automatic budgeting, the ability to make payments all over the world, and transaction verification. Skyfire wants to have a bigger effect and change how AI agents handle financial chores. At first, it worked on B2B deals.

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