Fetch.ai (FET) is a blockchain project that combines artificial intelligence (AI), machine learning, and multi-agent system technology within a blockchain ecosystem. The project aims to create an autonomous network where agents (digital representatives) can perform transactions, negotiations, and decision-making without direct human intervention.
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🔍 Fundamental FET
1. Project Goals
Fetch.ai aims to build a decentralized infrastructure for autonomous economic agents (AEA)—namely software entities that can learn, interact, and negotiate contracts within the network without third-party intervention.
2. Core Technology
Autonomous Agents: Bots or software that can interact directly within the network, for instance, to schedule electric vehicles, trade IoT data, or optimize supply chains.
AI & Machine Learning: For automated and adaptive decision-making.
Open Economic Framework (OEF): A data layer to efficiently connect supply and demand between agents.
Smart Ledger: A scalable and fast blockchain used to record interactions between agents.
3. Use Cases
Smart City: AI-based traffic management.
Transportation: Coordination of autonomous vehicles.
Supply Chain: Automation of logistics and product tracking.
Energy Grid: Decentralized energy distribution.
Finance: Automated arbitrage and asset exchange.
4. Partnership & Ecosystem
Collaborating with Bosch, Datarella, and Ocean Protocol.
Often participating in AI/IoT experiments and research in Europe.
Part of the rising AI x Blockchain movement.
