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Internet Court launches
A consortium of 27 companies launched on July 10, 2026 an "Internet Court" standard meant to resolve disputes when AI agents transacting on behalf of humans or businesses disagree.
“launched on July 10, 2026Internet Court”
The initiative is led by the GenLayer Foundation, with OKX, 0G Labs, and Matter Labs’ ZKsync among the companies signed on, plus backing from ConsenSys MetaMask.
The project is designed to fold separate protocol functions for payments, escrow, and dispute resolution into one framework so AI agents can "hash out a disagreement in plain language, no human required."
GenLayer Foundation CEO and co-founder David Riudor said, "Agents will disagree at machine speed, and the system meant to resolve such disagreements was built for parties with bodies and a finite tolerance for waiting."
Backers and technical pieces
The Internet Court is backed by crypto and Web3 firms including OKX, MetaMask, and Matter Labs, and it integrates MetaMask’s Smart Accounts Kit as account and payment infrastructure underneath the standard.
MetaMask smart accounts lead Ryan McPeck pointed to Osobot as an early example, saying it has been "autonomously shipping code, running a newsroom, and judging hackathons."
The protocol’s dispute layer is handled through GenLayer alongside Kleros and UMA, using decentralized AI validator consensus to adjudicate agreements that require judgement rather than pure code execution.
GenLayer Labs co-founder Albert Castellana said, "The agentic stack is being built right now, but each standard solves one layer. The Internet Court makes them work together…"
Bitcoin-backed credit study
Separately from Internet Court, Metaplanet, JPYC and Progmat launched a joint study on Bitcoin-backed credit products, with the Tokyo listed company exploring digital corporate bonds and other credit instruments using Bitcoin, stablecoins and security tokens.
“Metaplanet, JPYC and Progmat launch study on Bitcoin-backed credit products”
The study will examine whether Bitcoin can be used as a backing or credit enhancement asset, and it will cover product design, legal and regulatory issues, operational flows, investor protection, settlement, distribution, rights management and technical verification.
Metaplanet framed the effort as part of Project NOVA, saying it is a broader push to treat Bitcoin as more than a passive treasury asset and to make Bitcoin collateral for financial products.
The companies said they have not committed to launching a product, with Metaplanet stating that no issuance timing, terms, yield, product details, distribution methods or final collaboration structure have been determined.
