The era of big data has created new challenges for privacy. At Fetch.ai, we're addressing this by pioneering next-gen solutions that involve our AI agents. These agents can discover resources, transact autonomously, and execute business logic themselves. Today, we’re excited to announce that Fetch.ai agent technology has been implemented by Ocean Protocol to enable data privacy within the Ocean Marketplace.
Ocean Protocol have integrated intelligent agents to form a secure and privacy-preserving data exchange that can unlock the true value of AI. Ocean Marketplace is an automated market maker for data - it allows a decentralized market to price and clear a market of data without any centralized control. By allowing Fetch Agents to post data to Ocean Marketplace, recommendation engines can operate without violating privacy. Ocean's "Compute to Data" part ensures the computation results are shared, but the data itself remains secure.
AI Agents enable IoT devices like cars and weather stations to decide when and how to post data to the Ocean Marketplace. This provides the basis for autonomous adaptive machine learning without extensive data sets.
Connecting AI agents with Ocean Compute to Data workflows enables context-aware recommendations, without sacrificing user privacy. This negates the need for vast data lakes and associated privacy risks.
More recently Datarella has joined Fetch.ai and Ocean Protocol to build Agents that take private data, store it using decentralized storage, such as Storj, and spin up a data pool on the Ocean Market with the compute-to-data enabled. This innovative solution keeps user data under the sovereign control of the user.
Our collaboration with Ocean Protocol represents a breakthrough in automating private business intelligence. It allows a decentralized market to price and clear data without centralized control. This means that computations on your data will enable smart services that respect privacy by design.
The result is a world where you won't have to choose between amazing functionality and privacy. With the unique properties of Ocean Marketplace and Fetch.ai Agents, you can have both - and even be rewarded for your data.
Developers interested in this collaboration can explore the code open-sourced on GitHub. We're also planning future releases that will continue to innovate in the space of private business intelligence.
Join us in this revolutionary journey, where Fetch.ai's Agents are leading the charge in shaping a future that honors data privacy and innovation.
