Fetch Network provides all the necessary tooling for builders to develop, deploy and monetize their applications and platforms.
Build a New Autonomous World
As an autonomous machine-to-machine ecosystem, Fetch.ai’s agents work as a network of independent parties and interact with each other directly via the blockchain network.
To perform their tasks, they connect and negotiate with one another. The process of autonomous economic agents finding, negotiating, and interacting with one another is all automated, and requires no user input. This further removes the reliance on intermediaries — thereby reducing costs.
Any resulting agreements between agents are then recorded on the Fetch.ai blockchain using FET. FET is the native token of the Fetch AI blockchain, is the main medium of exchange to pay for transactions, and can be used to pay agents for providing services.
We solve the problem of traditional federated learning: How to incentivise others to contribute to your model. We break down silos within your organization by creating new revenue streams for your vendors, customers, partner divisions, and partner organizations. Our reward system pays your stakeholders to contribute to your models to help you improve your products and operations.
Today, the protocol is already being implemented on DeFi, Mobility,
Supply Chain, and Travel Management solutions.