Rise of the Agentic Economy
The Agentic Economy is an emerging economic system where autonomous software agents (including AI and simpler rule-based machines) execute a significant portion of economic tasks, transactions, and decision-making, often independent of direct human involvement.
Defining Characteristics
In an agentic economy, these digital agents are endowed with capabilities such as:
- Autonomy: Making decisions and taking actions based on programmed goals and real-time data.
- Resource Control: Owning or managing digital and even physical assets (via smart contracts).
- Value Exchange: Participating in markets, paying for services, and earning revenue.
- Collaboration: Interacting with other agents (human or machine) to achieve complex objectives.
Taraxa as a Catalyst
Taraxa provides the critical infrastructure for an agentic economy to flourish on Web3:
- Trustworthy Execution Environment: Secure and transparent platform for agent interactions.
- Identity for Agents: Allowing agents to establish verifiable on-chain personas.
- Native Value Transfer: Facilitating economic exchange between agents.
- Scalability for Agent Activity: Handling the high volume of transactions generated by numerous active agents.
This enables a future where tasks like supply chain optimization, personalized service delivery, and complex financial management are largely handled by interconnected autonomous agents.
Learn More About the Core Protocol
This Praxis site explores applications. For deep dives into Taraxa's L1 technology, visit the official site.
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