AI and Machine Learning Network Fetch.ai Integrates Chainlink (LINK) Decentralized Oracles on its Mainnet

AI and machine learning community Fetch.ai has built-in Chainlink (LINK) Oracles. The integration is now reside on mainnet. It connects real-world asset value knowledge to autonomous software program, based on a weblog put up printed by Fetch.ai on October 8, 2020.

Fetch.ai is a Cambridge-headquartered synthetic intelligence (AI) lab that’s targeted on growing an open-source or open-access “decentralized” machine studying (ML) community for deploying “smart” infrastructure. The Fetch.ai workforce shall be utilizing Chainlink’s Price Reference Data to permit merchants and different platform customers to verify and confirm the worth of property on-chain whereas bettering safety measures towards “price manipulation.”

As noted within the announcement, Fetch.ai has developed a “decentralized” community to implement the infrastructure wanted for AI-enhanced autonomous software program brokers to hold out “useful economic work” on behalf of people, companies, firms, and different entities or organizations. Fetch.ai’s agent-based system helps with establishing an surroundings the place digital or digital representatives of the financial system’s “moving parts,” like knowledge, {hardware}, companies, folks, and infrastructure, can carry out “complex coordination tasks within the modern economy.”

The launch additional defined that this value reference knowledge integration “marks the first step in Fetch.ai’s adoption of Chainlink’s decentralized oracle network to connect Fetch.ai with valuable access to real-world economic, currency, and commodity price data.” The announcement additionally talked about that the Chainlink integration ought to improve the continuing growth and deployment of real-world apps inside mobility, finance, logistics, and IoT ecosystems which depend upon a “decentralized” oracle community to “connect the physical world with the digital world.”

Humayun Sheikh, CEO at Fetch.ai., acknowledged:

“By integrating Chainlink into the Fetch.ai network, we are taking the necessary steps needed to further couple real-world data with autonomous software. This in turn will speed up the adoption of Fetch.ai autonomous software agents and provide the necessary information for them to communicate with sophistication in real-life scenarios.”

Daniel Kochis, Head of Business Development for Chainlink, mentioned that any software program developer creating options on Fetch.ai will quickly be capable of entry good contracts powered by “tamper-proof” market value knowledge.

Kochis added:

“AI is an incredibly powerful technology and properly combining it with decentralized computation will require high-quality off-chain data to trigger on-chain logic, which is the exact problem Chainlink solves.”

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