""These agents will organically, autonomously start executing, creating ... transactions, and managing economic activity as we see more and more of these tools enter the market," Nava CEO and co-founder Vyas Krishnan told Fortune."
"Nava's specific approach to reining in rogue behavior by AI agents is the creation of an escrow service that holds onto funds until an agent proposes a transaction."
"Once the agent does, Nava uses a verification framework to determine whether the outcome of an agent's transaction will match the user's intent."
"The reasoning that underlies any given decision by Nava to accept or reject a transactions will be posted on-chain, thereby creating a public ledger of decisions that other AIs can."
Nava has raised $8.3 million to enhance trust in AI agents handling financial transactions. The startup's escrow service retains funds until a transaction is proposed, using a verification framework to ensure alignment with user intent. If the transaction meets the criteria, it is executed; otherwise, funds remain in escrow. This approach aims to prevent rogue behavior by AI agents and will document decision reasoning on-chain, creating a transparent public ledger for other AIs.
Read at Fortune
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