Fetch Network: A Decentralized Network for Autonomous AI Agents
What is Fetch AI
Fetch.ai is a decentralized platform leveraging artificial intelligence (AI) and blockchain technology to build a smarter digital economy. It enables the development of autonomous economic agents (AEAs). AEAs are AI-powered agents that optimize decision-making and seamlessly share data across sectors, reducing the need for human intervention. Fetch.ai provides the infrastructure for transactions, governance, and AEA creation, aiming to revolutionize industries like DeFi, supply chain management, and energy optimization through AI-driven automation and decentralization.
Fetch AI is made possible by the Fetch Network. This decentralized network provides the foundational infrastructure and tools necessary for Fetch.ai to operate. In the following section, we will explore the Fetch Network and examine how it supports the capabilities of Fetch.ai.
What is Fetch Network?
Fetch Network is the decentralized blockchain infrastructure that powers the Fetch.ai ecosystem, enabling the creation of a smart digital economy through secure, autonomous operations. The Fetch Network's decentralized architecture allows for secure and transparent data exchange between people, devices, services, and projects.
Unlike traditional blockchain networks, Fetch Network is specifically designed to support the complex interactions of AI-driven agents. It offers a unique environment for the development and deployment of decentralized applications (dApps) that leverage AI and machine learning, empowering various industries with advanced automation capabilities.
At the core of the Fetch Network are the tools and framework for creating and deploying Autonomous Economic Agents (AEAs). It provides the necessary infrastructure for these agents to interact, transact, and learn from data, continuously improving their efficiency. By deploying AEAs on the Fetch Network, businesses can automate complex tasks. For example, AEAs can autonomously negotiate contracts with suppliers based on real-time data, optimizing pricing and delivery schedules.
Fetch Network also supports decentralized finance (DeFi) applications, including automated trading strategies integrated with decentralized exchanges, enabling users to optimize their trading activities. By providing the underlying blockchain framework and specialized tools for AI-driven automation, Fetch Network enables the vision of a smarter, more efficient future across multiple industries.
Fetch AI Native Token, FET
Fetch Network is powered by its native token, FET. FET is used for transactions, powering smart contracts, and the creation, deployment and management of AEAs. The token also plays a crucial role in network governance, staking, and ensuring the security and functionality of the platform. It also powers smart contracts, data sharing, and interactions with oracles, enabling seamless operations for various decentralized applications.
CoinEx Wallet now supports the Fetch Network, enabling users to transfer, exchange, and stake their tokens easily. The CoinEx Wallet app allows you to manage your FET (FetchAl) conveniently. Download it now and explore: https://wallet.coinex.com/download.
Fetch AI website:https://fetch.ai/
Market cap ranking: https://coinmarketcap.com/currencies/artificial-superintelligence-alliance/