AI and machine learning network Fetch.ai has unveiled an outcome of its developer engagement project, which aims to make it easier to develop applications and related services on top of the Fetch.ai network.
The Fetch.ai team noted that they’ve built what they call an “Autonomous Economic Agent” or AEA registry that will allow users to create agents and take part in this new digital economy “far more easily” than before. The Fetchi.ai developers explained that their goal was to build an effective “App Store” for software developers that lets them access and create agents “like never before.”
The Fetch.ai developers are creating the appropriate tools and related infrastructure to “enable a decentralized digital economy.” They explained that an important component of these economies are their AEAs, which can act independently by not requiring “constant input” from their owners. They’re able to “autonomously” execute actions in order to provide or achieve economic value for the end-users.
As explained by the Fetch.ai team:
“[AEAs] have the ability to conduct decentralized searches, negotiate and trade knowledge, and share predictions and value using a digital currency called the FET token. We are building a constellation of agents that can connect to transportation, financial services and mobility assets, and now you can also participate in this opportunity.”
They added:
“We have developed a new AEA registry that will allow you to build agents and participate in this new digital economy far more easily. You can access the new front-end registry here. The new (user interface) UI was designed to make discovering AEA projects developed by the community, the most effortless and user-friendly experience possible. It allows you to find, download and publish AEA packages including entire agents, skills, connections, protocols and contracts.”
(Note: for more details on these updates, check here).
Fetch.ai notes that this open source toolkit can help data scientists and machine learning professionals. Engineers and economists might also find it useful, as it can “create value for everyone.” By taking part in the growing registry, users will be “contributing towards 172,025 agents that have already conducted 118,995 searches and this is just the beginning,” the Fetch.ai team noted.
They added:
“AEA technology returns control of your life to you. You take back ownership of your personal data and benefit directly from any information that you choose to share. Unnecessary intermediaries are removed, and the associated friction costs disappear. The autonomous nature of the agents also reduces the need for constant human input. They not only complete your tasks but also return your time to you.”
As reported recently, Fetch.ai introduced a decentralized crypto and commodities exchange.
Last month, Fetch.ai revealed that it managed to sell 1.9 million FET tokens in just 14 seconds by utilizing Bitfinex Token Sales Technology.
Fetch.ai has also partnered with open-source blockchain protocol Waves to conduct research and development (R&D) on DLT.