designed for agentic payments. The main idea is that autonomous AI agents can conduct transactions on their own, without any human being directly involved. Each agent has its own verifiable identity, making it clear which agent is operating for what purpose, and they can also be controlled through governance rules.
Kite blockchain is an EVM-compatible Layer 1 network. This means that it can work with Ethereum's tools and smart contracts. The network is designed for real-time transactions, allowing AI agents to coordinate with each other quickly and smoothly. An important feature of the platform is its three-layer identity system, which separates user, agent, and session. This separation enhances security and gives users more control.
KITE is the native token of the network. The token starts being used in two phases. In the first phase, it is used for ecosystem participation and incentives, such as participating in network activities. In the second phase, staking, governance, and fee-related functions are added, which increases the token's role in running and managing the network.
