Use cases

Our technology has the potential to revolutionize a multitude of industries, improving efficiency through optimization of existing systems.

Enhancing and optimizing solutions to everyday problems through intelligent data sharing, machine learning and AI.

We have built our own blockchain from the bottom up, as existing solutions cannot handle the scale and stability required for mainstream adoption.

Commodity exchange & decentralized finance

The decentralized exchange is an innovative platform that will allow increased liquidity in trading of steel, base metals and other commodities.

Fetch.ai is helping the market participants overcome existing barriers to entry through technology. It will enable and simplify digitalized trading of these materials through the use of tokens, allowing market players to gain access to exciting new risk management tools, while maintaining market efficiency and security.

The decentralized platform will unlock new funding models for the supply chain participants by allowing them to use their materials as a collateral for tokens, which will enable full realization of the value of the underlying commodity they are holding.

It will also allow spread hedging between raw materials and finished products in a simplified fashion which will help market players to better hedge the portion of the supply chain which is more relevant to them.

Smart parking & congestion solution

In a smart city, rather than driving into a parking lot hoping to find a space, an autonomous agent within your car will search and communicate with parking agents to find the nearest available space to your destination, book it for you before directing you to it. When you come back to your car and drive off, your car agent checks out of the parking lot, calculates the payment and makes it for you, removing the hassle of parking tickets.
This simple act of finding you a parking space not only ensures you make your appointment on time, it also will transform congestion within cities. In 2018 in the US, $87 billion was lost to the economy due to traffic jams with 30% of cars in the most congested cities looking for parking spaces.

Smart eMobility & Electric Vehicle Infrastructure

The next generation of cars are going to be electric. In order to have sufficient supply to meet this surge in demand for electricity, there will need to be huge changes to the existing infrastructure.
Fetch.ai’s intelligent ecosystem will allow the agent within your car can seek out the nearest charging station, book your space and direct you there, saving the hassle of having to wait your turn at a filling station.
As the switch to electric vehicles (EVs) gains pace, more and more users will be seeking out places to recharge and the smart optimization technology will ensure that increased demand is met by the nearest available supply.
In addition, the ecosystem will allow you to choose not only an available charging point but direct you to one that has say a coffee shop or a playground nearby, making your stop more enjoyable and productive while you top up your car.

Energy

The way we consume energy today is suboptimal. We have very static pricing which doesn’t reflect reality at all. Consumers have dozens of electronic devices in their home, but no way to optimize and manage their usage and pricing.

And it’s not just a consumer problem, energy companies have networks of massive peaks and troughs which if flattened would benefit them immensely.

Fetch.ai enables connectivity of all these devices through the use of digital representatives called Autonomous Economic Agents. Energy companies could offer discount incentives for energy consumed in troughs, creating a new dynamic marketplace. Whilst the consumer will automatically receive the best deal for them as their agents manage their consumption based on their own preferences.

Transport & mobility

Today’s transport systems are largely self-service where individuals have to do a lot of work just to get from A to B. Whilst we all have an expanding selection of tools in our pockets, they are requiring more and more of our time to use them.

In the Fetch.ai world, Autonomous Economic Agents do the work on your behalf, operating on your preferences and learning as they go, adjusting in real-time to any unforeseen consequences.

An openly accessible, real-time infrastructure for sharing insights about the state of the transportation would create wealth, increase productivity and drive economic growth by allowing the sale and use of knowledge about the demand for, and supply of, mobility.

Other industries

● Smart Cities
● Smart Homes
● Intelligent Autonomous Supply Chains