This system enables organizations to create programmable, on-ledger mandates that grant AI agents and automated entities specific payment permissions, including spending limits, approved counterparties, expiry dates, and kill switches, ensuring secure and compliant financial transactions. It addresses issues related to unauthorized access, uncontrolled spending, and lack of transparency by providing precise authority control, real-time transaction checks, and audit trails, making it suitable for financial institutions, advanced supply chain operations, and organizations implementing automation and AI-driven payment management.
Ostrel can be found in Accounts Payable & Spend Management categories.
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