The Rise of the Agentic Economy

Introduction

AI is shifting from a predominantly centralised model, controlled by a few dominant players, toward a hybrid landscape that incorporates decentralised networks of autonomous agents.

NANDA (Networked Agents and Decentralized AI) is a pioneering open protocol designed to establish an actual “Internet of AI Agents,” enabling autonomous AI systems to interact, transact, and collaborate across decentralised networks— much like the Domain Name System (DNS) revolutionised the early web.

NANDA provides an open network for the discovery of AI agents, a trust framework with credentials, and a collaborative ecosystem.

By building on Anthropic’s Model Context Protocol (MCP) and Google’s Agent-to-Agent Protocol (A2A), NANDA extends these frameworks to allow businesses and industries to leverage interoperable, intelligent AI systems without reliance on traditional control constraints such as centralized gatekeepers, siloed platforms, limited discoverability, and opaque trust models.

As AI advances, focusing only on centralized models isn’t enough—AI must become autonomous, enabling agents to work efficiently across industries and ecosystems. This paper explores the business implications, governance challenges, and strategic opportunities associated with NANDA and the rise of the Agentic Economy.