- Core Contribution: Coinbase Payments joins the Ethereum Foundation and other projects to develop the Open Intents Framework, aiming to simplify multi-chain interactions with automated “solver” tech.
- Open-Source & Modular: Developers get a flexible toolkit based on ERC-7683, allowing composable solvers and smart contracts—anyone can plug in, experiment, or swap components freely.
- Security & Public Good: Standardized infrastructure reduces attack risks and lays groundwork for AI-driven blockchain services, aiming to make cross-chain operations as seamless as regular web experiences.
Coinbase Payments has officially jumped in as a core contributor to the Open Intents Framework (OIF), working side by side with the Ethereum Foundation and a handful of other well-known projects. The goal? To make the messy world of multi-chain interactions smoother, using automated “solver” tech to handle the complicated stuff in the background.
Open-Source Way to Fix Interoperability
The OIF flips the usual blockchain experience on its head. Instead of clicking through endless steps, users just state an “intent”—like swapping one token on Ethereum for another token on Base. From there, a solver (basically an automated agent) does the heavy lifting: it finds the best route, executes, done.
Developers also get a modular toolkit: reference solvers, smart contracts, all designed around the proposed ERC-7683 standard. Since it’s open-source, no one’s locked into a single provider. Builders can plug in, compose, or even swap out parts, which makes experimenting a lot easier.
Security + AI Connection
One of the big selling points here is security. With standardized infrastructure, there’s less room for loopholes that attackers can exploit. That matters because the industry has seen plenty of incidents lately—from insider-related data breaches at Coinbase, to hackers fumbling away millions after panic trades.
The solver approach also blends neatly with the growing push for blockchain-AI integration. The Ethereum Foundation already spun up an AI team to explore how Ethereum could serve as a base layer for a machine-driven economy. At the same time, Circle and others are experimenting with ways for AI agents to autonomously buy services online using stablecoins.
A “Public Good” for Cross-Chain Users
The OIF is being described as a public good initiative. The big dream is to make blockchain interactions feel as seamless as browsing a regular website or shopping online. Imagine swapping assets across chains without even thinking about the backend complexity—that’s the vibe they’re going for.
By creating shared infrastructure, OIF could unlock a wave of new apps that combine user-friendly design with Ethereum-grade security. It’s not just about crypto swaps; think e-commerce, gaming, or AI services running across multiple chains without all the headaches we deal with today.