Fetch.ai is an AI-powered blockchain project and was founded by Toby Simpson, Humayun Sheikh and Thomas Hain. The crypto asset on the Fetch.ai network is known as FET and is offered as an ERC-20 based smart contract on the Ethereum blockchain. This project is designed for the working principles of self-running autonomous software.
What is Fetch.ai (FET)? Fetch.ai (FET) is an artificial intelligence-focused blockchain project. It is a publicly accessible decentralized machine learning network that provides artificial intelligence-supported smart infrastructure to the decentralized digital economy. This project aims to improve machine learning by combining Internet of Things (IoT) technology and blockchain-based algorithms.
When Did Fetch.ai (FET) Appear? Fetch.ai was founded in 2017 by Toby Simpson, Humayun Sheikh and Thomas Hain, based in Cambridge, England.
How Does Fetch.ai (FET) Work? Fetch.ai is an artificial intelligence laboratory based in Cambridge and aims to enable the secure sharing, connection and transfer of data around the world using distributed ledger technology. The open-source Fetch.ai network is publicly available and provides access to artificial intelligence based on globally secure datasets to manage the complexity of economic transactions.
Networked artificial intelligence-based software takes action on behalf of its users. These autonomous software work to provide consumers and service providers with the best service across different ecosystems. There are many potential applications with the power of artificial intelligence, such as improving financial services, improving product shipping services and creating smart cities.
How to Store Fetch.ai (FET)? FET, the crypto asset on the Fetch.ai network, is offered as an ERC-20-based smart contract on the Ethereum blockchain. You can use desktop, mobile or hardware wallets to manage your FET balance. If you want to use the Fetch.ai DeFi Agents application, you can choose the browser-based Metamask wallet.