Fetch.AI co-founder and CTO Toby Simpson gives an update on all of our latest news including the summer bounty program (https://community.fetch.ai/bounties/) and our Synergetic Contract Hackathon (https://hackathon.fetch.ai/synergetic-contract-hackathon-0x03/).
During the AMA Toby also answered a range of questions including:
*What does Universal Integration Protocol really mean?
*What is the biggest change Fetch.AI will make to our lives?
*What was the inspiration behind My Easy Charge?
*Can Fetch.AI autonomous agents be used for trading?
Fetch.AI 101 Playlist: https://www.youtube.com/watch?v=s34H-yujHIg&list=PL09jEkqdEp97RfY0pOZqIBY6y27ybK-aX
Fetch.AI is a decentralised digital world in which useful economic activity can take place.
This activity is performed by digital entities that we call Autonomous Economic Agents (AEAs). AEAs can work alone, together, serially or in parallel, and they can represent humans, services, themselves, data and more.
AEAs connect to the world through our Open Economic Framework (OEF) which acts as an agent’s senses. The OEF presents a highly tailored world to each individual agent, one that is adapted specifically for it.
Underpinning this is the Fetch Smart Ledger which provides the network’s integrity and delivers consensus through useful proof of work. Fetch are developing the OEF and Smart Ledger to enable everyone to develop agents.
We like to think of Fetch as the ultimate dating system for value providers and those that want that value: connect, and the smart ledger through the OEF will ensure that what you see is precisely what you need to see in order to do business.
Fetch.AI is a world-changing project, a “decentralised digital world” where autonomous software agents act on the behalf of their owners, or themselves, to get useful economic work done.
We are a dynamic, fast-growing international team of experts and forward-thinking technology enthusiasts working on the convergence of blockchain, AI and multi-agent systems. We are building technology for both today and tomorrow – a collective super-intelligence on top of decentralized economic internet built with a highly scalable next-generation distributed ledger technology (DLT). Combined with machine learning, this delivers the predictions and infrastructure to power the future economy.
Developing fascinating and promising new technology, we have a team of top class software engineers and researchers working across multiple fields (multi agent systems, machine learning, economics, cryptography).
We believe our technology will improve how we communicate, it will give voice and new opportunities to people, organizations and the Internet of Things, effectively democratising the space and improving lives of citizens.
Fetch.AI is currently deployed as a proof of stake (PoS) dApp (decentralized application) on the Ethereum (ETH) blockchain (as opposed to, for example, Bitcoin (BTC) which operates on a proof of work or pow basis). Fetch.AI’s tokens (FET) trade on Binance amongst other leading exchanges.