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Agent Payments Protocol

Meaning

An Agent Payments Protocol defines a standardized set of rules and message formats facilitating the automated, programmatic transfer of value between autonomous software agents within a decentralized ecosystem. Its primary function is to enable secure, auditable, and often conditional payments without requiring direct human intervention or traditional financial intermediaries. This protocol is fundamental for the operation of agent-based systems in crypto, where smart contracts or bots perform tasks and require compensation for their services or resource utilization. The design prioritizes efficiency, transparency, and interoperability across various blockchain networks or layers.