KITE: Agentic Payments for Autonomous AI in a Dedicated Layer 1
KITE is a custom-made Layer 1 blockchain solution for the emergence of self-executing AI agents. As AI starts acting independently, carrying out trades, managing work flows, and making payments for their usage, a reliable, fast, and programmable blockchain environment is required for them to transact and govern by themselves. Kite blockchain serves this purpose.
The Kite blockchain is EVM-compatible, making it possible for programmers to leverage existing Ethereum tooling and benefit from an architecture optimized for efficient real-time, low-latency agent coordination. The main innovation of this blockchain is a three-layered system of identity:
Users (human or organizational) set rules & permissions
They work autonomously with their own on-chain identity
Sessions create short-term execution contexts to lower risk
Such a design promotes safe, controlled autonomy in AI agents.
Kite launches agentic payments, where payments and settlements are initiated and concluded by AI "agents" rather than humans. Such payments systems are important in AI economies because they need micro-transactions and continuous settlement capabilities.
The KITE token fuels the ecosystem. Its launch takes two phases:
1. Incentivizing Early Users, Developers, and Ecosystem Development
2. Staking, governance, and fees, aligning network security with governance
Kite's application areas include DeFi, enterprise automation, gaming, supply chain management, and AI marketplaces where agents can make money, spend it, and manage it independently.
Through the integration of blockchain and AI technology at an infrastructure level, Kite is creating a future vision of a decentralized economy driven by agents, hence making KITE an important asset in future autonomous on-chain models.
