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AI Summary: Proposes a high throughput cryptographic micro billing protocol that allows autonomous systems to negotiate and pay each other for specialized tasks in real time.

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The Micro Billing Protocol for the Agentic Economy

J. L. Martinez·
Susan Athey·
Alessandro V. Rossi

ABSTRACT

As the internet transitions to a machine to machine economy systems frequently need to outsource sub tasks to external nodes. Traditional financial rails are too slow and fee heavy to support millions of autonomous micro transactions. We introduce a high throughput low latency ledger designed specifically for inter agent commerce. Utilizing cryptographic intent verification this protocol allows nodes to autonomously negotiate and settle sub cent payments in real time.

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