MatterFi, a deep tech company focused on secure digital identity and transactions, today announced the launch of a suite of security solutions built specifically for the fast-growing AI agent economy projected to grow to over US$500 billion by 2030. The solution is backed by a robust intellectual property portfolio, with nine patent filings and over one million lines of proprietary and open-source code.
MatterFi’s solution addresses the critical security challenges faced by AI agents within the “Agentic AI” ecosystem, empowering them with secure transactions and identity. These intelligent software programs require secure methods for interacting with each other, conducting transactions, and protecting their valuable data. With MatterFi’s solutions AI agents and humans can interact by simply knowing each other’s names.
The decentralized infrastructure safeguards privacy by concealing on-chain addresses from malicious actors, while still providing cryptographic proof of KYC and all transactions. This ensures that AI agents and humans can operate without publicly revealing their balances, maintaining transparency only with their transaction partners. It surpasses existing DeFi solutions plagued by vulnerabilities such as address poisoning, phishing and sim swapping, fostering trust by providing complete transaction transparency for authorized parties while maintaining privacy for external actors.
“The rise of Agentic AI and consumer robotics presents a tremendous opportunity, but it’s critical to ensure the security of these intelligent agents,”
said Mehow Popieszalski, CEO of MatterFi.
“Our tech offers a comprehensive security solution that empowers them and their humans to participate in the digital world with confidence.”
The agentic economy will feature millions of robots acting as independent financial agents. MatterFi’s technology offers key management for those, providing on and off-chain crypto proof engines, and autonomous AI in a single, patent pending. This secure digital wallet for robots eliminates the need for manual interactions, such as asking for receive addresses or verifying identities. Cryptographic proofs automate this process, reducing the risk of scams or being scammed. We envision this technology being used in robot financial services discovery networks. In the MatterFi ecosystem, you can confidently give your robot spending money, knowing it won’t be lost and that it will accurately pay the correct vendor the exact amount each time.
MatterFi’s proprietary technology is designed to further mitigate advanced AI-powered hacking attempts and reverse engineering by leveraging patent pending off-chain cryptographic proofs to ensure the security of transactions. The solution offers AI for client-side control and for server-side custody, ensuring robust security and privacy. It also facilitates the creation of secure agent networks, enabling seamless communication and collaboration between AI agents. In addition, it provides a user-friendly system for AI agents and humans to discover and interact with each other, guaranteeing the authenticity of counterparties.
These enhancements utilize robust on-chain security methods, similar to Bitcoin, that are resistant to AI hacking. Even a highly advanced artificial intelligence would be unable to compromise these methods. MatterFi is applying these same security principles to all off-chain computing, including digital wallets, custody, and traditional finance applications like banking. By incorporating the same level of cryptographic proof (also known as E2E or end-to-end verification) for every transaction, they are ensuring the security of these off-chain systems.
This architecture makes transactions way easier and more secure from both a human user and robot perspective – as all transactions, regardless of how they are processed on the back end – are processed the same way – with a private key signature upon receipt of cryptographic confirmation of identity.