VeChain CEO Lu Yang Claims Blockchain is the Trust Solution for AI Agents

Lu Yang, co-founder and CEO of VeChain, stated in Cointelegraph's Chain Reaction program that autonomous AI agents operating around the clock require a new accountability system to establish public trust, and blockchain is the perfect solution. He introduced the AI agent platform VeWorld.ai built on the VeChain blockchain, envisioning that AI agents will possess digital passports and operate within a decentralized reputation system, where smart contracts can facilitate transactions between agents or between agents and humans. VeChain is also advancing blockchain applications through supply chain tracking, including food traceability projects. Lu Yang believes that AI agents can help people convert expertise into business or services, expanding software development opportunities to non-developer groups, similar to mobile app stores. He has undertaken several initiatives, including creating an educational agent for his daughter and a support agent for his mother's daily routine. Meanwhile, Animoca Brands Chairman Yat Siu warned users that relying on agent service providers may pose risks, especially when constructing trading strategies.

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