Mastercard and Google Launch Verifiable Intent to Establish Verifiable Authorization Records for AI Agent Commerce

Breaking News from Mars Finance: Mastercard and Google jointly announced the open standard framework Verifiable Intent, designed specifically for “agent commerce” scenarios where AI agents autonomously complete shopping transactions. The framework uses cryptographic technology to create tamper-proof authorization records when AI agents act on behalf of users, integrating identity, intent, and operations into a single privacy-protected audit trail. This addresses the issue where merchants and card issuers cannot verify whether consumers have truly authorized transactions when AI agents place orders independently. The framework employs selective disclosure technology to ensure that all parties only access necessary information and incorporates widely adopted industry standards such as FIDO Alliance and EMVCo. Mastercard stated that Verifiable Intent will be integrated into its Agent Pay API within the coming months. Meanwhile, the cryptocurrency community is also actively making moves. Coinbase CEO Brian Armstrong pointed out that AI agents cannot open bank accounts but can hold crypto wallets, indicating that blockchain infrastructure may be better suited for the AI agent economy of the future.