VeChain CEO says blockchain could build trust for AI agents
Lu says AI agents need a new accountability system
VeChain co-founder and CEO Sunny Lu said AI agents will need ways to prove their identity and build a reputation. He made the comments during Cointelegraph's Chain Reaction show on Wednesday.
Lu said autonomous AI agents that operate around the clock would require a "new accountability system" to build public trust. "The perfect solution is a blockchain," he said.
A blockchain is a shared digital record system that keeps information in a way that is hard to change after it is added.
Key points from the interview
- In Lu's vision, agents would have digital "passports" and use a "decentralized credibility system" that tracks their reputations and those of their creators.
- Smart contracts, which are computer code that can carry out agreements automatically, could help settle transactions between agents or between agents and people.
- Lu made the case while discussing VeWorld.ai, an agent-building platform that uses VeChain's blockchain.
- He said AI agents could help people turn expertise into businesses or services, including people who are not developers.
How Lu described the wider opportunity
Lu compared the opportunity to mobile app stores, which allowed individual developers to distribute and monetize their work. He said agent-building tools could open that market to people with specialist professional experience, local knowledge or hobbies.
He gave examples from his own experiments. They included an educational agent for his daughter, an agent to support his mother's daily routine and recovery, and a virtual employee to manage purchasing, inventory, sales and operations for an acquaintance's shop in Milan.
The report also noted that VeChain has pursued blockchain adoption through supply-chain tracking, including food traceability projects.
Another industry view on agent risks
Other industry participants have highlighted risks when users rely on agent providers. In an October interview, Animoca Brands chairman Yat Siu told Cointelegraph that crypto traders could put AI agents to work around the clock, but warned that users risked building their trading strategies around services they did not control.
What is confirmed and what is opinion
The confirmed information is that Lu expressed this view in the interview and promoted VeWorld.ai while discussing it. The claims about blockchain being a solution for AI agent trust, and about agents creating demand for identity and reputation systems, are Lu's opinions. The supplied material does not confirm that such systems will be adopted or that they will work as described.
Where this report comes from
Newisty Editorial Team covers technology, cryptocurrency, digital products, online platforms, developer tools and the wider digital economy. Our content is researched from official sources, company announcements, public documentation, market data and other primary or reputable sources. Articles are reviewed and edited before publication for clarity, accuracy and useful context.