Cong He

Ailiya Borjigin, Wei Zhou, Cong He

Alternative Assets tokenization is transforming non-traditional financial instruments are represented and traded on the web. However, ensuring trustworthiness in web-based tokenized ecosystems poses significant challenges, from verifying off-chain asset data to enforcing regulatory compliance. This paper proposes an AI-governed agent architecture that integrates intelligent agents with blockchain to achieve web-trustworthy tokenization of alternative assets. In the proposed architecture, autonomous agents orchestrate the tokenization process (asset verification, valuation, compliance checking, and lifecycle management), while an AI-driven governance layer monitors agent behavior and enforces trust through adaptive policies and cryptoeconomic incentives. We demonstrate that this approach enhances transparency, security, and compliance in asset tokenization, addressing key concerns around data authenticity and fraud. A case study on tokenizing real estate assets illustrates how the architecture mitigates risks (e.g., fraudulent listings and money laundering) through real-time AI anomaly detection and on-chain enforcement. Our evaluation and analysis suggest that combining AI governance with multi-agent systems and blockchain can significantly bolster trust in tokenized asset ecosystems. This work offers a novel framework for trustworthy asset tokenization on the web and provides insights for practitioners aiming to deploy secure, compliant tokenization platforms.

Wei Zhou, Ailiya Borjigin, Cong He

Modern digital ecosystems feature complex, dynamic interactions among autonomous entities across diverse domains. Traditional models often separate agents and objects, lacking a unified foundation to capture their interactive behaviors. This paper introduces the Behavioral Universe Network (BUN), a theoretical framework grounded in the Agent-Interaction-Behavior (AIB) formalism. BUN treats subjects (active agents), objects (resources), and behaviors (operations) as first-class entities, all governed by a shared Behavioral Information Base (BIB). We detail the AIB core concepts and demonstrate how BUN leverages information-driven triggers, semantic enrichment, and adaptive rules to coordinate multi-agent systems. We highlight key benefits: enhanced behavior analysis, strong adaptability, and cross-domain interoperability. We conclude by positioning BUN as a promising foundation for next-generation digital governance and intelligent applications.

Ailiya Borjigin, Cong He

We present a cross-market algorithmic trading system that balances execution quality with rigorous compliance enforcement. The architecture comprises a high-level planner, a reinforcement learning execution agent, and an independent compliance agent. We formulate trade execution as a constrained Markov decision process with hard constraints on participation limits, price bands, and self-trading avoidance. The execution agent is trained with proximal policy optimization, while a runtime action-shield projects any unsafe action into a feasible set. To support auditability without exposing proprietary signals, we add a zero-knowledge compliance audit layer that produces cryptographic proofs that all actions satisfied the constraints. We evaluate in a multi-venue, ABIDES-based simulator and compare against standard baselines (e.g., TWAP, VWAP). The learned policy reduces implementation shortfall and variance while exhibiting no observed constraint violations across stress scenarios including elevated latency, partial fills, compliance module toggling, and varying constraint limits. We report effects at the 95% confidence level using paired t-tests and examine tail risk via CVaR. We situate the work at the intersection of optimal execution, safe reinforcement learning, regulatory technology, and verifiable AI, and discuss ethical considerations, limitations (e.g., modeling assumptions and computational overhead), and paths to real-world deployment.

Ailiya Borjigin, Cong He, Charles CC Lee et al.

Decentralized trading of real-world alternative assets (e.g., gold) requires bridging physical asset custody with blockchain systems while meeting strict requirements for compliance, liquidity, and risk management. We present GoldMine OS, a research oriented architecture that employs multiple specialized AI agents to automate and secure the tokenization and exchange of physical gold into a blockchain based stablecoin ("OZ"). Our approach combines on chain smart contracts for critical risk controls with off chain AI agents for decision making, blending the transparency and reliability of blockchains with the flexibility of AI driven automation. We describe four cooperative agents (Compliance, Token Issuance, Market Making, and Risk Control) and a coordinating core, and evaluate the system through simulation and a controlled pilot deployment. In experiments the prototype delivers on demand token issuance in under 1.2 s, more than 100 times faster than manual workflows. The Market Making agent maintains tight liquidity with spreads often below 0.5 percent even under volatile conditions. Fault injection tests show resilience: an oracle price spoofing attack is detected and mitigated within 10 s, and a simulated vault mis reporting halts issuance immediately with minimal user impact. The architecture scales to 5000 transactions per second with 10000 concurrent users in benchmarks. These results indicate that an AI agent based decentralized exchange for alternative assets can satisfy rigorous performance and safety requirements. We discuss broader implications for democratizing access to traditionally illiquid assets and explain how our governance model -- multi signature agent updates and on chain community voting on risk parameters -- provides ongoing transparency, adaptability, and formal assurance of system integrity.