[
  {
    "startMs": 1309,
    "text": "[music]"
  },
  {
    "startMs": 12480,
    "text": "All right, thanks for having me. Uh,"
  },
  {
    "startMs": 14000,
    "text": "today we're going to be speaking about"
  },
  {
    "startMs": 15280,
    "text": "ampersend and agent spending without"
  },
  {
    "startMs": 18080,
    "text": "controls, which is the missing"
  },
  {
    "startMs": 20560,
    "text": "infrastructure layer for AI payments. A"
  },
  {
    "startMs": 24080,
    "text": "little bit about myself, uh, I'm CEO of"
  },
  {
    "startMs": 26960,
    "text": "Edge and Node. For those that aren't"
  },
  {
    "startMs": 28720,
    "text": "aware, we were the team that built the"
  },
  {
    "startMs": 30480,
    "text": "graph protocol. For those that aren't"
  },
  {
    "startMs": 32640,
    "text": "aware of that, um it is a blockchain"
  },
  {
    "startMs": 35600,
    "text": "data indexing protocol. It's been around"
  },
  {
    "startMs": 37360,
    "text": "since 2018. We have a decentralized"
  },
  {
    "startMs": 39840,
    "text": "network. Um we've served 1.8 trillion"
  },
  {
    "startMs": 43040,
    "text": "queries over the years of onchain data"
  },
  {
    "startMs": 45920,
    "text": "to applications um utilizing blockchain"
  },
  {
    "startMs": 50079,
    "text": "data. Um I've been a serial entrepreneur"
  },
  {
    "startMs": 54320,
    "text": "myself and we've incubated a project"
  },
  {
    "startMs": 56960,
    "text": "within engine node called ampersend uh"
  },
  {
    "startMs": 59600,
    "text": "in the ejected commerce space which is"
  },
  {
    "startMs": 61359,
    "text": "what we're going to be talking about"
  },
  {
    "startMs": 62320,
    "text": "today."
  },
  {
    "startMs": 64080,
    "text": "And so we're all aware that payments"
  },
  {
    "startMs": 66000,
    "text": "have been online for the past 30 years."
  },
  {
    "startMs": 69280,
    "text": "Um you know starting in 1981 we had our"
  },
  {
    "startMs": 72000,
    "text": "first electronic transaction"
  },
  {
    "startMs": 74799,
    "text": "and fast forward we had a multi-deade"
  },
  {
    "startMs": 76880,
    "text": "transition. Um, and this is from credit"
  },
  {
    "startMs": 79600,
    "text": "card payments to online e-commerce"
  },
  {
    "startMs": 82640,
    "text": "payments. Uh, fast forwarding all the"
  },
  {
    "startMs": 84880,
    "text": "way to today where we have the rise of"
  },
  {
    "startMs": 87119,
    "text": "the agent economy and unlocking a new"
  },
  {
    "startMs": 89759,
    "text": "wave of economic value."
  },
  {
    "startMs": 92640,
    "text": "And now we have LLMs and agents"
  },
  {
    "startMs": 96079,
    "text": "uh that can transact"
  },
  {
    "startMs": 98720,
    "text": "and we have this underlying payment"
  },
  {
    "startMs": 100960,
    "text": "infrastructure that's been around for"
  },
  {
    "startMs": 102560,
    "text": "decades and it's being rebuilt today um"
  },
  {
    "startMs": 105520,
    "text": "for the agentic economy. we've heard"
  },
  {
    "startMs": 107200,
    "text": "from many speakers here about how that's"
  },
  {
    "startMs": 109680,
    "text": "being done. We're going to be discussing"
  },
  {
    "startMs": 111600,
    "text": "today um our perspective and angle on"
  },
  {
    "startMs": 114560,
    "text": "it. So we we ourselves at edge and node"
  },
  {
    "startMs": 118479,
    "text": "were really early into the agentic"
  },
  {
    "startMs": 120799,
    "text": "commerce world. We actually developed um"
  },
  {
    "startMs": 123520,
    "text": "a microp payment system for queries back"
  },
  {
    "startMs": 125759,
    "text": "in 2021. We already referenced the 402"
  },
  {
    "startMs": 128959,
    "text": "spec back back then in a blog post. And"
  },
  {
    "startMs": 131280,
    "text": "so back in late 2024, we were looking"
  },
  {
    "startMs": 133680,
    "text": "into agents and how they would interact"
  },
  {
    "startMs": 137040,
    "text": "with data, how they would pay for it,"
  },
  {
    "startMs": 138560,
    "text": "specifically for the graph protocol"
  },
  {
    "startMs": 140640,
    "text": "itself and making microp payments for"
  },
  {
    "startMs": 142480,
    "text": "queries. And in our research, we were"
  },
  {
    "startMs": 145920,
    "text": "kind of looking at how this this could"
  },
  {
    "startMs": 148640,
    "text": "happen. And then a few weeks later, X42"
  },
  {
    "startMs": 150800,
    "text": "was released by Coinbase. So we jumped"
  },
  {
    "startMs": 153360,
    "text": "on immediately with the Coinbase team,"
  },
  {
    "startMs": 155680,
    "text": "with the Google team, started to"
  },
  {
    "startMs": 157440,
    "text": "collaborate to the X42 spec. We've"
  },
  {
    "startMs": 159280,
    "text": "joined the foundation. We've contributed"
  },
  {
    "startMs": 161360,
    "text": "to the X42 uh spec ourselves leveraging"
  },
  {
    "startMs": 164720,
    "text": "some of our prior art on the um microp"
  },
  {
    "startMs": 167280,
    "text": "payment system and uh batching protocol"
  },
  {
    "startMs": 170800,
    "text": "as part of how it could be utilized to"
  },
  {
    "startMs": 173840,
    "text": "uh reduce gas fees when you're dealing"
  },
  {
    "startMs": 175519,
    "text": "in nano payments. Um Circle themselves"
  },
  {
    "startMs": 178480,
    "text": "came out with their own kind of version"
  },
  {
    "startMs": 179680,
    "text": "of it called nano payments. Um so we"
  },
  {
    "startMs": 182080,
    "text": "were also working in similar veins"
  },
  {
    "startMs": 185599,
    "text": "and so we've seen an explosion of uh"
  },
  {
    "startMs": 189120,
    "text": "companies emerge solutions technologies"
  },
  {
    "startMs": 191920,
    "text": "and this kind of agented commerce map"
  },
  {
    "startMs": 194080,
    "text": "you can see on the screen here that"
  },
  {
    "startMs": 196319,
    "text": "there's a vast array of companies more"
  },
  {
    "startMs": 198159,
    "text": "added every day. It's really burgeoning."
  },
  {
    "startMs": 200800,
    "text": "Um, and you know, we're just one little"
  },
  {
    "startMs": 204159,
    "text": "piece in here of people developing, you"
  },
  {
    "startMs": 206640,
    "text": "know, infrastructure,"
  },
  {
    "startMs": 208800,
    "text": "um, payment protocols, governance, etc."
  },
  {
    "startMs": 213280,
    "text": "And so, traditional payment rails though"
  },
  {
    "startMs": 216159,
    "text": "were built for humans. Um, you know,"
  },
  {
    "startMs": 218480,
    "text": "when we're dealing with like financial"
  },
  {
    "startMs": 219840,
    "text": "institutions specifically, there's kind"
  },
  {
    "startMs": 221280,
    "text": "of a human in the loop that sets uh the"
  },
  {
    "startMs": 224000,
    "text": "decision making process of uh whether"
  },
  {
    "startMs": 226400,
    "text": "that payment is allowed to go through."
  },
  {
    "startMs": 228879,
    "text": "But we're dealing with agents that"
  },
  {
    "startMs": 230400,
    "text": "transact at machine speed and around the"
  },
  {
    "startMs": 232480,
    "text": "clock. And like I was saying is all"
  },
  {
    "startMs": 234480,
    "text": "these controls and uh policies and rules"
  },
  {
    "startMs": 237760,
    "text": "were built for humans and not for uh uh"
  },
  {
    "startMs": 242319,
    "text": "machines that don't breathe, right? So"
  },
  {
    "startMs": 244319,
    "text": "we're dealing in um in microscond"
  },
  {
    "startMs": 247680,
    "text": "machine speed and it's just simply not"
  },
  {
    "startMs": 250239,
    "text": "going to work in the way it has. And so"
  },
  {
    "startMs": 251599,
    "text": "we need a new method of doing that. Um"
  },
  {
    "startMs": 254159,
    "text": "you can see a lot of the transactions uh"
  },
  {
    "startMs": 256479,
    "text": "exploding. This is sort of over time."
  },
  {
    "startMs": 258639,
    "text": "We're seeing um transaction growth over"
  },
  {
    "startMs": 261840,
    "text": "X42. We're all saying this is coming. It"
  },
  {
    "startMs": 264800,
    "text": "is still early days. We're uh ourselves"
  },
  {
    "startMs": 267360,
    "text": "we're seeing a lot of experimentation"
  },
  {
    "startMs": 268960,
    "text": "kind of with uh with OpenClaw people"
  },
  {
    "startMs": 271919,
    "text": "making retail payments on an"
  },
  {
    "startMs": 273600,
    "text": "experimental basis. still not on the"
  },
  {
    "startMs": 276400,
    "text": "enterprise side as we're talking to uh"
  },
  {
    "startMs": 278560,
    "text": "many teams. Definitely everyone's"
  },
  {
    "startMs": 281520,
    "text": "looking at it and building kind of the"
  },
  {
    "startMs": 283759,
    "text": "infrastructure for when um these use"
  },
  {
    "startMs": 287120,
    "text": "cases break through. And so that's part"
  },
  {
    "startMs": 289759,
    "text": "of what we're we'll be displaying today"
  },
  {
    "startMs": 291360,
    "text": "with Amperson."
  },
  {
    "startMs": 293199,
    "text": "But in order for this to really break"
  },
  {
    "startMs": 294639,
    "text": "through, we need a compliance layer"
  },
  {
    "startMs": 296320,
    "text": "specifically when you're dealing with"
  },
  {
    "startMs": 297680,
    "text": "like you know uh almost a quadrillion"
  },
  {
    "startMs": 300960,
    "text": "dollar industry of the the traditional"
  },
  {
    "startMs": 303040,
    "text": "financial world. there's a set of rules,"
  },
  {
    "startMs": 306080,
    "text": "policies, and guidelines that need to be"
  },
  {
    "startMs": 307680,
    "text": "in place before anything can happen. Uh"
  },
  {
    "startMs": 310000,
    "text": "beyond just a credit card transaction,"
  },
  {
    "startMs": 311520,
    "text": "we're dealing with trillions and"
  },
  {
    "startMs": 313199,
    "text": "trillions of dollars um being transacted"
  },
  {
    "startMs": 316960,
    "text": "um across the globe. And so we're going"
  },
  {
    "startMs": 319680,
    "text": "to be honing in a bit on that as part of"
  },
  {
    "startMs": 321680,
    "text": "the presentation today in the demo"
  },
  {
    "startMs": 323440,
    "text": "that's coming up. But the compliance"
  },
  {
    "startMs": 325840,
    "text": "layer is literally like is is this"
  },
  {
    "startMs": 329120,
    "text": "counterparty um a non-sanction entity?"
  },
  {
    "startMs": 332479,
    "text": "is this counterparty uh have they been"
  },
  {
    "startMs": 334880,
    "text": "involved in terrorist activity? Who is"
  },
  {
    "startMs": 336960,
    "text": "the identity behind this? And when"
  },
  {
    "startMs": 339120,
    "text": "you're dealing with a Gentic systems,"
  },
  {
    "startMs": 340560,
    "text": "it's just simply you're presented with"
  },
  {
    "startMs": 342560,
    "text": "just a wallet address with no kind of"
  },
  {
    "startMs": 345120,
    "text": "background information on that. And we"
  },
  {
    "startMs": 347039,
    "text": "need these uh infrastructure layers in"
  },
  {
    "startMs": 350000,
    "text": "place to um to enable and facilitate"
  },
  {
    "startMs": 353840,
    "text": "enterprises to feel comfortable to adopt"
  },
  {
    "startMs": 355680,
    "text": "this um technology. All of these systems"
  },
  {
    "startMs": 358720,
    "text": "exist in the existing world today. But"
  },
  {
    "startMs": 361919,
    "text": "uh as we're breaking through into this"
  },
  {
    "startMs": 363919,
    "text": "um agentic world, we really need to have"
  },
  {
    "startMs": 366880,
    "text": "all of these pieces uh before uh large"
  },
  {
    "startMs": 370560,
    "text": "enterprises are going to sign off and uh"
  },
  {
    "startMs": 374080,
    "text": "give the okay to um implement these. At"
  },
  {
    "startMs": 377840,
    "text": "the end of the day, there is going to be"
  },
  {
    "startMs": 379120,
    "text": "a human responsible like a chief legal"
  },
  {
    "startMs": 382000,
    "text": "officer, a chief policy officer and that"
  },
  {
    "startMs": 384160,
    "text": "will have to sign off and that person"
  },
  {
    "startMs": 387600,
    "text": "needs to feel 100% confident that the"
  },
  {
    "startMs": 390639,
    "text": "systems in place will not allow for um"
  },
  {
    "startMs": 394880,
    "text": "agents to hallucinate, to go off the"
  },
  {
    "startMs": 397680,
    "text": "rails, to overspend, um to break policy."
  },
  {
    "startMs": 401759,
    "text": "Uh a lot of these compliance issues deal"
  },
  {
    "startMs": 404160,
    "text": "with large fines into the tens,"
  },
  {
    "startMs": 406639,
    "text": "hundreds, even billions of dollars. So"
  },
  {
    "startMs": 409120,
    "text": "these are really important um items and"
  },
  {
    "startMs": 413360,
    "text": "things to think about from a large"
  },
  {
    "startMs": 415199,
    "text": "enterprise and financial services"
  },
  {
    "startMs": 417360,
    "text": "perspective"
  },
  {
    "startMs": 419280,
    "text": "and governance simply hasn't caught up."
  },
  {
    "startMs": 421199,
    "text": "We're again we're early days so we are"
  },
  {
    "startMs": 424080,
    "text": "part of building up what needs to be put"
  },
  {
    "startMs": 426960,
    "text": "in place from our view in terms of"
  },
  {
    "startMs": 429360,
    "text": "allowing this to scale."
  },
  {
    "startMs": 431599,
    "text": "And that's why we're building Amperent."
  },
  {
    "startMs": 434880,
    "text": "Um, so we're dealing with Agentic"
  },
  {
    "startMs": 437280,
    "text": "checkouts with a financial harness."
  },
  {
    "startMs": 440639,
    "text": "And I'm going to turn it over to my"
  },
  {
    "startMs": 442319,
    "text": "colleague Prrenoff who is going to show"
  },
  {
    "startMs": 444240,
    "text": "us a demo. Right."
  },
  {
    "startMs": 445919,
    "text": ">> All right. Thanks."
  },
  {
    "startMs": 452319,
    "text": ">> All right. Like we said, for agents to"
  },
  {
    "startMs": 455599,
    "text": "be really useful, we need to give them"
  },
  {
    "startMs": 458080,
    "text": "tools. Right now they're being used for"
  },
  {
    "startMs": 460319,
    "text": "coding. If you want to use them to build"
  },
  {
    "startMs": 463039,
    "text": "better things, you need to give them the"
  },
  {
    "startMs": 464880,
    "text": "right tools. As of right now, as a AI"
  },
  {
    "startMs": 467680,
    "text": "industry, we've given them a lot of MCP"
  },
  {
    "startMs": 469919,
    "text": "servers,"
  },
  {
    "startMs": 471520,
    "text": "but most of these MP MCP servers are"
  },
  {
    "startMs": 474560,
    "text": "free of cost. So there are two ways to"
  },
  {
    "startMs": 477520,
    "text": "make your agents really useful."
  },
  {
    "startMs": 480800,
    "text": "One way is you can go to all these"
  },
  {
    "startMs": 482879,
    "text": "websites like Exop, Firecrawl and so"
  },
  {
    "startMs": 486000,
    "text": "many more which are getting more and"
  },
  {
    "startMs": 488400,
    "text": "more bigger with more MCP servers coming"
  },
  {
    "startMs": 491039,
    "text": "to play and you got to put in your"
  },
  {
    "startMs": 492960,
    "text": "credit card and you make your agent"
  },
  {
    "startMs": 494800,
    "text": "better or there is a better way that you"
  },
  {
    "startMs": 498400,
    "text": "can use an aggregator which has all the"
  },
  {
    "startMs": 501840,
    "text": "important tools to make your agent super"
  },
  {
    "startMs": 504879,
    "text": "powerful and that's why we built this"
  },
  {
    "startMs": 508240,
    "text": "marketplace and all you need is a skill"
  },
  {
    "startMs": 511280,
    "text": "file installed in your agent. You can"
  },
  {
    "startMs": 513919,
    "text": "give your cloud code this skill file and"
  },
  {
    "startMs": 516479,
    "text": "everything else will be done for you. So"
  },
  {
    "startMs": 519279,
    "text": "I'm going to show you an experiment."
  },
  {
    "startMs": 521279,
    "text": "We'll have uh this specific terminal"
  },
  {
    "startMs": 524880,
    "text": "with the amperson skill file and we'll"
  },
  {
    "startMs": 527839,
    "text": "have cloud code cloud co-working without"
  },
  {
    "startMs": 531760,
    "text": "the skill file and you'll see the"
  },
  {
    "startMs": 534080,
    "text": "difference is immense already. The"
  },
  {
    "startMs": 536800,
    "text": "reason is that most important MCP"
  },
  {
    "startMs": 539120,
    "text": "servers are going to be paid and you'll"
  },
  {
    "startMs": 541440,
    "text": "not put in your credit card to all these"
  },
  {
    "startMs": 543360,
    "text": "MCP servers. Rather what you'll do is"
  },
  {
    "startMs": 546399,
    "text": "use you'll use the agentic commerce tool"
  },
  {
    "startMs": 548720,
    "text": "or a platform or a wallet or a credit"
  },
  {
    "startMs": 550720,
    "text": "card to make that happen. And that's"
  },
  {
    "startMs": 552800,
    "text": "what what we enable. So let's just go on"
  },
  {
    "startMs": 556480,
    "text": "the terminal and install the ampus and"
  },
  {
    "startMs": 559279,
    "text": "scale file in one set. This is our"
  },
  {
    "startMs": 561360,
    "text": "website by the way where you can go. You"
  },
  {
    "startMs": 564080,
    "text": "copy the prompt and just like put in"
  },
  {
    "startMs": 566720,
    "text": "here. I already have it so I'm not going"
  },
  {
    "startMs": 568959,
    "text": "to uh sort of maybe it's fine. Uh"
  },
  {
    "startMs": 572720,
    "text": "install the skill file. And here I'm on"
  },
  {
    "startMs": 575360,
    "text": "the cloud coork, right? It does not have"
  },
  {
    "startMs": 578160,
    "text": "the skill file. Fair and square. This"
  },
  {
    "startMs": 581040,
    "text": "has the skill file. Now what I'll do is"
  },
  {
    "startMs": 583680,
    "text": "I'll tell them find the email"
  },
  {
    "startMs": 585920,
    "text": "information of the head of crypto and"
  },
  {
    "startMs": 587519,
    "text": "blockchain at Mastercard. All right. And"
  },
  {
    "startMs": 589600,
    "text": "I'll put in the same prompt. Uh I'll put"
  },
  {
    "startMs": 593600,
    "text": "in the same prompt for cloud cowork."
  },
  {
    "startMs": 596800,
    "text": "Remember the only difference is this"
  },
  {
    "startMs": 599279,
    "text": "specific terminal of mine has the skill"
  },
  {
    "startMs": 603360,
    "text": "file which has paid MCP tools and this"
  },
  {
    "startMs": 606160,
    "text": "one does not. And you'll see that it is"
  },
  {
    "startMs": 609040,
    "text": "not able to like specifically find out,"
  },
  {
    "startMs": 611120,
    "text": "hey, we're not able to give you exactly"
  },
  {
    "startMs": 613600,
    "text": "the email, but this is how the email"
  },
  {
    "startMs": 615519,
    "text": "format is for our master card. And you"
  },
  {
    "startMs": 618240,
    "text": "can go ahead and find that out. But when"
  },
  {
    "startMs": 620959,
    "text": "I go to my terminal, it is already be"
  },
  {
    "startMs": 622959,
    "text": "able to it will already be able to give"
  },
  {
    "startMs": 624800,
    "text": "me the email specifically the Twitter"
  },
  {
    "startMs": 627279,
    "text": "and what where is he based and"
  },
  {
    "startMs": 629360,
    "text": "everything and beyond. This is just one"
  },
  {
    "startMs": 632160,
    "text": "example of telling you that agents are"
  },
  {
    "startMs": 634720,
    "text": "getting powerful through MCP. But these"
  },
  {
    "startMs": 637519,
    "text": "MCPs are not public services. They're"
  },
  {
    "startMs": 640079,
    "text": "going to be charged and you will not"
  },
  {
    "startMs": 642160,
    "text": "know that you're interacting with MCPS"
  },
  {
    "startMs": 643920,
    "text": "or installing it or going on their"
  },
  {
    "startMs": 645440,
    "text": "websites and getting the credit card."
  },
  {
    "startMs": 647760,
    "text": "Rather, you'll just have a scale file"
  },
  {
    "startMs": 649519,
    "text": "which is a aggregator which can take"
  },
  {
    "startMs": 651760,
    "text": "care of your payments. in the"
  },
  {
    "startMs": 654399,
    "text": "background. What happened was if you go"
  },
  {
    "startMs": 656880,
    "text": "over here, you already can see that we"
  },
  {
    "startMs": 659519,
    "text": "did a transaction so that we could"
  },
  {
    "startMs": 662079,
    "text": "enable this surge for you because this"
  },
  {
    "startMs": 664240,
    "text": "is a paid endpoint that we had to"
  },
  {
    "startMs": 666720,
    "text": "specifically pay for to get what you"
  },
  {
    "startMs": 669760,
    "text": "specifically needed. So when we go to"
  },
  {
    "startMs": 671519,
    "text": "transactions, you should be able to find"
  },
  {
    "startMs": 673680,
    "text": "that we did a small transaction so that"
  },
  {
    "startMs": 676560,
    "text": "you would specifically get that specific"
  },
  {
    "startMs": 679360,
    "text": "information."
  },
  {
    "startMs": 681200,
    "text": "uh 30 days on the"
  },
  {
    "startMs": 684959,
    "text": "maybe we skip to the next demo for now"
  },
  {
    "startMs": 687200,
    "text": "as you can see this spending happened."
  },
  {
    "startMs": 690399,
    "text": "Let's skip to the next demo. I wanted to"
  },
  {
    "startMs": 692480,
    "text": "show you one more demo. In this what"
  },
  {
    "startMs": 694480,
    "text": "I've done is let's say I'm not a good"
  },
  {
    "startMs": 698079,
    "text": "kid which generally I am and I want to"
  },
  {
    "startMs": 700880,
    "text": "buy a father's day gift for my dad and I"
  },
  {
    "startMs": 704079,
    "text": "can also make that happen directly via"
  },
  {
    "startMs": 706640,
    "text": "the terminal. Shopify introduced UCP."
  },
  {
    "startMs": 710480,
    "text": "Amazon might be coming up with its own"
  },
  {
    "startMs": 712480,
    "text": "thing, but what I'll do is I'll give it"
  },
  {
    "startMs": 714560,
    "text": "a specific command using Shopify UCP."
  },
  {
    "startMs": 717440,
    "text": "Buy my father a Father's Day gift. Keep"
  },
  {
    "startMs": 720320,
    "text": "the gift less than $10. Let's see how"
  },
  {
    "startMs": 723920,
    "text": "this specific thing rolls."
  },
  {
    "startMs": 726639,
    "text": "What uh will happen in this specific"
  },
  {
    "startMs": 728800,
    "text": "terminal case is that it will already be"
  },
  {
    "startMs": 731760,
    "text": "able to f locate certain shops online"
  },
  {
    "startMs": 736000,
    "text": "and find out what things can be given"
  },
  {
    "startMs": 739120,
    "text": "for father's day gift list them for me"
  },
  {
    "startMs": 742480,
    "text": "and be able to buy that directly via"
  },
  {
    "startMs": 745440,
    "text": "ampend wallet that we have created. your"
  },
  {
    "startMs": 748720,
    "text": "agent is as powerful as the paid MCP"
  },
  {
    "startMs": 751600,
    "text": "tools that you're connected to it and if"
  },
  {
    "startMs": 754160,
    "text": "you've given it a payment trail."
  },
  {
    "startMs": 758959,
    "text": "So currently it's finding that out for"
  },
  {
    "startMs": 760959,
    "text": "us."
  },
  {
    "startMs": 763519,
    "text": "Okay."
  },
  {
    "startMs": 774320,
    "text": "See, this was an authorized transaction"
  },
  {
    "startMs": 776880,
    "text": "it did for finding me the email of that"
  },
  {
    "startMs": 779760,
    "text": "specific person at Mastercard, right?"
  },
  {
    "startMs": 782480,
    "text": "And these are all paid services or I"
  },
  {
    "startMs": 784959,
    "text": "would have to go on Xi and sort of put"
  },
  {
    "startMs": 787279,
    "text": "in my email card and get that. So, never"
  },
  {
    "startMs": 790320,
    "text": "leave your terminal. Just have a payment"
  },
  {
    "startMs": 792959,
    "text": "gateway and paid MCP tools and make your"
  },
  {
    "startMs": 796399,
    "text": "agents super super compatible and faster"
  },
  {
    "startMs": 799360,
    "text": "and give them more uh power."
  },
  {
    "startMs": 804720,
    "text": "All right, it's currently finding some"
  },
  {
    "startMs": 807040,
    "text": "stuff for me. Let's see if it's able to"
  },
  {
    "startMs": 809600,
    "text": "come up with some recommendations that I"
  },
  {
    "startMs": 811519,
    "text": "can use and I can hear itself do a"
  },
  {
    "startMs": 815040,
    "text": "aentic checkout so I can buy something"
  },
  {
    "startMs": 817680,
    "text": "for my dad for Father's Day."
  },
  {
    "startMs": 822880,
    "text": "What's good about this specific thing is"
  },
  {
    "startMs": 825040,
    "text": "that again and again I don't have to put"
  },
  {
    "startMs": 826880,
    "text": "in my name, my address, my phone number,"
  },
  {
    "startMs": 830240,
    "text": "anything. The agent already has the"
  },
  {
    "startMs": 833279,
    "text": "memory where it knows what do I like,"
  },
  {
    "startMs": 836240,
    "text": "what do I not like, and it will just"
  },
  {
    "startMs": 838560,
    "text": "give me specific things that I might"
  },
  {
    "startMs": 840880,
    "text": "want to buy for him. So, it already"
  },
  {
    "startMs": 844399,
    "text": "like, you know, total $9. This is what"
  },
  {
    "startMs": 847040,
    "text": "it is. Confirming the order and it"
  },
  {
    "startMs": 849600,
    "text": "already placed the bet and it already"
  },
  {
    "startMs": 851680,
    "text": "took $11 for that"
  },
  {
    "startMs": 856160,
    "text": "order complete. And here is your"
  },
  {
    "startMs": 858160,
    "text": "receipt. and my dad gets his $10 key"
  },
  {
    "startMs": 863040,
    "text": "directly via the agent. So this is just"
  },
  {
    "startMs": 867279,
    "text": "starting of what we call will be the"
  },
  {
    "startMs": 869839,
    "text": "future of agent e-iccommerce. It's not"
  },
  {
    "startMs": 872320,
    "text": "just buying gifts for your uh parents"
  },
  {
    "startMs": 874720,
    "text": "but rather it's much bigger. MCPs are"
  },
  {
    "startMs": 878399,
    "text": "becoming the normal norms of how your"
  },
  {
    "startMs": 880880,
    "text": "agents become super powerful and you"
  },
  {
    "startMs": 884639,
    "text": "might have already seen that Cloudflare"
  },
  {
    "startMs": 887040,
    "text": "is opening its gateway through X42 and"
  },
  {
    "startMs": 890160,
    "text": "agentic payments. If you go on a website"
  },
  {
    "startMs": 893519,
    "text": "and the agent is crawling that website"
  },
  {
    "startMs": 896160,
    "text": "then ads are irrelevant. How do people"
  },
  {
    "startMs": 898880,
    "text": "get paid?"
  },
  {
    "startMs": 900639,
    "text": "It's via agentic payments where a bot"
  },
  {
    "startMs": 903040,
    "text": "comes through Cloudflare, pays a"
  },
  {
    "startMs": 905600,
    "text": "microtransaction and gets all the"
  },
  {
    "startMs": 908160,
    "text": "information that's needed. So to make"
  },
  {
    "startMs": 911199,
    "text": "your agent super powerful, you need paid"
  },
  {
    "startMs": 914160,
    "text": "tools. We are in the era where most MCP"
  },
  {
    "startMs": 917279,
    "text": "tools are free. That's not going to be"
  },
  {
    "startMs": 919279,
    "text": "the case in the future. they're going to"
  },
  {
    "startMs": 921760,
    "text": "get paid and it will be it what your"
  },
  {
    "startMs": 924720,
    "text": "agent would need is good MCPS or an API"
  },
  {
    "startMs": 928560,
    "text": "which has an integration of MCPS and a"
  },
  {
    "startMs": 931600,
    "text": "wallet and this is what I'm trying to"
  },
  {
    "startMs": 934240,
    "text": "show you."
  },
  {
    "startMs": 935920,
    "text": "So the specific bet has already been"
  },
  {
    "startMs": 938320,
    "text": "placed. I'm going to try to show you the"
  },
  {
    "startMs": 940959,
    "text": "transaction over here that was done and"
  },
  {
    "startMs": 944000,
    "text": "it's already settled and I might have"
  },
  {
    "startMs": 946639,
    "text": "gotten an email where Shopify was able"
  },
  {
    "startMs": 950240,
    "text": "to buy my dad a gift. Let's see if I"
  },
  {
    "startMs": 954399,
    "text": "open it and show it to you because it"
  },
  {
    "startMs": 956320,
    "text": "Yeah, it's okay. You guys are friends."
  },
  {
    "startMs": 960240,
    "text": "See over here the order has been placed"
  },
  {
    "startMs": 962880,
    "text": "and I can already it's already getting"
  },
  {
    "startMs": 965519,
    "text": "tracked all via the agent terminal. I"
  },
  {
    "startMs": 968560,
    "text": "didn't have to even skip. Let's go to"
  },
  {
    "startMs": 971360,
    "text": "the last part which is all of this will"
  },
  {
    "startMs": 974639,
    "text": "be big if and only if like Rodrigo says"
  },
  {
    "startMs": 978079,
    "text": "there is compliance. Merchants will not"
  },
  {
    "startMs": 980560,
    "text": "take payments if they think this order"
  },
  {
    "startMs": 983360,
    "text": "is being placed by North Korean wallet."
  },
  {
    "startMs": 986079,
    "text": "And for that you need the compliance"
  },
  {
    "startMs": 988880,
    "text": "layer to be fitting in as well. The"
  },
  {
    "startMs": 990480,
    "text": "seller and the buyer side both need to"
  },
  {
    "startMs": 992639,
    "text": "have that. And I've created this"
  },
  {
    "startMs": 994959,
    "text": "specific uh simulation for you in which"
  },
  {
    "startMs": 999120,
    "text": "we have a good claw that you can let me"
  },
  {
    "startMs": 1001759,
    "text": "just close this right now. So now let's"
  },
  {
    "startMs": 1004880,
    "text": "go to the third one which is compliant"
  },
  {
    "startMs": 1007839,
    "text": "transactions"
  },
  {
    "startMs": 1009519,
    "text": "right for the world and Amazon to accept"
  },
  {
    "startMs": 1011839,
    "text": "agentic payments there needs to be"
  },
  {
    "startMs": 1013680,
    "text": "compliance involved to make sure that"
  },
  {
    "startMs": 1016000,
    "text": "the payment that's been done is not"
  },
  {
    "startMs": 1017920,
    "text": "malicious. So we have a good claw that"
  },
  {
    "startMs": 1020399,
    "text": "I'll spinning up that I'll be spinning"
  },
  {
    "startMs": 1022000,
    "text": "up over here and we have a bad claw. The"
  },
  {
    "startMs": 1025039,
    "text": "thing about bad claw is this is again a"
  },
  {
    "startMs": 1027199,
    "text": "simulation but this is a sanctioned"
  },
  {
    "startMs": 1030240,
    "text": "wallet address that means it has either"
  },
  {
    "startMs": 1033120,
    "text": "interacted with North Korean entities or"
  },
  {
    "startMs": 1035839,
    "text": "we were able to simulate it in a way"
  },
  {
    "startMs": 1037600,
    "text": "that it is flagged right so no amount of"
  },
  {
    "startMs": 1040559,
    "text": "transaction should be able to be done"
  },
  {
    "startMs": 1042240,
    "text": "because it is out of the swift scope of"
  },
  {
    "startMs": 1044640,
    "text": "policies."
  },
  {
    "startMs": 1046319,
    "text": "So if we go over here uh in this"
  },
  {
    "startMs": 1049120,
    "text": "specific thing and I disable screening"
  },
  {
    "startMs": 1051520,
    "text": "and save it,"
  },
  {
    "startMs": 1053919,
    "text": "my good claw and my B bad claw both"
  },
  {
    "startMs": 1057039,
    "text": "should be able to do transactions."
  },
  {
    "startMs": 1062160,
    "text": "Just to give you a little bit of"
  },
  {
    "startMs": 1063520,
    "text": "periphery, this is the seller that is"
  },
  {
    "startMs": 1066240,
    "text": "accepting payments. We have a small"
  },
  {
    "startMs": 1068960,
    "text": "service of scraping websites and it"
  },
  {
    "startMs": 1071679,
    "text": "needs to pay 0.1 cent to be able to take"
  },
  {
    "startMs": 1074720,
    "text": "that scraping information. Right now"
  },
  {
    "startMs": 1077520,
    "text": "because we don't have regulations both"
  },
  {
    "startMs": 1080160,
    "text": "these transactions are going through and"
  },
  {
    "startMs": 1082080,
    "text": "you can see it's getting authorized over"
  },
  {
    "startMs": 1084559,
    "text": "here. Right now what I'll do is using"
  },
  {
    "startMs": 1088960,
    "text": "compliance I will enable the specific"
  },
  {
    "startMs": 1091360,
    "text": "feature that we have built with TRM"
  },
  {
    "startMs": 1093120,
    "text": "which scans the wallet and make sure"
  },
  {
    "startMs": 1096480,
    "text": "that all the transactions are compliant"
  },
  {
    "startMs": 1098880,
    "text": "and what it will do is that up till now"
  },
  {
    "startMs": 1101679,
    "text": "everything has been working for good"
  },
  {
    "startMs": 1103600,
    "text": "claw and bad claw but things will stop"
  },
  {
    "startMs": 1106720,
    "text": "working for bad claw because using"
  },
  {
    "startMs": 1109120,
    "text": "compliance we are able to scan that and"
  },
  {
    "startMs": 1111280,
    "text": "we are able to give you see over here"
  },
  {
    "startMs": 1113760,
    "text": "the your your transactions are getting"
  },
  {
    "startMs": 1115679,
    "text": "blocked or rejected."
  },
  {
    "startMs": 1118400,
    "text": "And I can also show you over here that"
  },
  {
    "startMs": 1120400,
    "text": "rejected and denied. And the reason"
  },
  {
    "startMs": 1122799,
    "text": "behind the denying is because you're in"
  },
  {
    "startMs": 1125120,
    "text": "the block listed wallet addresses."
  },
  {
    "startMs": 1128799,
    "text": "All to tell you that agentic commerce is"
  },
  {
    "startMs": 1131919,
    "text": "becoming real. Agents need commerce more"
  },
  {
    "startMs": 1135600,
    "text": "than humans need commerce. But it will"
  },
  {
    "startMs": 1139360,
    "text": "not be the same. You will not go through"
  },
  {
    "startMs": 1142720,
    "text": "payment guardrails of Stripe or any"
  },
  {
    "startMs": 1146000,
    "text": "other of these checkout flows, but"
  },
  {
    "startMs": 1148799,
    "text": "agents will have their own proprietary"
  },
  {
    "startMs": 1150880,
    "text": "firms either through wallets or through"
  },
  {
    "startMs": 1152720,
    "text": "their own credit cards. Agents would"
  },
  {
    "startMs": 1155440,
    "text": "need to be superpowered. MCPs will get"
  },
  {
    "startMs": 1158240,
    "text": "paid and more and more paid MCPs will"
  },
  {
    "startMs": 1161280,
    "text": "come to reality to make your agent"
  },
  {
    "startMs": 1163280,
    "text": "successful."
  },
  {
    "startMs": 1165360,
    "text": "That will only happen and only be"
  },
  {
    "startMs": 1168080,
    "text": "successful in UX terms and more if"
  },
  {
    "startMs": 1172000,
    "text": "you're able to empower your wallet with"
  },
  {
    "startMs": 1174720,
    "text": "paid MCPs and a wallet infrastructure."
  },
  {
    "startMs": 1178960,
    "text": "If you want to know more about it, come"
  },
  {
    "startMs": 1181600,
    "text": "to Ampend. We'll be here outside"
  },
  {
    "startMs": 1184559,
    "text": "chatting if you have any questions."
  },
  {
    "startMs": 1186240,
    "text": "Thank you."
  },
  {
    "startMs": 1201283,
    "text": ">> [music]"
  }
]