Coinbase and Cloudflare Launch x402 Foundation to Revolutionize AI Payments
Cryptocurrencyx402 FoundationUpdated 19 hours ago

Coinbase and Cloudflare Launch x402 Foundation to Revolutionize AI Payments

Coinbase and Cloudflare have announced the launch of the x402 Foundation, aimed at creating an open standard for machine-to-machine payments. This initiative, revealed on September 23, seeks to revitalize the HTTP 402 'Payment Required' code, enhancing the efficiency and security of online transactions. By integrating AI with digital payments, the x402 Foundation could significantly transform the landscape of online commerce and AI integration.

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Coinbase and Cloudflare have teamed up to launch the x402 Foundation, which aims to create an open standard for machine-to-machine payments. This initiative, announced on September 23, is significant because it will enable AI systems and digital agents to transact value seamlessly across the internet, potentially transforming how digital transactions are conducted. With Cloudflare powering nearly 20% of all websites, this development could have a widespread impact on the future of online commerce and AI integration.
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