Coinbase, a leading crypto exchange, recently launched a revolutionary new tool called “Based Agent”. This intelligent agent, integrated into the Coinbase Base platform, promises to transform the way users interact with cryptocurrencies, by simplifying and automating transactions.
An innovation for the automation of crypto transactions
Coinbase's Based Agent allows users to create an artificial intelligence (AI) agent in less than three minutes. Once configured, this agent can manage various tasks on the blockchain, such as exchanges, swaps, staking and the integration of smart contracts. This innovation aims to make crypto transactions more accessible, even for less tech-savvy users.
To develop this tool, Coinbase collaborated with tech giants like OpenAI and Replit. The Based Agent uses Coinbase's software development kit (SDK), allowing for seamless integration with these partners' APIs. This collaboration ensures that the AI agent is not only powerful but also easy to use.
Coinbase's main objective with the Based Agent is to democratize access to blockchain and AI technologies. By simplifying the process of creating and managing AI agents, Coinbase hopes to attract a wider and more diverse audience to the use of cryptos. This initiative could also encourage other platforms to adopt similar solutions, thereby accelerating the adoption of AI in the cryptocurrency sector.
A step towards broader adaptation of AI in blockchain
Brian Armstrong, CEO of Coinbase, underlined the importance of this innovation for the future of crypto transactions. According to him, the integration of AI into blockchain operations could become the norm in the coming years. Jesse Pollak, Head of Protocols at Coinbase, also mentioned that virtual agents like “Luna” have already started performing autonomous transactions on the blockchain.
In short, the launch of the Based Agent by Coinbase marks an important step towards more intuitive and accessible crypto transactions. This innovation could well redefine industry standards and pave the way for wider adoption of AI in blockchain operations.
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