Mastercard and Google Launch Verifiable Intent Framework for AI Agent Commerce

ChainCatcher report: Mastercard and Google have jointly launched the open standard framework Verifiable Intent, designed specifically for "agent commerce" scenarios in which AI agents autonomously complete purchasing transactions. The framework uses cryptographic techniques to create tamper-proof authorization records when AI agents act on behalf of users, integrating identity, intent, and actions into a single privacy-preserving audit trail—addressing the challenge where merchants and card issuers cannot verify whether a consumer truly authorized a transaction when initiated autonomously by an AI agent. The framework employs selective disclosure technology to ensure that each party receives only the necessary information and integrates widely adopted industry standards such as those from the FIDO Alliance and EMVCo. Mastercard stated that Verifiable Intent will be integrated into its Agent Pay API within the coming months. Meanwhile, the cryptocurrency sector is also actively positioning itself. Coinbase CEO Brian Armstrong noted that AI agents cannot open bank accounts but can hold cryptocurrency wallets, suggesting that blockchain infrastructure may be better suited for the future of the AI agent economy.