Making Agentic Commerce a Reality

Nemil Dalal
Wednesday 22 October 2025 | 3:30 – 4:30 PM
KR 224, 2nd Floor, KReSIT Building, Dept. of CSE

AI agents are proliferating, but they have no ways to pay for APIs, website content, ecommerce, or other AI agents. From the earliest days, the dream was to add native payments into the HTTP protocol through the 402 status code. Unfortunately, traditional payment methods were not easy to integrate.

In this talk, I’ll discuss the new HTTP status code defined by the x402 protocol [1] (whitepaper [2]), which helps enable value transfer between AI agents and merchants. I’ll discuss how AI agents can pay to crawl websites, ensuring that content creators get paid. We’ll see how early partners like Google (see Sundar Pichai’s recent tweet [3]), the Ethereum Foundation, Loews, and more are using x402 — and how anyone can get involved.

With cryptocurrencies and stablecoins exploding, there is a huge opportunity to create an internet and AI native global financial system, with worldwide accessibility, low fees, and micropayments.

[1] https://www.x402.org/
[2] https://www.x402.org/x402-whitepaper.pdf
[3] https://x.com/sundarpichai/status/1968013016181641492

 

Speaker Biography

Nemil Dalal is a builder in the crypto space for 10+ years, leading small crypto startups to large teams at Coinbase. Today, he is an ambassador for x402 and supports early entrepreneurs with advice and capital.

He most recently led developer products, asset integrations, and stablecoins over 7 years at Coinbase, helping grow USDC to $1 BN in market cap. In his most recent role leading developer products at Coinbase, he was a Senior Director reporting to the CEO. Previously, he founded CryptoFin, one of the earliest decentralized finance protocols, which was acquired by Coinbase. He also was the first product manager at Wildfire Interactive, one of the earliest social media ad platforms, which was acquired by Google. His earliest startup was Dreamforge, a 3D printing startup funded by Y Combinator in 2012.

He received his BS in Electrical Engineering and MBA from Stanford University. His parents both grew up in Mumbai.