Cars That Pay Themselves Are Here | Durham News

Cars are about to start spending your money — and the auto giants are racing to make it work. Volvo’s parent company Geely is investing in Concordium, the blockchain startup building AI agents that can initiate payments on your behalf. With over 1,600 verified agents already onboarded, accountability is finally being addressed. Mastercard and Visa are also jumping in, with Mastercard launching Agent Pay for Machines to enable lightning-fast transactions. But the real challenge? Making these autonomous payments trustworthy and traceable. Who’s responsible when a car pays for charging without your permission? The answer lies in creating a clear chain of authorization — from owner to agent to merchant — before this futuristic tech becomes a liability.

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