Fetch.ai x 0chain Partnership Announcement
Dec 21, 2020
Fetch.ai is pleased to announce a partnership with 0Chain (a decentralized blockchain-based storage platform with built-in privacy and security compliance), thereby enabling Fetch.ai to scale its autonomous agent functionalities via 0chain’s proprietary data storage solutions.0Chain provides a combination of blockchain-as-a-service and decentralized cloud storage to organizations wishing to adopt blockchain solutions. Completely customizable to the requirements of different organizations, 0Chain’s solution will provide decentralized data storage to Fetch.ai’s autonomous agents and enable developers to create dApps designed to serve Fetch.ai’s agent framework across a range of platforms.
“Secure, privacy-focused decentralised storage is a vital part of any of the decentralised applications built using autonomous economic agents”, commented Toby Simpson, co-founder of Fetch.ai. “Being able to connect agents working in mobility, supply chains, health-care and more directly and so easily to 0Chain’s storage solution is a fantastic step forward.”
“GDPR privacy compliance issues such as Joint Controller is a major problem for AI companies providing a service to bigger companies, because any breach becomes an existential threat as they are equally liable regardless of where the breach occurred”, noted Saswata Basu, founder of 0Chain. “By using 0Chain’s highly secure blockchain based storage platform, which has a single repository of data with immutable ledger entries, AI companies on Fetch.ai can substantially lower this risk, and enjoy a high performance storage service”.