Original: Decrypt
In the rapidly evolving digital finance sector, there has always been a fundamental limitation: despite its powerful analytical capabilities, artificial intelligence (AI) can only play the role of an advisor. AI can tell you what to buy, when to trade, or how to optimize your portfolio, but it cannot perform these operations itself. Today, Vly (https://vly.money) has changed this by launching "AI-powered social wallets". This breakthrough innovation transforms AI from a passive advisor to an active financial agent, marking an important milestone in the integration of AI and digital assets.
Redefining the role of AI in finance
Imagine having a highly intelligent financial assistant that not only advises you, but also directly executes actions within the limits you set. This has not been possible in the cryptocurrency space before. No matter how good the AI's advice is, every transaction requires human intervention to complete. This bottleneck limits the potential of AI in digital finance, making interactions that should be smooth become cumbersome.
Vly's innovation removes this barrier, allowing users to authorize AI agents to send tokens on their behalf. As its first product, Vly launched AI Agent (@vly_agent), which allows users to directly perform payment or reward operations by simply notifying the AI agent on the social platform 𝕏 (formerly Twitter). Through natural language replies, users can easily authorize AI agents to process token transactions on their behalf. This feature creates a new model for human and AI collaboration in the financial field. This breakthrough is more than just operational automation, it represents a fundamental shift in the way we think about digital asset management and AI agents.
Use Vly AI agent (@vly_agent) to tip on 𝕏 platform
A Paradigm Shift in Web3 Interactions
In the cryptocurrency world, the "Connect Wallet" button has long been used to interact with decentralized applications (DApps). Although industry veterans have become accustomed to it, this interaction method has become a major obstacle for ordinary people to use Web3 products. Users must connect their wallets to various websites, understand the interactions of smart contracts and various signatures and authorizations, and always worry about the security risks brought by malicious DApps.
Vly's AI-driven social wallet has revolutionized this model. Instead of connecting wallets to multiple websites and manually approving each transaction, users can now authorize an AI agent once in a secure wallet environment. After that, the agent can automatically handle all subsequent interactions, greatly simplifying the user experience.
Authorize AI agent to use tokens in wallet
This shift brings several key advantages:
-Self -custody : Users have full control over their funds in Vly, a self-custodial wallet.
- Enhanced security : Users no longer need to connect their wallets to unknown websites.
- Reduced complexity : No need to deal with complex smart contract interactions.
- Better risk management : AI agents can verify trades before execution.
-Smooth experience : One-time authorization replaces multiple connection requests.
The entry barrier of Web3 is significantly lowered. Users no longer need to understand blockchain technology, smart contracts and wallet security, but only need to authorize AI agents to handle these complex matters on their behalf - while maintaining full control of their assets.
The technical magic behind Vly
At the heart of this breakthrough lies a clever combination of existing technologies. The “approve” feature of the ERC-20 token standard, originally designed for smart contract interactions, has been reimagined as a bridge between AI and human financial agents. Users can grant specific spending limits to AI agents, automating execution while maintaining control.
Applying token authorization to AI agents
Vly's uniqueness lies in its social account to wallet address parsing system. When the AI agent needs to send tokens to a Twitter user, it does not need a complicated wallet address, but only needs to use a social account. Vly's API will automatically parse it into the correct blockchain address, eliminating the key obstacle in AI-human financial interaction.
This technical architecture ensures security while maintaining simplicity. Users can set precise limits on the amount of tokens that AI agents can use, and can revoke permissions at any time. The system combines the programmability of blockchain technology with the accessibility of social media to create a user experience that is both powerful and intuitive.
Why now?
This innovation is the result of the fusion of three key technologies: programmable permissions of blockchain, decision-making capabilities of AI, and social identity resolution of Vly. While other platforms have used these technologies separately, Vly is the first to combine them into a complete system that is both secure and easy to use.
The key lies in Vly's unique ability to map social identities to blockchain addresses. This capability transforms social accounts into universal payment addresses, enabling AI agents to interact with the entire social network ecosystem without the user having to understand blockchain technology. This breakthrough in social identity resolution makes AI-driven social wallets not only possible, but also suitable for everyday use.
chain reaction
The impact of this breakthrough goes far beyond simple transactions. For the creator economy, it enables automated AI reward systems that instantly identify and reward quality content. In the gaming space, AI agents can manage game economies and execute trades in real time. For personal finance, it opens the door to truly intelligent portfolio management that can respond instantly to market conditions without users having to constantly connect their wallets to new platforms.
More importantly, it creates a new model for human-AI financial collaboration - DeFAI (Decentralized Finance Intelligence). Users maintain full control through customizable spending limits and revocable permissions, while AI agents can execute optimal trading strategies without constant human intervention. This balance of automation and control sets a new standard for how AI can be integrated into financial services.
Looking ahead
We are standing at the starting point of a new era of digital finance. Vly’s AI-powered social wallet represents the first step towards a future where AI agents will serve as active participants in the digital economy, working side by side with humans to optimize financial decision-making and execute transactions.
Most importantly, Vly is committed to building a thriving ecosystem by opening its "agent spending" functionality to all AI agents around the world. Any AI agent - whether focused on trading, content creation, gaming, or personal assistants - can integrate Vly's infrastructure to perform financial transactions through social identities. This open ecosystem approach means developers can create professional AI agents that leverage Vly's technology, fostering innovation and expanding the possibilities of automated financial services.
In creating an AI-driven social wallet, Vly has not only built a new feature, but also opened a new paradigm for digital finance. By opening this technology to all AI agents around the world, Vly is building a diverse ecosystem that allows any AI agent to participate in financial transactions through social identity. The future of digital finance is a future where AI and humans work seamlessly together, social identity will become a bridge between traditional and digital finance, and a thriving AI agent ecosystem will provide increasingly complex and personalized financial services. Vly's innovation has not only changed our perception of digital wallets, but also created an open stage for the next generation of AI-driven financial services.
Twitter: https://x.com/vlyai
APP: https://vly.money
Telegram Bot: @vly_wallet_bot