DXAnthus
Shallow thinking on a deep dive

The DXAnthus Journey
Connecting innovations to create something far bigger.
Technologies can thrive on their own, but linked together they create powerful new ecosystems.
Finance for me started in the late 20th Century, an age of Traditional Finance aka “TradFi”.
For almost 10 years I have been researching and building around BlockChain.
Today I live in the middle of TradFi & NewFi.
One foot walks the path of well tread traditional finance. The other keeps venturing into the unknown, building what is inevitably replacing our old ways.
DXAnthus is a place to store and share where my mind goes

The Curse of Knowledge
– Experts often see things differently than the lay person.
Building where no infrastructure exists – Leapfrogging over the existing. Africa cell phone infrastructure was a no brainer as there was no POTS (Plain Old Telephone Service).
This is the beginning of my journey into modeling an integrated Financial system for the EU. Along the lines of the US Federal/State model.
The curse of knowledge is minimal as I know little to nothing about the regulatory and rails of the 27 EU Nations. They have a common currency but there is a tremendous amount more to do.
The infrastructure seems ripe for reinvention as existing traditional financial rails are creaking and impeding adoption and integration.
A marriage of technologies which include blockchain, AI, Smart Contracts, Oracles and more all combined into a unified platform of taxation and regulatory framework to help unleash the potential and power of a financially unified EU.
The time is right and the intention is certainly present.

Creating a unified economic structure for the EU
Growing up the United States the financial rails developed around a young, gradually evolving country of 50 states. Though younger the EU is not a natural outgrowth of one but rather a collusion of 27 historically independant countries.
Each US state has its own tax system with the overlay of the Federal tax. This stems from a both common currency and a balance of State and Federal independence. Each state is free to impose whatever taxes it chooses on income, sales, property etc. The Fed also has autonomy to create and demand different taxes from the citizens of each state. The US tax Code is notoriously elaborate and navigation often requires the expertise of CPAs and other financial professionals.
Historically the countries of the EU are quite different as each was autonomous with its own system of tax and currency. Each operated independently with trade between the countries being conducted using complex currency exchange rates. With the formation of the EU those currencies became one, The Euro.
Though there may be a common currency, the underlying financial rails and taxation are not unified. Therein lies a great impediment to the EU realizing its greatest potential as a global financial and trade powerhouse.
Taking the US State and Federal model and overlaying elements of that system onto the 27 countries of the EU has the potential to unlock and point the way towards ease of capital flows.
First steps: a few answers from AI queries:
Creating a unified economic structure for the EU involves deepening integration beyond the current monetary union to include fiscal and banking dimensions. The EU currently has a monetary union through the euro but lacks a true fiscal union, meaning most tax and spending decisions remain at the national level.
Current State and Challenges
The EU has economic and monetary union (EMU) with the euro currency, but most decisions about taxes and spending remain at the national level Fiscal union – Wikipedia. This creates what economists call an “incomplete monetary union” – countries share a currency but maintain separate fiscal policies, which can lead to imbalances and limit the effectiveness of economic policy coordination.
The EU recently updated its fiscal framework in early 2024, with the first 22 medium-term fiscal structural plans being submitted, evaluated and mostly approved by late 2024 and early 2025 The European Union’s new fiscal framework: a good start, but challenges loom. However, experts argue that the European Union needs to accelerate its banking and fiscal integration The Next Steps in EU Economic Integration | CSIS.
Key Components of Deeper Integration
A unified EU economic structure would require several elements:
Fiscal Union: This would involve coordinating tax policies, creating common fiscal instruments, and potentially establishing a central EU budget large enough to provide meaningful economic stabilization across member states. Currently, the EU budget is only about 1% of member states’ combined GDP.
Banking Union: Completing the banking union with common deposit insurance and resolution mechanisms would create a more integrated financial system. The EU has made progress here but the banking union remains incomplete.
Economic Governance: Strengthening coordination of economic policies beyond the current framework, potentially including common standards for labor markets, competition policy, and industrial strategy.
Political and Practical Obstacles
The main challenge is political rather than economic. Fiscal integration via a common budget large enough to achieve fiscal stabilization would vastly increase the power of the EU and transform it from a mainly legal union Bargaining the Euro: Making an EU Fiscal Union Politically Acceptable | European Review | Cambridge Core. This requires member states to cede significant sovereignty over their fiscal policies, which remains politically contentious.
Different countries have varying economic philosophies, debt levels, and preferences for the role of government in the economy. Northern European countries often favor fiscal discipline and limited transfers, while southern countries may prefer more flexible fiscal rules and greater solidarity mechanisms.
Current Momentum
Recent external challenges have strengthened the case for deeper integration. The case for closer economic union has become more compelling as external challenges multiply Europe’s Integration Imperative, including geopolitical tensions, climate change, and global economic competition.
The path forward likely involves gradual steps rather than a sudden leap to full fiscal union. This could include expanding common EU funds for specific purposes (like the post-pandemic recovery fund), creating limited fiscal stabilization mechanisms, and continuing to harmonize economic policies while respecting national preferences where possible.
How blockchain might be integrated
Blockchain technology could play several important roles in creating a more unified EU economic structure, offering solutions for transparency, efficiency, and trust in cross-border economic coordination.
Digital Euro and Cross-Border Payments
A blockchain-based digital euro could serve as the foundation for seamless economic integration. Unlike the current system where cross-border payments within the EU still involve multiple intermediaries and settlement delays, a blockchain-based central bank digital currency (CBDC) would enable:
- Instant settlement of transactions between member states
- Reduced costs for cross-border commerce and government transfers
- Real-time monitoring of economic flows for policy coordination
- Programmable money that could automatically execute fiscal transfers based on predetermined economic indicators
Automated Fiscal Coordination
Smart contracts could automate many aspects of fiscal coordination that currently require lengthy political negotiations. For example:
- Automatic stabilization transfers triggered when a member state meets specific economic distress criteria
- Real-time tax harmonization where VAT rates or corporate tax adjustments happen automatically based on economic conditions
- Transparent distribution of EU funds with built-in compliance monitoring
Enhanced Economic Governance and Transparency
Blockchain’s immutable ledger could address trust issues that currently hinder deeper integration:
- Budget Transparency: All EU and national government expenditures recorded on a shared ledger, making fiscal oversight automatic and reducing disputes about compliance with fiscal rules
- Economic Data Integration: Real-time, tamper-proof economic statistics shared across all member states, eliminating delays and disagreements about economic conditions
- Regulatory Compliance: Automated monitoring of adherence to EU economic rules, reducing the political friction around enforcement
Decentralized Identity and Services
A blockchain-based European digital identity system could enable:
- Seamless provision of social services across borders as labor mobility increases
- Automatic portability of benefits, pensions, and tax obligations
- Reduced administrative costs for managing cross-border economic activities
Supply Chain and Trade Integration
Blockchain could enhance the EU’s single market by:
- Creating transparent, EU-wide supply chain tracking for strategic industries
- Enabling automatic compliance with EU regulations across borders
- Facilitating carbon credits and environmental regulation enforcement
Banking Union Infrastructure
For completing the banking union, blockchain could provide:
- Shared infrastructure for deposit insurance schemes
- Real-time risk monitoring across all EU banks
- Automated stress testing and capital requirement adjustments
- Transparent bank resolution processes
Implementation Challenges
However, integrating blockchain faces significant hurdles:
Scalability: Current blockchain networks struggle with the transaction volumes needed for EU-wide economic activity. Solutions like layer-2 networks or hybrid blockchain-traditional systems would be necessary.
Regulatory Harmonization: Different member states have varying approaches to blockchain regulation, requiring significant coordination.
Digital Divide: Ensuring all member states have the technical infrastructure and expertise to participate equally.
Privacy vs Transparency: Balancing the transparency benefits with privacy requirements, especially for sensitive economic data.
Phased Implementation Strategy
A realistic approach might involve:
- Pilot Programs: Starting with specific use cases like EU fund distribution or cross-border VAT collection
- Interoperability Standards: Developing common blockchain protocols for EU institutions
- Digital Euro Launch: Beginning with a blockchain-based CBDC for payments
- Gradual Expansion: Extending blockchain infrastructure to more areas of economic governance
The key advantage of blockchain in EU economic integration is that it could provide the technical infrastructure for deeper cooperation without requiring immediate political agreement on full fiscal union. Member states could gradually build trust and familiarity with shared economic governance through transparent, automated systems.
Designing for ai agents acting on smart contracts for ease of use and adoption
Designing blockchain systems for AI agents to interact with smart contracts requires rethinking traditional user interfaces and creating machine-readable, autonomous-friendly architectures. This is particularly crucial for EU economic integration where millions of automated transactions and policy implementations would need to occur seamlessly.
AI Agent-Friendly Smart Contract Design Framework
The key to successful AI agent integration with smart contracts lies in designing systems that speak the agents’ language rather than forcing them to adapt to human-centric interfaces. This is especially critical for EU economic integration where the complexity and scale demand automated solutions.
Critical Design Considerations
Intent-Based Architecture: Instead of requiring AI agents to understand complex blockchain mechanics, contracts should accept high-level intentions. An agent should be able to say “stabilize the Greek economy” rather than manually calculating transfer amounts and triggering multiple contracts.
Semantic Understanding: Smart contracts need rich metadata that AI agents can parse to understand functionality, prerequisites, and outcomes. This includes machine-readable descriptions of what each function does, what data it requires, and what side effects it produces.
Composability for Agents: AI agents excel at orchestrating complex workflows. Contracts should be designed as building blocks that agents can combine in sophisticated ways – like automatically coordinating fiscal transfers with monetary policy adjustments and regulatory compliance checks.
Specific EU Economic Use Cases
Real-Time Economic Response: AI agents could monitor economic indicators across all member states and automatically trigger appropriate responses – fiscal transfers, policy adjustments, or emergency measures – within minutes rather than months of political negotiation.
Cross-Border Compliance: Agents could continuously monitor transactions for compliance with EU regulations, automatically flagging violations, calculating penalties, and even implementing corrective measures while maintaining full audit trails.
Dynamic Policy Implementation: As economic conditions change, AI agents could gradually adjust policies like tax harmonization or trade regulations according to predefined rules, making the EU economic system more responsive and adaptive.
Overcoming Adoption Barriers
The biggest challenge isn’t technical but psychological – getting member states comfortable with automated economic governance. The design should include:
- Transparent Decision Making: Every agent action should be explainable and auditable
- Graduated Autonomy: Start with agents requiring human approval, gradually increasing independence as trust builds
- Cultural Sensitivity: Different member states have different comfort levels with automation, so the system needs configurable oversight levels
Human-AI Collaboration: Rather than replacing human decision-makers, the system should augment them – providing real-time analysis, policy simulations, and implementation support while keeping humans in control of major decisions.
The framework I’ve outlined provides a foundation for creating blockchain systems that AI agents can use intuitively while maintaining the transparency and democratic oversight that EU economic integration requires. The key is starting with limited pilot programs and gradually expanding as both the technology matures and political comfort increases.
Intent-Based Interfaces & AI Governance: Technical Deep Dive
This comprehensive system addresses both the technical complexity of intent-based AI interfaces and the critical governance requirements for autonomous agents operating in EU economic systems.
Key Integration Points
The most crucial aspect is how intent processing and governance oversight work together seamlessly. When an AI agent expresses an intent like “stabilize Italian unemployment,” the system:
- Parses the high-level intent into specific, executable actions
- Immediately applies governance filters to determine required approval levels
- Executes with real-time monitoring to catch any unexpected behavior
- Records everything in an immutable audit trail for democratic accountability
Critical Technical Innovations
Intent Translation Engine: The system converts natural language or structured intents into specific blockchain transactions. This is far more sophisticated than traditional APIs – it requires understanding context, inferring missing parameters, and optimizing execution across multiple smart contracts.
Dynamic Approval Routing: Rather than fixed approval processes, the system dynamically determines what level of human oversight is needed based on the intent’s scope, cost, and potential impact. A €50M fiscal transfer might need ministerial approval, while a €1M compliance action could be automatic.
Behavioral Pattern Recognition: The monitoring system doesn’t just track individual actions but learns each agent’s behavioral patterns, detecting anomalies that might indicate malfunction, manipulation, or drift from intended behavior.
Governance Innovation
Graduated Autonomy: Agents start with minimal autonomy and gradually earn more independence based on performance. A new agent might need approval for any action over €100K, while a proven agent might operate autonomously up to €10M.
Democratic Circuit Breakers: Not just technical safeguards, but democratic ones – if citizens or member states express significant concern about AI governance, the system can automatically pause certain types of automated decisions pending human review.
Explainable Decision Paths: Every agent decision can be traced back through the intent processing chain, showing exactly why the agent took specific actions, what data it relied on, and what governance checks were applied.
Real-World Implementation Challenges
Performance at Scale: The EU processes millions of economic transactions daily. The governance overhead needs to be computationally efficient enough not to slow down legitimate operations while thorough enough to catch problems.
Cultural Adaptation: Different member states have varying comfort levels with automation. The system needs configurable governance levels – Germany might allow high AI autonomy for fiscal transfers while Italy prefers more human oversight.
Emergency Response: During economic crises, the system needs to accelerate decision-making while maintaining accountability. This requires pre-authorized emergency protocols and rapid approval mechanisms.
The framework creates a foundation where AI agents can operate with human-like decision-making capabilities while maintaining the democratic oversight and transparency that EU governance requires. The key innovation is making governance feel seamless rather than bureaucratic – helping rather than hindering effective economic management.
Platform for managing integrated EU financial system
Core Payment and Settlement Platforms
TARGET2 is the primary platform for managing high-value payments in the EU financial system. TARGET2 is the leading European settlement and clearing platform for processing large-value payments and is used by both central banks and commercial banks to process payments in euro in real time. Settlement and clearing systems in Europe – SEPA, TARGET2 and EBICS | Advapay TARGET2 plays a pivotal role in European monetary integration by facilitating transfers between the national central banks of eurozone member states and other financial entities. TARGET2, SEPA, and SWIFT: An Examination of Europe’s Primary Payment Systems
SEPA (Single Euro Payments Area) complements TARGET2 by focusing on retail payments. SEPA is designed to simplify and standardize euro-denominated electronic payments within the European Union, whereas TARGET2 is designed for high-value interbank payments between financial institutions across Europe. TARGET2 cross border payments: a full guide | Transferra
Regulatory and Advisory Platforms
The European Commission operates several specialized platforms:
- fi-compass: fi-compass is a unique platform for advisory services on financial instruments under EU shared management fi-compass | Financial instruments under EU shared management
- Platform on Sustainable Finance: An advisory body that supports the EU’s sustainable finance framework
- International Platform on Sustainable Finance (IPSF): The ultimate objective of the IPSF is to scale up the mobilisation of private capital towards sustainable investments. International Platform on Sustainable Finance – European Commission
Supervisory Framework
The EU’s integrated financial system is overseen by European banking supervision, which comprises the ECB and national supervisors of the participating countries. Financial integration in Europe: where do we stand after the banking union’s first decade? The ECB also publishes regular Financial Stability Reviews to monitor system health.
Future Developments
For 2025, the European Commission is working on further integration initiatives, including simplification of reporting frameworks and legislative proposals to enhance the financial services sector’s efficiency and stability.
These platforms work together to create a comprehensive ecosystem for managing the integrated EU financial system, covering everything from real-time payment processing to regulatory oversight and sustainable finance initiatives.