Capabilities of the new transaction standards
The MultiversX ecosystem, previously known as Elrond, has announced two important integrations that should expand the platform's capabilities for AI and digital assets.
First, MultiversX now supports the new AI commerce standard developed by Google. This standard allows AI systems (such as chatbots or voice assistants) to directly access data, services, and digital assets without the need to go through traditional checkout or authentication processes. This significantly simplifies the integration of AI into various commercial ecosystems.
Secondly, MultiversX has integrated support for payments using the x402 protocol, which was developed with the support of Coinbase. The x402 protocol allows cryptocurrency payments to be made without the need to open a wallet or go through KYC verification. This makes payments more accessible and simplifies the integration of cryptocurrencies into various applications.
These integrations are an important step for MultiversX, which aims to become the leading blockchain platform for various applications, including AI, DeFi, and Web3. Expanding the capabilities for AI systems and simplifying cryptocurrency payments can significantly increase the attractiveness of MultiversX for developers and end-users.
Conclusion
The integration of the Google AI commerce standard and the support for the x402 protocol demonstrate MultiversX's commitment to keeping up with the latest trends in digital technologies. These innovations simplify the integration of AI and cryptocurrencies into various applications, which can contribute to the further growth and development of the MultiversX ecosystem. This is an important step that can enhance the competitiveness of the platform in the blockchain solutions market.