A group of crypto and Web3 companies that includes OKX, MetaMask, Matter Labs, and Genlayer have formed the “Internet Court” to reach dispute resolutions between AI agents.
These days, AI agents negotiate and pay each other without humans in the loop, but as with human-to-human transactions, agent-to-agent transactions will run into contractual disputes.
The problem is that agent systems have no way of resolving these disputes, and traditional courts are not built to handle such cases. Hence the need for the 27-company-backed protocol, led by the Genlayer Foundation, which makes AI-based payments, escrow and dispute resolution interoperable, according to a press release.
Agent trading is not prepared for the potential fallout when agents disagree on machine speed, according to David Riudor, CEO and co-founder of the GenLayer Foundation. “The Internet Court is the common place agents can turn to when a deal goes wrong. Machine-speed money requires machine-speed judgment,” he said.
A key issue that the dispute protocol addresses is interoperability between a variety of AI trading systems. Agent trade is certainly on the rise, but the infrastructure supporting this new economy is still highly fragmented.
