Fetch.ai spinoff launches decentralized commodities exchange
Mettalex claims to be fully decentralized, meaning “no counterparty and no single point of control.” Mettalex, a spinoff project of Fetch.ai, announced Friday that it has officially launched a decentralized exchange for commodities trading, offering another compelling use case in how blockchain technology was disrupting traditional finance. The new exchange aims to disrupt the commodities market through blockchain applications and other emerging technologies, such as machine learning and IoT. Mettalex has been designed to improve upon existing automated market makers and blockchain....
Related News
Fetch.ai's technology stack will be leveraged to "transform" FESTO's existing legacy control systems.
FET price could be eying new highs after fresh exchange listings, the launch of a $150 million development fund and plans to further integrate the protocol with the Cosmos ecosystem. Development across the cryptocurrency ecosystem continues to move forward despite the day-to-day whipsaw price movements and this progress is furthering the public’s awareness of Web3 and the value of blockchain technology. One project that has been climbing the charts amid a marketing push to develop better brand recognition is Fetch.ai, a protocol focused on building a token-based decentralized machine....
Fetch.ai is West Ham United’s exclusive official artificial intelligence partner and the premier league’s giant non-exclusive Official Global Partner. Under the deal, Fetch.ai has also been designated as West Ham United Women’s football club’s non-exclusive official partner. Through this partnership, Fetch.ai and West Ham United will leverage and promote the impact of artificial intelligence in enhancing businesses and daily lives. Fetch.ai Brand to be Displayed in West Ham United LEDs Subsequently, West Ham United will promote the Fetch.ai brand and its products in....
Fetch believes regulatory compliance is necessary to bring real world usage to the sector. Fetch.ai, a project building a network of autonomous agents for blockchains, has announced a partnership with Yoti, a digital identity provider. Blockchains, and DeFi smart contracts in particular, often require manual interactions to trigger specific events. These could be contract calls, particular exchange transactions, publishing oracle data and many more. While these actions are often permissionless or done by the developers of the smart contract, there may be circumstances where nobody is able....
Strong fundamentals, high-profile partnerships and a pivot toward DeFi back FET's rally to a multi-year high. Artificial intelligence and machine learning are changing the face of commerce, computing and other technologies on a daily basis.In its most basic form, the information gathered by artificial intelligence is really just data that can be used to make interpretations and blockchains are built for the storage and transmission of data. Fetch.ai (FET) is a “Cambridge-based artificial intelligence lab” that has the goal of using distributed ledger technology to build a decentralized....