![]() In conjunction with the newest injection of funds, FET, Fetch.ai’s native token, will also be added to Fireblocks’ secure wallet and infrastructure platform for institutional investments. With a strong track record of both public and private partnerships including a decentralised, multi-agent-based system that is integrated with over 700,000 hotels, and the powering of a decentralised marketplace for the global manufacturer Festo, Fetch.ai has created a network driven by cutting edge technology. The platform is powered by its native token FET, which acts as the primary medium of exchange across the Fetch.ai ecosystem and a range of applications designed by the Fetch.ai team. Fetch agents exist in a massive decentralised world, representing machines or humans to talk to each other to exchange data or economic value. They do it by selling their proprietary technology to traditional brick-and-mortar companies that want to make operations smarter, such as supply chain and manufacturing or trading, but are stuck with legacy IT systems. Democratise AIįetch wants to “democratise” AI, to create a system that makes the world much smarter using an “agent-based” exchange system. The funding will be used for the research and development to develop the company’s existing and future applications, building a decentralised machine learning platform based on a distributed ledger that enables secure sharing, connection, and transactions based on any data globally. The Cambridge-based blockchain machine learning platform has now got $5 million (£3.6 million approx) funding from GDA Group, a Toronto-based digital asset firm. However, Humayun Sheikh, an early investor who helped the London-based DeepMind commercialise its AI technology owned by Google now, is brewing its rival in Cambridge, dubbed as Fetch.ai. This also allows the Fetch.ai network to serve as a layer-2 network for Ethereum and as an interchain bridge to the rest of the blockchain world.Blockchain data provided by: ATOMScan (total supply) (Description provided by CryptoCompare.DeepMind is popularly considered the most prominent AI company globally. The Fetch.ai network is an interchain protocol, based on the Cosmos-SDK, and uses a high-performance WASM-based smart contract language (Cosmwasm) to allow advanced cryptography and machine learning logic to be implemented on chain. This technology enables creation of personalised oracles that maintain user’s DeFi positions using decentralized and non-custodial protocols to increase the security and convenience of crypto asset management. These agent-based systems provide greater flexibility, speed and crypto-economic security than existing oracle networks and represent the future of decentralized finance. Autonomous Economic Agents, powered by artificial intelligence, can provide automation to decentralised finance that can serve the needs of a single user or aggregate millions of data points for on-chain oracles. 7 Blue-Chip Dividend Stocks That Won’t be Impacted by Rising Interest Ratesįetch.ai is delivering AI to the crypto economy.7 Mid-Cap Stocks That Can be the Perfect Fit at Any Time.7 Stocks to Buy to Outrun Rising Interest Rates.7 Sports Betting Stocks to Buy for Their Long-Term Possibilities.7 Water Stocks to Buy as the World Dries Up.7 Solar Stocks Leading the Clean Energy Boom.7 Railroad Stocks to Keep Your Portfolio Chugging Along.7 Agricultural Stocks to Buy to Keep Your Portfolio Well Fed.7 Streaming Stocks that Will Stand up to Streaming Fatigue.7 Cash Rich Stocks That Offer Safety in Any Market.7 Small-Cap Stocks That Could Rocket Higher in 2023.Kinder Morgan Results Benefit From Geopolitical Tailwinds.AT&T Jumps Higher Thursday After Better-Than-Expected Q3 Results.Tesla Stock Slides After Revenue Miss, Musk Maintains Optimism.Will Matador Share Price Get A Boost From Improved Credit Rating?.Freeport McMoran Shares Rally Despite Weakening Copper Prices.American Express Beats Earnings & Revenue Views, Raises Guidance.Snap Stock Falls As User Growth Slows To Single-Digits.Should Investors Raise a Glass to Boston Beer Company?.The Trader's Guide to Equities Research.
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