Source. Crypto info.com
What is Fetch.ai?
Fetch.ai was created in Cambridge, UK in March 2018 and its mission is to be at the bleeding edge of research and deployment of emerging technologies such as blockchain and AI by being a decentralized connectivity platform that enables devices to connect directly with digital agents delivering autonomous solutions to complex tasks.
Fetch.ai has created an Open Economic Framework (OEF) that serves as a decentralized search and a value exchange platform for various autonomous economic agents. This is supported by a smart ledger that supports over 30,000 transactions per second, which was built to meet the demands of the next generation of connected devices.
The Fetch.ai platform simplifies the deployment of algorithms, IoT and complex systems. By using a collective learning AI/ML architecture, Fetch.ai enables devices and software agents to find each other, learn from each other and exchange value with each other, enhancing and optimizing solutions to everyday problems through intelligent connectivity, machine learning and AI.