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Monday, November 29, 2021

Fetch.ai -A brief introduction


Our everyday lives are becoming increasingly complex, causing economic inefficiencies and unnecessary stress. Big tech has enabled great things but you are now the product rather than the customer. But it doesn’t have to be this way. At Fetch.ai we are building a decentralized machine learning platform based on a distributed ledger to enable a new digital economy.

The code is open source so any business can gain access to the power of AI to carry out complex tasks. This is made possible through the use of digital representatives which we call ‘Autonomous Economic Agents. These agents act on their own behalf to deliver economic value based on personal preferences.

They exchange data using smart contracts logged on a blockchain. Our world-class team has a wealth of expertise across many areas, allowing us to focus on real-world solutions. The mobility and transport sectors benefit from optimum route planning.

The healthcare industry improves from collaboration whilst maintaining privacy. Energy providers increase efficiency and users reduce their costs. And DeFi and FinTech benefit from increased liquidity and lower barriers to entry We are working with a number of research institutions and businesses to help us bring this to life.

The network is now live and software toolkits are available to enable everyone to deploy machine learning services. This may sound like fiction but it’s real. And it’s happening here and now. Your day-to-day life will never be the same again… it’ll be better! you.

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