{"id":196443,"date":"2025-07-17T06:56:00","date_gmt":"2025-07-17T05:56:00","guid":{"rendered":"https:\/\/datascientest.com\/en\/?p=196443"},"modified":"2025-07-14T17:57:02","modified_gmt":"2025-07-14T16:57:02","slug":"all-about-fetch-ai","status":"publish","type":"post","link":"https:\/\/datascientest.com\/en\/all-about-fetch-ai","title":{"rendered":"Fetch.ai: Operation, use cases, and future of the project"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"196443\" class=\"elementor elementor-196443\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-a97d043 e-flex e-con-boxed e-con\" data-id=\"a97d043\" data-element_type=\"container\" data-settings=\"{&quot;content_width&quot;:&quot;boxed&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-bc903d3 elementor-widget elementor-widget-text-editor\" data-id=\"bc903d3\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.15.0 - 02-08-2023 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p><b>Fetch.ai heralds an unprecedented economic revolution through a network of autonomous AI agents. Theoretically, its decentralized approach could optimize entire sectors. However, Fetch.ai has yet to demonstrate its concept successfully. Its vision of a vast ecosystem governed by artificial intelligence is sound and is likely to evolve sooner or later. The risk remains that tech giants like Google or Microsoft might pursue developing it themselves.<\/b><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5eb99e7 elementor-widget elementor-widget-text-editor\" data-id=\"5eb99e7\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">In 2018, in its White Paper, Fetch.ai declared: \u201cWe are not fixing the old economy, we are creating a new one.\u201d This was a particularly ambitious statement. Yet today, the question remains: where do we stand?<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-21c3d9b e-flex e-con-boxed e-con\" data-id=\"21c3d9b\" data-element_type=\"container\" data-settings=\"{&quot;content_width&quot;:&quot;boxed&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-6cb40b1 elementor-widget elementor-widget-heading\" data-id=\"6cb40b1\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.15.0 - 02-08-2023 *\/\n.elementor-heading-title{padding:0;margin:0;line-height:1}.elementor-widget-heading .elementor-heading-title[class*=elementor-size-]>a{color:inherit;font-size:inherit;line-height:inherit}.elementor-widget-heading .elementor-heading-title.elementor-size-small{font-size:15px}.elementor-widget-heading .elementor-heading-title.elementor-size-medium{font-size:19px}.elementor-widget-heading .elementor-heading-title.elementor-size-large{font-size:29px}.elementor-widget-heading .elementor-heading-title.elementor-size-xl{font-size:39px}.elementor-widget-heading .elementor-heading-title.elementor-size-xxl{font-size:59px}<\/style><h2 class=\"elementor-heading-title elementor-size-xl\">Smart Contracts and Artificial Intelligence<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b9c0de9 elementor-widget elementor-widget-text-editor\" data-id=\"b9c0de9\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">When this White Paper surfaced, the idea of smart contracts was starting to gain traction.<\/span><\/p><p><span style=\"font-weight: 400;\">Smart contracts transform blockchains into programmable platforms. They first appeared in 2014 with the introduction of <\/span><b>Ethereum<\/b><span style=\"font-weight: 400;\">. Others followed: Solana, BNB (Binance), Cardano\u2026 Smart contracts allow for the development of innovative applications based on cryptocurrencies: loans, insurance, metaverses, <\/span><a href=\"https:\/\/datascientest.com\/en\/nft-course-how-to-get-rich-by-creating-your-own-project\"><span style=\"font-weight: 400;\">NFTs<\/span><\/a><span style=\"font-weight: 400;\"> (protected artworks), etc.<\/span><\/p><p><span style=\"font-weight: 400;\">In practice, some smart contracts have shown vulnerabilities, proving quite costly for their investors. However, one of Fetch.ai&#8217;s ideas is to <\/span><b>replace smart contracts with applications<\/b><span style=\"font-weight: 400;\"> developed via artificial intelligence.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-bbba8ac elementor-align-center button-principal elementor-widget elementor-widget-button\" data-id=\"bbba8ac\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/datascientest.com\/en\/data-courses\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t<span class=\"elementor-button-text\">Learn more about Fetch.ai<\/span>\n\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-38f2c34 e-flex e-con-boxed e-con\" data-id=\"38f2c34\" data-element_type=\"container\" data-settings=\"{&quot;content_width&quot;:&quot;boxed&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-e8e879f elementor-widget elementor-widget-heading\" data-id=\"e8e879f\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-xl\">The Flaws of the Current Economy<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1f9570f elementor-widget elementor-widget-text-editor\" data-id=\"1f9570f\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">In its White Paper, Fetch.ai criticizes the current just-in-time economy, highlighting its structural limitations and vulnerability to disruptions.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ca28c5b elementor-widget elementor-widget-heading\" data-id=\"ca28c5b\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Centralized and Rigid Systems<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-123f8c7 elementor-widget elementor-widget-text-editor\" data-id=\"123f8c7\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">The just-in-time economy relies on centralized coordination and <\/span><a href=\"https:\/\/datascientest.com\/en\/all-about-sap-supply-chain\"><span style=\"font-weight: 400;\">supply chain optimization<\/span><\/a><span style=\"font-weight: 400;\">. This implies:<\/span><\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Resources are used very efficiently (minimal buffer stock).<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Any disruption can trigger a domino effect due to the system&#8217;s lack of flexibility.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The capacity to respond in real-time to changes is limited.<\/span><\/li><\/ul>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-253f072 elementor-widget elementor-widget-heading\" data-id=\"253f072\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">A Lack of Global Intelligence<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-160d0e5 elementor-widget elementor-widget-text-editor\" data-id=\"160d0e5\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Economic actors are not intelligently interconnected. Decisions are often based on pre-established forecasts rather than on <\/span><b>continuously updated information<\/b><span style=\"font-weight: 400;\">.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d84b150 elementor-widget elementor-widget-heading\" data-id=\"d84b150\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Lack of Optimization<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-401f84d elementor-widget elementor-widget-text-editor\" data-id=\"401f84d\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Many costs remain concealed within the system, creating situations of over-supply or under-supply, or needless transport (e.g., half-empty trucks).<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-658144f e-flex e-con-boxed e-con\" data-id=\"658144f\" data-element_type=\"container\" data-settings=\"{&quot;content_width&quot;:&quot;boxed&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-279c93c elementor-widget elementor-widget-heading\" data-id=\"279c93c\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-xl\">A New Economic Environment<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f893e6c elementor-widget elementor-widget-text-editor\" data-id=\"f893e6c\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">What is striking about Fetch.ai is the foresight presented in its White Paper. It was published in March 2018, when the concept of an <\/span><b>artificial intelligence based on a decentralized system<\/b><span style=\"font-weight: 400;\"> was far from mainstream.<\/span><\/p><p><span style=\"font-weight: 400;\">Yet, from inception, Fetch.ai sought to combine AI and blockchain to create an <\/span><b>autonomous ecosystem<\/b><span style=\"font-weight: 400;\"> capable of supplanting the current economy. The proposed solution? The development of a decentralized network of autonomous AI agents, capable of interacting with each other and the outside world.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2ba8446 elementor-widget elementor-widget-image\" data-id=\"2ba8446\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.15.0 - 02-08-2023 *\/\n.elementor-widget-image{text-align:center}.elementor-widget-image a{display:inline-block}.elementor-widget-image a img[src$=\".svg\"]{width:48px}.elementor-widget-image img{vertical-align:middle;display:inline-block}<\/style>\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"800\" height=\"500\" src=\"https:\/\/datascientest.com\/en\/files\/2025\/05\/Fetch.ai-datascientest-1.webp\" class=\"attachment-large size-large wp-image-196447\" alt=\"\" srcset=\"https:\/\/datascientest.com\/en\/files\/2025\/05\/Fetch.ai-datascientest-1.webp 1000w, https:\/\/datascientest.com\/en\/files\/2025\/05\/Fetch.ai-datascientest-1-300x188.webp 300w, https:\/\/datascientest.com\/en\/files\/2025\/05\/Fetch.ai-datascientest-1-768x480.webp 768w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ee0db9d elementor-align-center button-principal elementor-widget elementor-widget-button\" data-id=\"ee0db9d\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/datascientest.com\/en\/data-courses\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t<span class=\"elementor-button-text\">Training in blockchain<\/span>\n\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e7b31fb elementor-widget elementor-widget-text-editor\" data-id=\"e7b31fb\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Among the essential points covered in the White Paper are:<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8eaa2d9 elementor-widget elementor-widget-heading\" data-id=\"8eaa2d9\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Autonomous Economic Agents<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2eac54c elementor-widget elementor-widget-text-editor\" data-id=\"2eac54c\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">These are intelligent software entities capable of representing people, businesses, connected objects, or services. They can:<\/span><\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Make decisions.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Negotiate and collaborate with other agents.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">React in real-time to supply, demand, weather, traffic, etc.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Facilitate self-optimization of systems like logistics.<\/span><\/li><\/ul>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-fb8e32e elementor-widget elementor-widget-heading\" data-id=\"fb8e32e\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">FET Token<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3079fb3 elementor-widget elementor-widget-text-editor\" data-id=\"3079fb3\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">The <\/span><b>FET token<\/b><span style=\"font-weight: 400;\"> of Fetch.ai is utilized to:<\/span><\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Pay for transactions.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Access resources and services provided by agents.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Reward participants for their contributions to the ecosystem.<\/span><\/li><\/ul>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-194362d e-flex e-con-boxed e-con\" data-id=\"194362d\" data-element_type=\"container\" data-settings=\"{&quot;content_width&quot;:&quot;boxed&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-e8e5be8 elementor-widget elementor-widget-heading\" data-id=\"e8e5be8\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-xl\">Who is behind Fetch.ai?<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-309836d elementor-widget elementor-widget-text-editor\" data-id=\"309836d\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Fetch.ai was founded in 2018, based in Cambridge, UK. At the core of the project are three visionaries:<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-403dc48 elementor-widget elementor-widget-heading\" data-id=\"403dc48\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Humayun Sheikh \u2013 CEO<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5c28675 elementor-widget elementor-widget-text-editor\" data-id=\"5c28675\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">An entrepreneur and businessman, Humayun Sheikh combines a visionary outlook with a pragmatic approach. He was previously an investor in DeepMind, the AI startup acquired by Google.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9ac4fc4 elementor-widget elementor-widget-heading\" data-id=\"9ac4fc4\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Toby Simpson \u2013 COO<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a1624ed elementor-widget elementor-widget-text-editor\" data-id=\"a1624ed\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Toby Simpson gained fame in the late 90s as the producer of the video game series <\/span><b><i>Creatures<\/i><\/b><b>, a pioneer in artificial life<\/b><span style=\"font-weight: 400;\">. He later worked at DeepMind as head of software design.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1ec6cbc elementor-widget elementor-widget-heading\" data-id=\"1ec6cbc\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Professor Thomas Hain \u2013 Chief Scientist<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-fdb4c63 elementor-widget elementor-widget-text-editor\" data-id=\"fdb4c63\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">An expert in signal processing and machine learning, Hain is a professor at the University of Sheffield, located in the north of England. His research focuses on <\/span><a href=\"https:\/\/datascientest.com\/en\/all-about-voice-recognition\"><span style=\"font-weight: 400;\">voice recognition<\/span><\/a><span style=\"font-weight: 400;\"> and the optimization of complex systems.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c56d144 elementor-align-center button-principal elementor-widget elementor-widget-button\" data-id=\"c56d144\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/datascientest.com\/en\/data-courses\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t<span class=\"elementor-button-text\">All about Fetch.ai<\/span>\n\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-771c27b e-flex e-con-boxed e-con\" data-id=\"771c27b\" data-element_type=\"container\" data-settings=\"{&quot;content_width&quot;:&quot;boxed&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-a632306 elementor-widget elementor-widget-heading\" data-id=\"a632306\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-xl\">Use Cases for Fetch.ai<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b2b20ac elementor-widget elementor-widget-text-editor\" data-id=\"b2b20ac\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Fetch.ai aims to be at the <\/span><b>forefront of major revolutions<\/b><span style=\"font-weight: 400;\"> in the economic field. Here are some examples.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-157e680 elementor-widget elementor-widget-heading\" data-id=\"157e680\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Automation of Data Sales<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f53b58a elementor-widget elementor-widget-text-editor\" data-id=\"f53b58a\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">With autonomous economic agents, <\/span><b>the production or capture of data<\/b><span style=\"font-weight: 400;\"> can become economically viable. An <\/span><span style=\"font-weight: 400;\">AI agent<\/span><span style=\"font-weight: 400;\"> in a vehicle can sell real-time traffic data to other agents. Likewise, an <\/span><a href=\"https:\/\/datascientest.com\/en\/all-about-internet-of-things\"><span style=\"font-weight: 400;\">IoT sensor<\/span><\/a><span style=\"font-weight: 400;\"> can sell weather information to services where such data is crucial.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ae2ff49 elementor-widget elementor-widget-heading\" data-id=\"ae2ff49\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Transport Optimization<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1312c49 elementor-widget elementor-widget-text-editor\" data-id=\"1312c49\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Autonomous economic agents can coordinate transportation services to <\/span><b>enhance efficiency and reduce costs<\/b><span style=\"font-weight: 400;\">. An AI agent representing an autonomous vehicle might negotiate with other agents to optimize routes, avoid traffic jams\u2026 They can also assist in optimizing parking management.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-fcc1628 elementor-widget elementor-widget-heading\" data-id=\"fcc1628\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Smart Energy Management<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0e2845c elementor-widget elementor-widget-text-editor\" data-id=\"0e2845c\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><b>Autonomous economic agents<\/b><span style=\"font-weight: 400;\"> could balance energy supply and demand, aligning with a model defined as <\/span><b>the Internet of Energy<\/b><span style=\"font-weight: 400;\"> (a decentralized energy exchange network spanning across a continent like Europe) facilitating optimized distribution of surpluses. For instance, an AI agent representing a house with solar panels could sell excess energy to buildings with high demand at a given time.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-59c0c35 elementor-widget elementor-widget-image\" data-id=\"59c0c35\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1000\" height=\"625\" src=\"https:\/\/datascientest.com\/en\/files\/2025\/05\/Fetch.ai-datascientest-2.webp\" class=\"attachment-full size-full wp-image-196446\" alt=\"\" srcset=\"https:\/\/datascientest.com\/en\/files\/2025\/05\/Fetch.ai-datascientest-2.webp 1000w, https:\/\/datascientest.com\/en\/files\/2025\/05\/Fetch.ai-datascientest-2-300x188.webp 300w, https:\/\/datascientest.com\/en\/files\/2025\/05\/Fetch.ai-datascientest-2-768x480.webp 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9acee19 elementor-align-center button-principale elementor-widget elementor-widget-button\" data-id=\"9acee19\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm elementor-animation-grow\" href=\"https:\/\/datascientest.com\/en\/data-courses\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t<span class=\"elementor-button-text\">Learn how to use Fetch.ai<\/span>\n\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-77b5e84 e-flex e-con-boxed e-con\" data-id=\"77b5e84\" data-element_type=\"container\" data-settings=\"{&quot;content_width&quot;:&quot;boxed&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-d9f8a6f elementor-widget elementor-widget-heading\" data-id=\"d9f8a6f\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-xl\">Who Has Adopted Fetch.ai?<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4a43f7c elementor-widget elementor-widget-text-editor\" data-id=\"4a43f7c\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Fetch.ai has received considerable praise for its bold vision. However, the company has struggled to validate its concept. The challenges arose from both the technical complexities of deploying autonomous agents and the hesitance of industrial players to adopt <\/span><b>decentralized solutions<\/b><span style=\"font-weight: 400;\"> that are still largely untested.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-38bbc95 elementor-widget elementor-widget-heading\" data-id=\"38bbc95\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Bosch<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-77a6fa0 elementor-widget elementor-widget-text-editor\" data-id=\"77a6fa0\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">The most notable partnership for Fetch.ai thus far has been with Bosch. The German multinational has primarily engaged in various <\/span><b>R&amp;D experiments through the Fetch.ai Foundation<\/b><span style=\"font-weight: 400;\">.<\/span><\/p><p><span style=\"font-weight: 400;\">Together, the two companies have developed multiple solutions.<\/span><\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Vehicles capable of automatically negotiating charging stations.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Integration of autonomous agents in connected factories to optimize manufacturing processes and predictive maintenance.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Creation of an ecosystem where IoT devices become economic actors.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Applications such as smart parking.<\/span><\/li><\/ul>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-56f2543 elementor-widget elementor-widget-text-editor\" data-id=\"56f2543\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">The only drawback: these experiments have yet to result in large-scale deployments.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7c7a68b elementor-widget elementor-widget-heading\" data-id=\"7c7a68b\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Deutsche Telekom \u2013 AI Telecommunications Infrastructure<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-792c86a elementor-widget elementor-widget-text-editor\" data-id=\"792c86a\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Deutsche Telekom has collaborated with Fetch.ai to explore <\/span><b>the integration of AI and blockchain into telecom infrastructures<\/b><span style=\"font-weight: 400;\">. However, this partnership remains limited to R&amp;D.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9a88ef3 elementor-widget elementor-widget-heading\" data-id=\"9a88ef3\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Alibaba Cloud<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-dc32327 elementor-widget elementor-widget-text-editor\" data-id=\"dc32327\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">In November 2024, Fetch.ai was incorporated into the Chinese solution Alibaba Cloud to <\/span><b>enhance security, resilience, and performance<\/b><span style=\"font-weight: 400;\">.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ea31db5 elementor-align-center button-principale elementor-widget elementor-widget-button\" data-id=\"ea31db5\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm elementor-animation-grow\" href=\"https:\/\/datascientest.com\/en\/data-courses\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t<span class=\"elementor-button-text\">Learn how to deploy Fetch.ai<\/span>\n\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9498814 elementor-widget elementor-widget-heading\" data-id=\"9498814\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Instituts Indiens de Technologie (IITs)<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7f61780 elementor-widget elementor-widget-text-editor\" data-id=\"7f61780\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">In April 2025, Fetch.ai launched <\/span><b>innovation labs<\/b><span style=\"font-weight: 400;\"> in partnership with three IITs: Madras, Kanpur, and Mandi.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-952824f elementor-widget elementor-widget-heading\" data-id=\"952824f\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Imperial College London<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3cc9a7a elementor-widget elementor-widget-text-editor\" data-id=\"3cc9a7a\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">In October 2024, Fetch.ai inaugurated an innovation lab as part of the I-X initiative at Imperial College London. This lab supports startups with a $10 million fund.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ee89ee8 elementor-widget elementor-widget-heading\" data-id=\"ee89ee8\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Zus Network \u2013 Secure Decentralized Storage<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-935e248 elementor-widget elementor-widget-text-editor\" data-id=\"935e248\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">In January 2025, Fetch.ai established a partnership with Zus Network, an American subscription streaming service, to deliver <\/span><b>secure and decentralized storage solutions<\/b><span style=\"font-weight: 400;\">.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-0089662 e-flex e-con-boxed e-con\" data-id=\"0089662\" data-element_type=\"container\" data-settings=\"{&quot;content_width&quot;:&quot;boxed&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-4ef4a7b elementor-widget elementor-widget-heading\" data-id=\"4ef4a7b\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-xl\">What Future for Fetch.ai?<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0d9e008 elementor-widget elementor-widget-text-editor\" data-id=\"0d9e008\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">In 2024, Fetch.ai faced financial difficulties, leading to administration. Its token FET suffered from the overall decline in cryptocurrency values \u2014 as reported by a site like CoinGecko: <\/span><b>Ethereum<\/b><span style=\"font-weight: 400;\"> experienced a decline of nearly 50% over a year, and Bitcoin, 17%. However, the decline of the FET was more pronounced: \u2013 75%. Ultimately, Fetch.ai was acquired by Assembl.ai. The new entity is led by Humayun Sheikh and has relocated its operations to Dubai.<\/span><\/p><p><span style=\"font-weight: 400;\">If there is a glimmer of hope, it emerges from the merger of Fetch.ai with SingularityNet and Ocean Protocol under the <\/span><a href=\"https:\/\/superintelligence.io\/\"><span style=\"font-weight: 400;\">Artificial Superintelligence Alliance (ASI)<\/span><\/a><span style=\"font-weight: 400;\">. By amalgamating the resources and expertise of these three entities, the ASI seeks to create a <\/span><b>large-scale decentralized AI network<\/b><span style=\"font-weight: 400;\">, with the FET token serving as the unit of exchange.<\/span><\/p><p><span style=\"font-weight: 400;\">What can ultimately be said? The Fetch.ai platform embodies a robust idea \u2014 an <\/span><b>economy self-regulated by autonomous agents<\/b><span style=\"font-weight: 400;\"> \u2014 yet it has not succeeded in translating this concept into large-scale, tangible services and values. Fetch.ai must thus validate its model in production, and enlist an ecosystem of developers and partners around its framework.<\/span><\/p><p><span style=\"font-weight: 400;\">In the end, the greatest threat to Fetch.ai might be witnessing larger corporations, particularly Google, OpenAI, or <\/span><span style=\"font-weight: 400;\">Microsoft<\/span><span style=\"font-weight: 400;\">, incorporate these concepts into their own solutions\u2026<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0b3e8a9 elementor-widget elementor-widget-image\" data-id=\"0b3e8a9\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1000\" height=\"622\" src=\"https:\/\/datascientest.com\/en\/files\/2025\/05\/Fetch.ai-datascientest-3.webp\" class=\"attachment-full size-full wp-image-196445\" alt=\"\" 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class=\"elementor-button-text\">Discover our AI training courses<\/span>\n\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-b41f5b7 e-flex e-con-boxed e-con\" data-id=\"b41f5b7\" data-element_type=\"container\" data-settings=\"{&quot;content_width&quot;:&quot;boxed&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-9569103 elementor-widget elementor-widget-html\" data-id=\"9569103\" data-element_type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<script type=\"application\/ld+json\">\r\n{\r\n  \"@context\": \"https:\/\/schema.org\",\r\n  \"@type\": \"FAQPage\",\r\n  \"mainEntity\": [\r\n    {\r\n      \"@type\": \"Question\",\r\n      \"name\": \"Smart Contracts and Artificial Intelligence\",\r\n      \"acceptedAnswer\": {\r\n        \"@type\": \"Answer\",\r\n        \"text\": \"Fetch.ai aims to replace smart contracts with applications developed via artificial intelligence to create more adaptive and intelligent systems.\"\r\n      }\r\n    },\r\n    {\r\n      \"@type\": \"Question\",\r\n      \"name\": \"The Flaws of the Current Economy\",\r\n      \"acceptedAnswer\": {\r\n        \"@type\": \"Answer\",\r\n        \"text\": \"Fetch.ai critiques the centralized just-in-time economy for its rigidity, lack of real-time intelligence, and hidden inefficiencies like unnecessary transport.\"\r\n      }\r\n    },\r\n    {\r\n      \"@type\": \"Question\",\r\n      \"name\": \"A New Economic Environment\",\r\n      \"acceptedAnswer\": {\r\n        \"@type\": \"Answer\",\r\n        \"text\": \"Fetch.ai proposes a decentralized network of autonomous AI agents capable of interacting and optimizing systems like logistics and supply chains.\"\r\n      }\r\n    },\r\n    {\r\n      \"@type\": \"Question\",\r\n      \"name\": \"Who is behind Fetch.ai?\",\r\n      \"acceptedAnswer\": {\r\n        \"@type\": \"Answer\",\r\n        \"text\": \"Fetch.ai was founded in 2018 by Humayun Sheikh, Toby Simpson, and Professor Thomas Hain, bringing expertise from AI, gaming, and machine learning.\"\r\n      }\r\n    },\r\n    {\r\n      \"@type\": \"Question\",\r\n      \"name\": \"Use Cases for Fetch.ai\",\r\n      \"acceptedAnswer\": {\r\n        \"@type\": \"Answer\",\r\n        \"text\": \"Fetch.ai enables automated data sales, transport optimization, and smart energy management using autonomous economic agents.\"\r\n      }\r\n    },\r\n    {\r\n      \"@type\": \"Question\",\r\n      \"name\": \"Who Has Adopted Fetch.ai?\",\r\n      \"acceptedAnswer\": {\r\n        \"@type\": \"Answer\",\r\n        \"text\": \"Partners include Bosch, Deutsche Telekom, Alibaba Cloud, IITs in India, Imperial College London, and Zus Network, mostly for R&D initiatives.\"\r\n      }\r\n    },\r\n    {\r\n      \"@type\": \"Question\",\r\n      \"name\": \"What Future for Fetch.ai?\",\r\n      \"acceptedAnswer\": {\r\n        \"@type\": \"Answer\",\r\n        \"text\": \"After financial struggles and acquisition by Assembl.ai, Fetch.ai joined the Artificial Superintelligence Alliance to pursue decentralized AI development.\"\r\n      }\r\n    }\r\n  ]\r\n}\r\n<\/script>\r\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Fetch.ai heralds an unprecedented economic revolution through a network of autonomous AI agents. Theoretically, its decentralized approach could optimize entire sectors. However, Fetch.ai has yet to demonstrate its concept successfully. Its vision of a vast ecosystem governed by artificial intelligence is sound and is likely to evolve sooner or later. The risk remains that tech [&hellip;]<\/p>\n","protected":false},"author":45,"featured_media":196444,"comment_status":"open","ping_status":"open","sticky":false,"template":"elementor_theme","format":"standard","meta":{"content-type":"","inline_featured_image":false},"categories":[2427],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.7 (Yoast SEO v21.7) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Fetch.ai: Operation, use cases, and future of the project<\/title>\n<meta name=\"description\" content=\"Discover Fetch.ai, an innovative project at the intersection of artificial intelligence and blockchain. Learn about its functionality, use cases, and implications in a simple way.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/datascientest.com\/en\/all-about-fetch-ai\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Fetch.ai: Operation, use cases, and future of the project\" \/>\n<meta property=\"og:description\" content=\"Fetch.ai heralds an unprecedented economic revolution through a network of autonomous AI agents. 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