Svmuu News: Twenty-seven crypto and Web3 companies, including OKX, MetaMask, and Matter Labs, have jointly endorsed the “Internet Court” project led by the Genlayer Foundation, which aims to provide an automated dispute resolution infrastructure for transactions between AI agents.
As AI agents begin to independently negotiate, make payments, and conduct commercial transactions, economic activity between machines is growing rapidly. However, just as in human-to-human business dealings, issues such as contract breaches and payment disputes may arise between AI agents, and existing legal systems and traditional courts struggle to adapt to the high-speed transaction environment of machines. The Genlayer Foundation stated that the Internet Court aims to enable interoperability among AI-based payment, escrow, and dispute resolution systems, providing a “machine-speed” arbitration mechanism for the agent economy. (CoinDesk)