PayPal-backed KiteAI Builds Foundational Base Layer for Agentic Internet, New Report Says

Recent Report acknowledges the position of Kitaaa in figuring out synergy between web3, blockchain and AI agent ecosystems. With $ 33 million in financing PayPal Ventures and Common Catalyst, Kiteai pushes the obstacles of the efficiency and interoperability of AI brokers.

Kiteai is constructing an L1 for agentic financial system: report

KiteaiAn EVM-compatible layer-1 blockchain, builds the following technology of infrastructure options for agent funds. The first focus is to allow protected, high-throughput agent funds utilizing stablecoins, geared toward a elementary monetary rail for the machine-to-machine financial system.

The ambitions and progress of the mission are acknowledged by Messari, a famend platform for analysis and evaluation. In his new report, Kiteai: Construct the agentic financial system, Messari consultants research the use instances, technical structure and the newest efficiency of their improvement.

To deal with the most important roadblocks within the rising AI Brokers scene, Kite AI prompt a singular stack of applied sciences.

The agent passports are designed to cryptographically confirm the identification with programmable spending limits and operational restrictions.

Proof of synthetic intelligence (POAI) consensus is a spine of the verification of the kitai transactions. It’s a new consensus that rewards the precise AI contribution versus computational work. With its AI-Native Structure, Kiteai already has latency of lower than 100 MS, Micropayments as little as $ 0.000001 and a formidable bandwidth of 450+ penalties per second.

In distinction to closed AI platforms or block chains of common functions, Kiteai affords “AI Lego blocks”, composite modules that make limitless AI service combos potential with clear attribution.

Kiteai touches a milestone of 10 million customers

As defined by Kitai -contributors, the Protocol solves essential points that stop AI brokers from reaching huge acceptance in 2025:

As we speak’s AI brokers are self -driving vehicles which might be caught at parking locations – technical succesful however restricted by infrastructure restrictions that aren’t constructed for autonomous software program.

The platform already stories quite a lot of stunning milestones. With greater than 1.2+ billion cumulative agent calls processed in TestNet, it registered 10+ million customers with constant progress.

The staff additionally reported 100+ ecosystem companions in AI, Information and Defi, in addition to early integrations with PayPal and Shopify by way of Kite Agent App Retailer.

From private brokers of shoppers (procuring, journey, well being) to enterprise automation (commerce, provide chain, analysis) to multi-agent coordination in whole ecosystems, the infrastructure of kiteai makes the transition from AI to AI to AI as autonomic actors.

The upcoming public launch of the Kiteai L1-blockchain as an avalanche C chain will deliver the complete performance of the protocol to the general public and mark the beginning of his financial system within the chain.