The Open Wallet Standard (OWS) is designed to solve fragmentation in the agent economy by allowing artificial intelligence (AI) agents to hold value and sign transactions without exposing private keys. This initiative is backed by over 15 major organizations, including the Ethereum Foundation and Paypal, and is available on platforms like Github and npm.
Agentic payments is very early, and we still are figuring out the best way to structure these. So our team just came up with what we thought was the most elegant, minimal, efficient protocol that anyone can extend without our permission.