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AAA introduced a legal standard for AI agents - ForkLog
The American Arbitration Association (AAA), Integra Ledger, and a coalition of companies announced the launch of the Legal Context Protocol (LCP), an open standard for transactions between AI agents.
LCP is designed to provide legal conditions for transactions, consent of the parties, and dispute resolution procedures in scenarios where AI agents enter into agreements on behalf of people and organizations.
The protocol is intended as a "legal layer" on top of solutions for payments, identity, and agent coordination. AAA listed x402, Machine Payments Protocol, Trusted Agent Protocol, A2A, and Verifiable Intent among them. These systems handle technical aspects, while LCP covers transaction terms, applicable law, and possible dispute resolution procedures.
According to AAA's statement, the standard does not require blockchain, intermediaries, or special infrastructure: any organization with a web server can implement it. The specification, reference implementation, and integration examples have been published under the Apache 2.0 license. The project's management is planned to be transferred to a neutral foundation.
Among the founding participants of the project are Google, IBM, Circle, Wayfair, Stellar Development Foundation, Ava Labs , UiPath, Cardano, Hedera, Crossmint, Pinata, Aptos Foundation, Baselayer, Trinsic, First Person Cooperative, Sei Labs, and Mysten Labs.
AAA President and CEO Bridget McCormack noted that the legal infrastructure of e-commerce over the past 20 years is not aimed at transactions between AI agents
Integra Ledger CEO David Fisher called LCP a necessary legal layer for new solutions. Hedera co-founder Mance Harmon noted that as agent autonomy grows, a clear answer is needed if "something goes wrong."
Founded in 1926, AAA is the world's largest private provider of alternative dispute resolution services.
According to the association's forecast, by 2028, 90% of B2B purchases will be made by AI agents, and the volume of such spending will exceed $15 trillion
Recall that in June, US Democrats demanded that the Securities and Exchange Commission strengthen oversight of AI trading.