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Crypto news, April 21st, "Decoding Web 4.0: When AI Agents Take Over On-Chain Permissions" offline event concluded in Hong Kong. Web3 application NOXCAT, which integrates MPC wallets, social transfers, and on-chain security guarantees, attended the event and disclosed its on-chain escrow contract mechanism—when users conduct large OTC transactions, funds are automatically locked by smart contracts and only released after both parties confirm, eliminating the risk of one party defaulting from a mechanistic level. NOXCAT stated that this feature aims to address the long-standing trust issues in large off-chain Web3 transactions, with the application expected to officially launch in June 2026.