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Unicity.tex

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\usepackage[section]{placeins}
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\usepackage{float}
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\usepackage{amsmath}
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\usepackage{url}
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\usepackage[hyphens]{url}
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\usepackage{hyperref}
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\usepackage{enumitem}
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\usepackage{tocloft}
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Traditional smart contracts rely on globally shared state. All assets and application logic exist in a single state machine replicated across validators. Any contract can read or write any other contract's state, and all state is visible to all participants.
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Agents provide equivalent functionality in Unicity without global shared state. The underlying mechanism used is \textit{predicates}\footnote{For a detailed description of predicates along with privacy and security proofs, see \url{https://github.com/unicitynetwork/unicity-predicates-tex/releases}}, generalized ownership conditions that define when a token can be transferred.
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Agents provide equivalent functionality in Unicity without global shared state. The underlying mechanism used is \textit{predicates}\footnote{For a detailed description of predicates along with privacy and security proofs, see \url{https://github.com/unicitynetwork/unicity-predicates-tex/releases}.}, generalized ownership conditions that define when a token can be transferred.
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\begin{itemize}
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\item \textbf{Simple ownership:} In its simplest form, a token owned by a single public key requires a valid signature to transfer.
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\section{Decentralized Agentic Commerce}
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Agentic commerce - autonomous agents transacting for goods, services, and data, is projected to exceed \$3 trillion by 2030\footnote{https://www.mckinsey.com/capabilities/quantumblack/our-insights/the-agentic-commerce-opportunity-how-ai-agents-are-ushering-in-a-new-era-for-consumers-and-merchants} . Yet the infrastructure for agents to discover each other, negotiate terms, and settle transactions remains nascent.
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Agentic commerce --- autonomous agents transacting for goods, services, and data, is projected to exceed \$3 trillion by 2030\footnote{\url{https://www.mckinsey.com/capabilities/quantumblack/our-insights/the-agentic-commerce-opportunity-how-ai-agents-are-ushering-in-a-new-era-for-consumers-and-merchants}}. Yet the infrastructure for agents to discover each other, negotiate terms, and settle transactions remains nascent.
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Unicity enables decentralized agentic commerce where these functions are provided by independent agents rather than a monolithic platform.
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