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Fetch.Al is a company dealing with artificial intelligence and digital economics, based in Cambridge, Great Britain.
Fetch.AI it also token released on the platform Ethereum.
Fetch.AI can be presented as a decentralized digital project that works based on technology blockchain i artificial intelligence.
Report Hype Cycle for Blockchain Business from 2019 of the year states that the main goal of the token is to release new value by increasing the autonomy of so-called Agents of the ecosystem, i.e. people, machines and organizations, thus supporting the programmable economy.
Fetch.AI uses independent Program Agents.
Autonomous agents are digital entities here and can carry out transactions independently of human intervention, they can also represent themselves, devices, services or appropriate persons. Agents can work alone or jointly create solutions for complex problems.
Also check: Matrix AI Network - Blockchain 3.0
The digital world in which Agents live is Open Economic Framework (OEF).
The exchange of values takes place here and each Agent sees the space optimized in real time for these values.
Important things are clear and perfectly visible here, but less important are removed.
OEF provides agents with the resources and means they need to present the world around them.
The foundation of the digital world is smart book. This is a new generation of learning ways that it provides collective superintelligence, later used to support the individual intelligence of individual Agents.
It provides everyone with appropriate market knowledge, thanks to which every Agent has the opportunity to use it in the most optimal way to the goal.
Fetch.AI intelligence supports millions of transactions per second.
Fetch.AI is considered an example Multistack Innovator in the report Gartner Seize the Technology Advantage With Combinatorial Digital Innovation, published on 23 August 2019
It has been found that digitization enables the emergence of new technologies.
IT directors and digital technology leaders should use combinatorial digital innovations to gain an advantage in the market for modern technologies.
As more and more enterprises are taking advantage of the opportunities offered by blockchain technology, it can be expected that it will soon be implemented in many sectors and sectors of the economy and industry.
Fetch.AI believes that the convergence of blockchain, AI and multi-agent systems is one of the main areas of operation of modern technologies in the near future.
By enabling the use of modern technology, Fetch.AI allows companies to unleash their full technological potential.
