Latest Fetch.ai updates on February 22nd

Fetch.ai, in collaboration with Bosch, is pleased to announce the formation of the Fetch.ai Foundation, a new foundation that will be offering up to $100 million in grants to drive Web3, AI, and IoT product development. To further this mission, Fetch.ai and Bosch will lead the Foundation’s management board and look to expand it with other industry partners. The Foundation is committed to helping industrial partners build next-generation AI applications to help unlock new V2X use cases, as well as helping to promote the development of the Internet of Things (IoT) and other related technologies. In addition, Fetch.ai has recently released wallet v0.7, which focuses on enhancing the user experience with features such as chat group management, the ability to create new communities, and more secure encryption of private keys. With this new update, Fetch.ai continues to show its commitment to providing users with the best possible experience.

What is Fetch.ai ?

Fetch.ai is a revolutionary project that seeks to power peer-to-peer applications with automation and AI capabilities, with or without direct access to a blockchain. It is a better Autonomous Ecosystem that is designed to provide modular and reusable code for P2P interactions, enabling a new layer of communication.

The project leverages blockchain network and smart contracts for economic settlement, and decentralized Machine Learning to provide innovative solutions for agents to act upon. It also makes use of a client library, indexer for fast querying and CLI tool for contract deployment and testing.

Fetch.ai is an interchain protocol based on the Cosmos-SDK and uses a high-performance WASM-based smart contract language (CosmWasm). This allows the Fetch.ai network to serve as a layer-1 network for Ethereum and as an interchain bridge to the rest of the blockchain world.

The Fetch.ai project is creating AI platforms and services that let anyone build and deploy AI services at scale, anytime and anywhere. It is a collective learning platform powered by Axim, Dabba, FlowCo, and Learn Company. It is also a technology which is backed by a roadmap and several publications.

The Fetch.ai project is backed by a vibrant community and the team behind it is available for any questions or help. You can follow them on Twitter, join their Discord, connect with them on Telegram, engage with their “Ask Me Anything” on Reddit, or just lurk and upvote your favorite posts.

Fetch.ai is a revolutionary project that is revolutionizing the way we interact with the world around us. With its innovative technology and vibrant community, it is well on its way to becoming one of the most important projects in the blockchain space.

This article was published on 2023-01-29 by Marc Endevor. Information shown in this article was gathered from the project’s website and Twitter account. Coinvestigate cannot guarantee the accuracy of this information, or any news that may have impacted the project in the meantime.