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Mastercard and Google Launch Verifiable Intent to Establish Verifiable Authorization Records for AI Agent Commerce
Mastercard and Google jointly release the open standard framework Verifiable Intent, specifically designed for the "agent commerce" scenario where AI agents autonomously complete shopping transactions. This framework uses cryptographic technology to create tamper-proof authorization records when AI agents act on behalf of users to execute transactions, integrating identity, intent, and actions into a single privacy-preserving audit trail. This addresses the issue where merchants and card issuers cannot confirm whether consumers have truly authorized a transaction when AI agents place orders autonomously.