Agentic Commerce: x402 — the Protocol

On Ep. 3 of Agentic Commerce, Simon Taylor, Head of Market Development @ Tempo, and Bam Azizi, CEO & Founder @ Mesh are joined by Erik Reppel, Author of x402 and Head of Eng @ Coinbase Developer Platform to discuss the history and original purpose of HTTP 402 status code, the convergence of blockchain, AI, native internet payments and more!

Timestamps:

• 00:00 Introduction
• 01:12 History and original purpose of HTTP 402 status code
• 04:24 The convergence of blockchain, AI, and native internet payments
• 06:13 The genesis and technical workings of the x402 standard
• 10:33 How an x402 transaction is constructed and the payments flow
• 12:08 Role of facilitators in x402 compared to traditional payment processors
• 19:29 KYT and sanctions screening for stablecoin transactions
• 22:07 Early use cases: AI agents paying for API access and digital goods
• 30:56 Cloudflare partnership and the pay per crawl concept for paid bot access
• 35:26 Interoperability of x402 with other agentic commerce standards like A2P and ACP

Tokenized is sponsored by Visa
A world leader in digital payments, Visa is bridging the gap between traditional financial institutions and innovative blockchain networks, helping players in the payments ecosystem navigate the ever-evolving world of tokenized fiat currencies with confidence and ease. Learn more at visa.com/crypto.

Tokenized is also presented by Mesh
As the first global crypto payments network, Mesh connects over 300 wallets, exchanges and payments platforms, and enables anyone to pay and get paid instantly, anywhere, in any asset. Mesh makes digital transactions seamless, secure and universal, fuelling the next era of agentic commerce. Learn more at meshpay.com

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We’d also like to remind you that the views or opinions of our contributors today are their own and do not necessarily reflect those of the companies they are representing. Nothing we say should be taken as tax, financial, investment or legal advice, do your own research!

Music by Henry McLean