Yellow Network, in which Ripple co-founder Chris Larsen invested 10 million dollars, has unveiled technology for instant settlements between autonomous artificial intelligence programs. XRP will serve as the basic settlement mechanism for this stack, combining Yellow Network’s high-speed channels with the capabilities of the XRP Ledger. According to the project, robots will be able to trade with each other without fees within the system before immediately recording the final settlement on the XRP blockchain. Yellow Network will act as a digital guarantor by verifying and protecting each transaction before closing it on XRPL, where a transfer takes three to five seconds and costs a fraction of a cent.
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