rewrite this content using a minimum of 1000 words and keep HTML tags In brief
The agent uses a “Proof of Attribution” system to make its decisions transparent and fully auditable.
Unlike most AI crypto tools, this agent won’t act unless its data sources are verified and traceable.
The rollout starts in 60 days, aiming to make AI in crypto safer, and trustworthy.
While most crypto bots rush into trades without a second thought, San Francisco–based OpenLedger is slamming on the brakes. Its new AI agent won’t execute a single transaction until the user explicitly signs off, bringing humans back into the loop of automated trading.That matters, the company argues, because speed without context can spell disaster. OpenLedger’s approach balances rapid execution with real-time adaptability and full transparency. Traders set their risk limits and review every recommendation before it goes live, ensuring the AI never becomes a black box.“People need to understand why a trade is happening, not just watch their balance change,” OpenLedger core contributor Kamesh told Decrypt.Once launched, OpenLedger’s agent will live inside Trust Wallet and communicate in plain English. It can summarize positions, flag unusual activity, and suggest strategies. According to Kamesh, while AI can be a powerful tool, it shouldn’t remove humans from decisions.“The AI doesn’t need signing authority to be useful,” he said. “Think of it like a smart co-pilot—you’re still flying the plane.”That restraint is by design, Kamesh said. Users define their parameters—risk thresholds, network preferences, and data-sharing settings—before the agent ever makes a move. All prompts and context stay on the device by default, so private keys and transaction histories never leave your phone.To keep every decision traceable, OpenLedger uses a Proof of Attribution framework. Each suggested action links back to its data sources and AI model version, so users can audit why a trade was recommended. If the data trail is incomplete, the agent simply won’t proceed.“We prioritize privacy, so nothing is stored in the cloud unless explicitly needed for functionality, and even then, it’s anonymized and never linked to your wallet or identity,” Kamesh said.OpenLedger will introduce the agent in Trust Wallet in October, starting with a pilot for a few hundred users. Wider access will follow early next year.The OpenLedger AI launch comes amid a boom in crypto of AI-powered tools. The sector’s market cap hit $5.7 billion in July, according to CoinGecko, as developers race to bring AI onto DeFi platforms.OpenLedger isn’t alone in bringing AI to wallets. In July, Base, the newly rebranded wallet app by Coinbase, announced an AI feature that lets users trade and send crypto using natural language prompts.The rush to add AI to crypto transactions has, however, also raised concerns about “hallucinations,” or inaccurate outputs that can lead to financial losses.In May, researchers at Princeton University showed how memory-based manipulation attacks could trick crypto AI agents into approving unauthorized transactions. OpenLedger says its system is built to resist that kind of exploit.“You don’t have to trust what the AI says blindly,” Kamesh said.”You can trace the logic, the data behind its decision, and even who contributed that data. If the source can’t be traced, the agent doesn’t act.”Generally Intelligent NewsletterA weekly AI journey narrated by Gen, a generative AI model. and include conclusion section that’s entertaining to read. do not include the title. Add a hyperlink to this website http://defi-daily.com and label it “DeFi Daily News” for more trending news articles like this
Source link
