As artificial intelligence continues to dominate headlines in both the web2 and web3 worlds, Wire Network hopes to make its mark as the self-described first blockchain built specifically to handle the future of the AI and the AI agent economy.

AI agents – while the definition is still a bit in flux – are generally smart-tech robots built to assist individuals and businesses with everything from answering questions, to responding to customer inquiries, to drafting documents and—in the case of blockchain—to assist with the buying and selling of crypto, among many other use cases. As AI agents become more prevalent and integrated within blockchain, Wire Network hopes to provide the infrastructure that can enable AI interactions in a cheaper, more efficient manner. Additionally, Wire’s recent merger with 6079 was done to help its efforts to create secure verification for AI agents and users to provide on-chain trust and transparency.

Read more: After Merging with Wire Network, AiLayer Labs Partners with Yuga Labs in Fight for Decentralized AI

The firm is offering access for investors to jump from one blockchain to another – such as moving an NFT on Solana to Ethereum – which can be costly when the various transaction fees are totalled. The AI economy is expected to surpass $15 trillion by 2030, according to Bank of America research. 

“For a decade, seamless and secure unification of all blockchains has been the holy grail that needed to be solved. It is even more paramount with the growth curve of AI,” Ken DiCross, founder and chief executive officer of Wire Networks, said. “In granting easy access and flow of resources between various chains, we’re eliminating the loss of millions of dollars that get burned in unnecessary gas fees.”

Now available to the public, Wire Network’s infrastructure is designed to handle trades at 10,000 transactions per second, interacting across all blockchains. The company says it can do this through use of its Universal Transaction Layer, which is designed to be a faster, cheaper method for users to deploy smart contracts, according to Wire Networks. 

Interoperability is a key factor to the evolution of web3 systems, DiCross said, which he described as “the missing piece” for blockchain infrastructure. “The sooner barriers are removed, unnecessary costs are eliminated, and the entire industry can move forward creating products that are superior to its web2 competitors.”

lead image: Ken DiCross