As OpenAI faces pressure to generate revenue, it has entered the realm of smart contracts with a tool to help AI agents better find vulnerabilities in blockchain payment environments.
The generative AI vendor on Feb. 18 introduced EVMBench, an open source benchmark for evaluating the ability of AI agents to detect and exploit vulnerabilities. smart contract. A smart contract is a digital agreement or code that is stored on blockchain Which executes when certain predetermined conditions are met. If they are, a stablecoin platform can either send the payment or supply new stable coinsA type of cryptocurrency that is pegged to real-world reserve assets. OpenAI teamed up with cryptocurrency investment firm Paradigm to introduce the new benchmark.
EVMBench uses 120 vulnerabilities from 40 audits as data for evaluation. This also includes vulnerability scenarios identified during security audits tempo blockchainOpenAI said. Tempo is a blockchain built by payments vendors Stripe and Paradigm for stablecoins and global payments.
The launch of EVMBench by OpenAI is a sign of continued growth and popularity Stable Coins and BlockchainAs well as the seller’s efforts to generate more revenue to support their business.
According to McKinsey, the total value of stablecoins issued is expected to reach $2 trillion by 2028. Additionally, according to OpenAI, smart contracts currently secure over $100 billion in open source cryptocurrency assets. As the stablecoin market is growing, cybersecurity concerns are also growing. Therefore, AI agents that can help reduce risks may be welcomed. Given the opportunities provided by AI agents, the cryptocurrency and stablecoin market is a revenue generating market that could be profitable for OpenAI, which is spending more cash than it is generating.
a response
Therefore, EVMBench is a response to the financial challenges facing ChatGPT manufacturers, said Lian Jae Su, an analyst at Omdia, a division of Informa TechTarget.
“This pressure to generate ROI and steady revenue comes with a certain bias in the sense that this is a domain that they feel they can be involved in that allows them to generate enough revenue to justify all the evaluation and investment they have made in agentic AI,” Su said.
He further said that stablecoin market This has also been a long-time goal for public cloud service providers.
“It’s not surprising that OpenAI sees this market as a very interesting market for them,” Su said.
Regardless of the motivation behind OpenAI’s move into the cryptocurrency and stablecoin space, Su said, EVMBench could be attractive because it enables other vendors interested in the market to evaluate their agents and see how they perform.
a critical eye
However, enterprises that are more likely to adopt AI agents for their smart contract infrastructure should still take a closer look at OpenAI’s EVMBench and find out how it performs compared to internal development teams and address the weaknesses, Su said.
“At this stage, different enterprises make different value decisions,” he said. “Some enterprises rely more on their own teams than they rely on an agentic AI solution. But in the long run, as the cybersecurity landscape becomes much more complex, as we … address some of the vulnerabilities, some of the attack surfaces, I think it will make a lot of sense.”
As for OpenAI, it is likely that the vendor will continue to explore the stablecoin market and partner with more crypto companies. Su said.
“It’s still very early days,” he said. “You could almost argue that OpenAI is testing the waters a bit. I’m curious to see if other agent AI vendors jump on this boat as well.”
