Fetch.ai is a decentralized machine learning (ML) platform founded in 2017 in Cambridge, UK and aims to democratize access to AI by providing a permissionless network where anyone can connect and access data using autonomous AI.
Specifically, Fetch.ai uses a combination of blockchain, AI, and machine learning to create a decentralized network where devices and algorithms can interact with each other securely and reliably.
How to use it?
It can be used in various fields, such as mobility to optimize the routes of autonomous vehicles or to manage fleets of shared vehicles, in the electricity grid to improve its efficiency and resilience (for example to optimize energy distribution or to manage resources distributed energy).
The potential of Fetch.ai is to revolutionize the way we interact with the world around us.
Although it is still a startup, it has already raised over $40 million in funding and has a large team of experienced engineers and researchers who collaborate with many companies and organizations.
With a capitalization of over 700 million dollars, it is in the top 100 and has already reached approximately +8585% from its historic low and as much as 660% in just one year.
The enormous potential, fields of use and investor interest are a clear sign that Fetch.ai has plenty of room for growth.
If you liked the article, subscribe and leave a like to not miss the next updates
Here below some links if you'd like to support me:
Nexo and Nexo Card (Join Nexo, Deposit 500$ and get up to $35 in Bitcoin. Earn up to 16% on your deposit and 6% promo cashback with Nexo Card)
https://nexo.com/ref/j6atsfddtw?src=android-link
Freecash (earn 20/100$ each month without cash investment)
Cointiply (earn 20/100$ each month without cash investment)
