以太坊基金会确立后量子安全路线，智能体通信标 准加速商业闭环 产业研究中心 产业观察 [table_Header]2026.02.02 摘要：AI、量子计算跟区块链底层协议结合加深，加密合规化进展仍在加速 [Table_Summary] 量子防御提上日程，智能体经济确立交互标准 以太坊基金会确立后量子安全为首要战略，底层加密原语面临迭代 Optimism 发布 Superchain 后量子路线图，模块化层级同步跟进安全升级 Celestia 推出私有区块空间解决方案，利用零知识证明平衡数据可用性 ERC-8004 标准部署主网，定义 AI 智能体无需信任通信接口 StoryProtocol 联合 OpenLedger 推出 IP 授权标准，实现可编程版权管理 KiteAI 发布主网路线图，重构适应机器代理的高频支付技术栈 ZetaChain2.0 启动 AI 应用测试，全链抽象能力赋能跨链隐私记忆 Tezos 完成 Tallinn 协议升级，优化共识算法大幅降低区块延迟 Zcash 基金会发布 2026 战略，推进 FROST 门限签名技术普及 美股企业试水资产上链，ETF 策略向收益增强演进 VanEck ...

Core Insights - The crypto industry is transitioning into a new era defined as "Kinetic Finance," focusing on the efficiency of asset flow and profitability rather than just network speed [1][2][33] - Future opportunities in crypto are expected to center around three core transformations: asset transformation, subject transformation, and regulatory transformation [1][2] Asset Transformation - Real World Assets (RWA) are evolving from simple digital receipts to a global 24/7 settlement system, fundamentally enhancing capital efficiency [4][6] - Tokenized U.S. Treasury bonds have surpassed $7.3 billion, showing over 300% year-on-year growth, while tokenized U.S. stocks are emerging as the second major standardized asset with a current scale of approximately $500 million [6][7] - The RWA market is projected to reach $16 trillion by 2030, with a significant growth inflection point expected in 2026, where non-stablecoin RWA is anticipated to exceed $100 billion [7] Subject Transformation - The role of human traders is shifting towards AI agents, which will utilize DeFi protocols as financial APIs to seek optimal global returns [1][2][14] - AI-driven payment networks are expected to see substantial growth, with predictions indicating that on-chain automated trading volume will reach $5 billion daily by 2027, with a CAGR exceeding 120% [15] Regulatory Transformation - The regulatory landscape is moving from post-event supervision to code compliance, embedding privacy and compliance within the infrastructure to facilitate institutional capital entry [2][11] - The emergence of programmable privacy solutions is becoming essential for institutions to protect sensitive trading strategies while ensuring compliance [24][25] Institutional Adoption - The perception of crypto assets is shifting from speculative investments to global macro-hedging tools, with institutions increasingly focusing on compliance as a competitive advantage [21][23] - New financial products such as basis arbitrage and structured notes are being developed to provide institutions with diversified investment options [21][22] DeFi Evolution - DeFi is transitioning from passive smart contracts to proactive intelligent services, with a focus on strategy-driven asset management [28][29] - The market is witnessing a shift from human-to-machine interactions to machine-to-machine interactions, emphasizing the need for a DeFi adaptation layer [29][30] Conclusion - The industry is expected to focus on the release of asset efficiency rather than just network capacity, marking a significant shift towards "Kinetic Finance" [33][34] - Projects that can effectively reduce trust costs and enhance capital efficiency through code are anticipated to become foundational in this new paradigm [34]

Key Concepts of x402 Protocol - x402 is a new protocol designed to revive the "Payment Required" status code for crypto-powered microtransactions across the web [1] - x402 aims to transform how machines, AI agents, and humans pay for internet resources [1] - The protocol has the potential to reshape online business models beyond traditional advertising [1] - x402 could unlock a new economy of autonomous agents and programmable commerce [1] - Merit Systems is actively involved in the development and implementation of x402 [1] Micropayments and Internet Evolution - Micropayments were initially envisioned as part of the internet's infrastructure [1] - Technology to effectively implement micropayments has only recently become available [1] - x402scan is a resource for exploring x402 transactions [1] Bankless Sponsorship and Disclosures - Bankless was compensated by Bit Digital (NASDAQ: BTBT) to promote their company and BTBT [1] - Compensation was a one-time cash payment [1] - Investment disclosures are available on the Bankless website [1]

Company Overview - Paid.ai has successfully closed a $21 million oversubscribed seed round led by Lightspeed Venture Partners, bringing its total funding to $33.3 million [1] - The leadership team includes Manny Medina, co-founder of Outreach, and Manoj Ganapathy, who previously built billing infrastructure at Salesforce, among others [2] Industry Context - Paid.ai's platform is designed to help software-as-a-service (SaaS) firms transition from traditional seat-based pricing to outcome-driven models tailored for AI agents [3] - The company highlights a trend of slowing expansion among publicly traded SaaS companies, with many reporting single-digit growth or declines, attributed to AI agents replacing traditional teams [4] Market Trends - By 2030, it is projected that half of the global workforce will consist of AI agents, making per-seat pricing models unsustainable [5] - Early adopters of AI agent billing are experiencing revenue increases of 20% to 40% within six months, along with faster sales cycles and improved customer retention [5] Product Features - Paid.ai's platform includes value-proof dashboards to demonstrate the business impact of agents, custom pricing systems aligned to performance, and cost-tracking tools for measuring profitability at both customer and agent levels [6]