by Fetch.ai Foundation
Quick Fact
Fetch.ai leverages autonomous AI agents and blockchain technology to create a decentralized digital economy, facilitating tasks like data sharing, service discovery, and complex coordination without centralized control.
Fetch.ai is an open-source platform that merges artificial intelligence with blockchain technology to enable the creation of autonomous agents capable of performing real-world tasks. Built on the Cosmos-SDK, Fetch.ai's infrastructure supports a decentralized digital economy where agents can discover, communicate, and transact with each other efficiently.
At the core of Fetch.ai are Autonomous Economic Agents (AEAs) that utilize machine learning to make decisions, negotiate, and execute transactions. These agents can represent individuals, organizations, or devices, facilitating a wide range of applications from supply chain optimization to energy grid management.
Fetch.ai's blockchain is designed for interoperability, supporting integration with networks like Ethereum and Binance Smart Chain. Its use of the Tendermint Proof-of-Stake consensus mechanism ensures scalability and security, enabling high-throughput transactions essential for agent communication and coordination.