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GenLayer offers novel approach for AI agent transactions: getting multiple LLMs to vote on a suitable contract
GenLayer is betting that AI-driven contracts, enforced on the blockchain, will be the foundation for a trillion-dollar marketplace.
Last fall, the company announced it had raised$7.5 million from notable investors, including Arthur Hayes (Maelstrom), Arrington Capital, and North Island Ventures, to bring this vision to life. Intelligent Contracts can natively fetch live web data, process natural language inputs, and reason about complex, real-world conditions—all without relying on third-party services. Inspired by Condorcet’s Jury Theorem, an 18th century mathematical and political science theory by the Marquis de Condorcet that says a jury is more likely to reach a correct decision with more participants, the system aggregates AI outputs across multiple validators, ensuring fairness and reliability even for non-deterministic tasks like interpreting legal contracts, verifying supply chain data, or setting dynamic pricing models.
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