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Cobo Proposes "Smart Contract-Based Permissioning + MPC" Framework: Building a Verifiable Trust Layer for the Web3 Economy
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2026-04-21 07:12

BlockBeats News, April 21st - Cobo AI Growth Lead Brad Bao shared at the offline event "Decoding Web 4.0: When AI Agent Takes Over On-Chain Permissions" that Cobo is restructuring the fund control logic of the Agent through a structured permission system. In its product, the relationship between the user and the Agent is no longer a simple wallet authorization but is defined by an executable "Agreement" to establish the permission boundary.

This Agreement includes at least four core elements: Intent, Path, Rules, and Termination, transforming the original "all or nothing" permission control into a negotiable, auditable, and revocable fine-grained governance mechanism.


On the implementation side, Cobo combines MPC (Secure Multi-Party Computation) technology to ensure that even in the event of Agent anomalies, system attacks, or mnemonic injection risks, the funds remain under the user's control, and no single entity can bypass constraints to independently transfer assets. Brad Bao emphasized that under this architecture, the Agent can have enough freedom of action to complete complex tasks, but its behavior is always limited within verifiable boundaries.


He stated that this system is essentially building a layer of "trust and insurance infrastructure" in the Agent economy, achieving controlled empowerment of Agent behavior through the combination of "contractual permissions + secure computation." Ultimately, this enhances automation efficiency while safeguarding user asset security and result determinism.

Source: BlockBeats

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