Companies are raising billions but lack a real way to make money.
Now Chat GPT can find a coffee shop, but it can't necessarily buy the cup of coffee while XTCAI let's securely executes as well as compliance directly through stable coins.
Now the agents pay instantly and stable coins take advantage of gasless transactions and have integrated with stripes bridge platform.
The settlement layer is looking.
Unlock hundreds of billions of monetization.
Well joining us live here at the New York Stock Exchange to discuss the next frontier of AI monetization is Atul Khekade, co-founder of XDC Network.
Atul, great to have you here.
Thank you so much for joining me.
Absolute pleasure.
Thank you so much.
It's such amazing.
It's my second time here and it's so wonderful.
Well, here on Wall Street, artificial intelligence is a theme.
As well as technology that we've been paying attention to, so tell us about the launch of XTC AI.
Yes, so when we, we were originally inspired from the Bitcoin model, we thought decentralized finance systems, processing systems would be a big thing.
So we built a layer of our own which was more enterprise, very fast, very scalable, and for years and years we kind of became like.
An alternative to Bitcoin to make things better, things where, you know, enterprises can do certain things.
And here comes the AI moment when you realize that all the work, all the infrastructure that you put together, right?
Now comes into play.
How?
Because AI, all the companies are raising hundreds of billions of dollars.
They are still just like a knowledge layer.
They're not actually doing actions for you.
And that's for a reason.
It's, it's like a lot of lack of real-time settlement layer, but it's also the compliance, the dispute resolution, the KYCAML, and that exact trust layer which AI needs.
And now we are in, after we launch our framework, we are in the center of these AI.
AI tools where you just ask, say a Chat GBity or a group that you know, can you, what is a coffee shop nearby it will tell you, but if you ask it, can you actually order it for me, it can't.
It says I can't really do that.
Then you just change it to our MCP connector.
You open the settings, connect existCI connector in the background.
You ask it the same thing.
And it will actually do that transaction for you, which is quite transformative in a way considering that they lack that kind of monetization layer right now and all that we're building so far over the last 10 years is coming to the right place at the right time.
Yes, and I'm glad you brought up Bitcoin because when we're talking about utility with a lot of these technologies, I think.
Coffee test is an easy way to explain what's happening and we all know it's a matter of time before the bigger LLMs as well as the AI companies try to expand on this and incorporate the consumer retail experience into this.
But given the fact that there are also agentic AI out there, what do you want to do with this technology and what is your vision moving forward?
Yes, I think the layer for, so I think back in the day, year 2000, everyone was making websites because the consumer behavior was changing.
People were going to websites to actually find information whether to book hotels.
Then came the apps, right now people are going to be vibing their lives, so you need agents to work on your background and everyone is Building agents whether it's travel companies, any business, any individual, whether you are providing some kind of service, some kind of task, anything intellectual is going to be an agent agent agent and they need a transaction layer they need a trust layer you cannot build that overnight in the banking system, right?
And we've been doing that over a period of time and.
It looks amazing.
The moment you put agentic AI on top of XDC AI, it just does exactly what it's supposed to do.
It becomes like a monetization trust layer for the AI economy.
And while I have you here, I do want to get your take on the competitive advantage of XDCs versus other layers out there, say Ethereum or Solana.
Yes, so the way we were built, uh, very fast, uh, we have a 2 2nd transaction time, thousands and thousands of TPS.
All the network has been, uh, presented and, uh, you know, accepted at that level.
It already processes those transactions.
Ethereum is still a bit old.
Solana could probably match there, but, um, just looking at the sheer volume and demand of the, the AI compute and consumption and mort and demand that's coming up.
I think the first advantage we have is being early, but also being tested with the enterprise environment.
So we had NTT Docomo, one of Japan's biggest conglomerates, they're starting to run the Node.
Deutsche Telekom in Germany, we have SBI Holdings in Japan.
All these very big massive companies are running our infrastructure right now, and I think that's very different from anyone else.
You won't find any layer which has the infrastructure run by actual Fortune 50 institutions.
That's where ecstasy is kind of.
Separate and we have that advantage and leading position when it comes to the AI monetization platform.
Yes, and speaking of which, I do want to round out today's discussion by talking about payment systems.
So we know that there are well established global institutions out there who are working on payment systems right now.
So what is your edge?
Yes, so they, uh, the payment systems were at its core built on mainframes, you know, that's like very slow databases is where the core banking sits, and then for over a period of years they kept on building transaction processing layers on top of that, so it's like layers and layers and layers.
So it's like very high latency time today if you want to open a bank account and do a transaction, it would take ages, right.
Unlike on XGC, you can actually get your KYC done within minutes.
Your chain of address on XGC becomes a valid compliance layer, and then you are able to do the transactions instantaneously.
And no matter what your financial institutions are trying to build, they cannot build it now, you know, you have to go to someone who has actually been building in the last 10 years we've been building in the last 10 years, and it's, it works really fast.
So, and one more layer is I think covering the risk.
So you know, if you kind of cushion your mainstream systems, uh, from the AI computer and AI's ability to transact.
You are giving it some kind of risk protection, right?
So this is what we're giving.
Imagine connecting your bank account and your main credit card APS to say AI and watching it drained away, right?
This is where we come and we need a risk compliance and spending limits.
Layer for the air to work.
So no matter what they do, they should actually not do that.
They should come to us because we've already built it and perfected it.
Well, we will have to leave it there, but thank you so much for sharing the story of XTC as well as the launch of the AI platform.
Thank you.
Thank you.
