Fetch.ai, a leading blockchain-based artificial intelligence (AI) platform, has announced its listing on Indodax, one of the largest cryptocurrency exchanges in Southeast Asia. Starting from January 4th, Fetch.ai’s utility token, FET, will be available for trading on the exchange, allowing users to access its innovative features and services.
FET serves as the foundation for Fetch.ai’s ecosystem, enabling users to discover, create, deploy, and train digital twins. These digital twins play a crucial role in the platform’s smart contracts and oracles. With FET, users have the ability to build and deploy their own digital twins on the network, while developers can access machine-learning utilities to train autonomous digital twins and deploy collective intelligence.
Furthermore, validation nodes on the Fetch.ai network can stake FET tokens to facilitate network validation, enhancing their reputation in the process. This feature ensures the credibility and reliability of the network, offering a secure and efficient environment.
Fetch.ai’s technological architecture consists of four key elements. The Digital Twin Framework provides modular components for constructing marketplaces, skills, and intelligence for digital twins. The Open Economic Framework offers search and discovery capabilities, enabling efficient interactions with digital twins. The Digital Twin Metropolis maintains an immutable record of agreements between digital twins using smart contracts on a WebAssembly (WASM) virtual machine. Lastly, the Fetch.ai Blockchain utilizes multi-party cryptography and game theory to ensure secure, censorship-resistant consensus and rapid chain-syncing to support digital twin applications.
One of the notable components of the Fetch.ai platform is the learner, where each participant brings their unique private dataset and machine learning system. Through a collective learning experiment, a global market emerges with a machine learning model trained by the learners collectively. This approach fosters collaboration and innovation while maintaining privacy and data ownership.
The Fetch.ai Blockchain also supports secure and auditable coordination and governance through smart contracts. This feature ensures that transactions and interactions on the platform are transparent, accountable, and reliable. Additionally, a decentralized data layer based on IPFS facilitates the sharing of machine learning weights among all learners involved, further enhancing the collaboration and learning process.
The listing of Fetch.ai on Indodax opens up new opportunities for users and investors interested in harnessing the power of AI and blockchain technology. It allows a broader audience to access and explore the platform’s capabilities while benefiting from the liquidity and convenience offered by Indodax.
As the world continues to embrace the potential of AI and blockchain, Fetch.ai’s listing on Indodax represents a significant milestone for the platform. It cements their position as a leading player in this rapidly evolving landscape, providing users with cutting-edge solutions and unlocking new possibilities across various industries.
With its innovative features, robust technological architecture, and strategic partnerships, Fetch.ai is poised to make a lasting impact on the future of AI and blockchain integration. The listing on Indodax marks another step forward in their mission to revolutionize the way we discover, create, and interact with digital twins and AI-driven solutions.
