Introduction to Fetch.ai
Fetch.ai (FET) is an open-access, decentralized machine learning blockchain network founded with the aim of stimulating the development and growth of the digital economy without human intervention. The network connects devices and services to the Internet of Things (IoT) and facilitates the involvement of other agents, such as humans. Fetch.ai creates tools and infrastructure to support the development of a decentralized digital economy based on artificial intelligence.
How Fetch.ai Works
The Fetch.ai model consists of three components:
- Autonomous Economic Agents (AEA): AEAs are fully capable digital citizens acting on behalf of individuals, devices, and organizations. They connect to the Fetch ecosystem through hardware systems or data sources and extract value through data discovery and predictive functionality.
- Open Economic Framework (OEF): OEFs support AEAs by creating an adaptive simulator environment that maximizes interaction and connectivity capacity based on transaction and search data.
- Ledger Technology: