Global commerce is slowed down in many ways trying to prevent fraud, crime and poor service.

While noble this creates over 500B in legal spent directly attributed to commercial transactions. It slows down business and increases cost of products.

New way of doing business is coming - binding agreement between parties that is constructed and adjudicated by AI. Settled onchain, allowing for composing financial instruments (like trade finance).

Creating a better commerce infra for businesses and agents is what NEAR Intents is working toward.