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first_img VeChain CEO Sunny Lu: Blockchain is the perfect solution for AI agent trust

According to Cointelegraph, VeChain co-founder and CEO Sunny Lu recently 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 that "the perfect solution is blockchain."He made this statement while introducing the AI agent platform VeWorld.ai built on the VeChain blockchain. According to his vision, AI agents will have digital "passports" and operate within a "decentralized reputation system" that tracks the reputation of agents and their creators, while smart contracts can help settle transactions between agents or between agents and people. VeChain has previously advanced blockchain applications through supply chain tracking, including food traceability projects.Lu believes that AI agents can also help individuals convert their expertise into businesses or services, expanding software development opportunities to non-developer groups. He likened this opportunity to mobile app stores, which allow individual developers to distribute and monetize their creations, while agent-building tools can open this market to people beyond programming skills, including those with professional experience, local knowledge, or hobbies.He himself has undertaken several initiatives, including creating an educational agent for his daughter, an agent to support his mother's daily routine and rehabilitation, and a virtual employee to manage procurement, inventory, sales, and operations for a shop owned by an acquaintance in Milan.Meanwhile, other industry participants have pointed out the risks of relying on agent service providers. Animoca Brands Chairman Yat Siu stated in an October interview with Cointelegraph that while crypto traders can have AI agents work around the clock, he warned users that they might build trading strategies around services they cannot control.

first_img Samsung Wallet launches stablecoin accounts, supporting USDC on the Solana blockchain

Samsung Wallet has launched a stablecoin account for eligible Galaxy users in the United States, allowing them to buy, hold, send, and receive USDC issued by Circle on the Solana blockchain without the need to download a separate crypto app or manage private keys. This feature covers approximately 82 million compatible Galaxy devices in the U.S.The service is built in collaboration with licensed stablecoin custodian and infrastructure provider Bastion and Coinbase, with Coinbase acting as a sub-custodian for Bastion to hold USDC through Coinbase Prime Vault. Samsung emphasizes that this account is a crypto wallet and not a bank account. Users can transfer funds to other Samsung Wallet users within the U.S. and compatible external crypto wallets without incurring Samsung fees, and they can also remit to qualified bank accounts in over 60 countries, with the recipient possibly receiving funds in local currency, and fees varying by destination. A 4% fee is charged for credit card top-ups, and withdrawals to bank accounts or debit cards incur the same charge. New users who top up $50 for the first time can receive $25 in USDC. The service requires Android 13 or higher and is available to U.S. residents aged 18 and over, excluding New York State.Lily Liu, Chair of the Solana Foundation, stated that stablecoins have proven the technology viable over the past decade, but what is lacking is a way to reach mainstream users. Woncheol Chai, head of Samsung's mobile business digital wallet team, mentioned that stablecoins are expected to make global fund transfers faster and more convenient, with Solana helping Samsung expand this experience to its scale. Samsung first announced this feature on October 7 and indicated plans to explore online and offline stablecoin payments while expanding to more markets in compliance with local regulations.
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