Smart contracts have been live on Ethereum for 11 years.
& on their own, they still can't read a webpage.
Everything they know has to be fed to them as a clean number. Prices. Timestamps. Balances.
The real world is messier. News articles, PDFs, agreements written in English, two sources that disagree.
That's the gap
@GenLayer built Intelligent Contracts for.
𝐰𝐡𝐚𝐭 𝐭𝐡𝐞𝐲 𝐜𝐚𝐧 𝐝𝐨
• fetch & read live web pages
• process text, PDFs & images
• follow rules written in plain English
• use AI to judge outcomes that aren't a simple yes or no
• settle the result on-chain
𝐡𝐨𝐰 𝐭𝐡𝐞𝐲 𝐬𝐭𝐚𝐲 𝐡𝐨𝐧𝐞𝐬𝐭
• 5 random validators check each result
• each one runs a different model or config
• majority rules
• appeal it & the panel jumps to 11, then 23, then 47
• around 30 minutes in the normal case
The clever bit: two answers can be worded differently & still count as the same answer. The developer decides what "equivalent" means. That's how a group of different AIs reach agreement.
𝐰𝐡𝐞𝐫𝐞 𝐭𝐡𝐢𝐬 𝐠𝐞𝐭𝐬 𝐮𝐬𝐞𝐝
• prediction markets resolved from live news
• insurance that pays out on flight delays & droughts
• escrow between AI agents that checks the work was actually done
• marketing deals where brands only pay for real results
• oracles that settle questions instead of trusting one data provider
The agents are coming either way. They'll need contracts that can read.
Go & read the docs before everyone else does: 👇