Fetch.ai
FET

13.38
2.14 %
Change 24h
Genesis
February 25, 2019
Market Cap
₹ 9,249,285,577
Volume 24h
₹ 1,301,695,101
Circulating Supply
688117805
Total Supply
1,152,997,575
FET
Description
Fetch.ai is delivering AI to the crypto economy. Autonomous Economic Agents, powered by artificial intelligence, can provide automation to decentralised finance that can serve the needs of a single user or aggregate millions of data points for on-chain oracles. These agent-based systems provide greater flexibility, speed and crypto-economic security than existing oracle networks and represent the future of decentralized finance. This technology enables creation of personalised oracles that maintain user’s DeFi positions using decentralized and non-custodial protocols to increase the security and convenience of crypto asset management. The Fetch.ai network is an interchain protocol, based on the Cosmos-SDK, and uses a high-performance WASM-based smart contract language (Cosmwasm) to allow advanced cryptography and machine learning logic to be implemented on chain. This also allows the Fetch.ai network to serve as a layer-2 network for Ethereum and as an interchain bridge to the rest of the blockchain world.