Company:Fetch.ai

From HandWiki
Fetch.ai Limited
FET
TypeInnovation, Venture
IndustryArtificial Intelligence
GenreMachine Learning, Blockchain
FoundersSheikh, Simpson, Hain
HeadquartersCambridge, England
Key people
Humayun Sheikh (CEO), Toby Simpson (COO), Thomas Hain (CSO), Jonathon Ward (CTO), Maria Minaricova (Director of business development), Peter Bukva (Principal Software Engineer), David Minarsch (Lead Economist), Gary Wood (Head of IT)
MembersSoftware Developers: Attila Bagoly, Peter Bukva (PhD), Joshua Croft, Edward Fitzgerald, Nathan Hutton, Aristoteles Triantafyllidis, Jiri Vestfal, Juan Besa (PhD) Research: Diamid Campbell, Marco Favorito, Ali Hosseini (PhD), David Minarsch (PhD), Jia Liu (PhD), Matthew McDonnell (DPhil), James Riehl (PhD) Advisors: Monique Gangloff (University of Cambridge), Melvyn Weeks (Assistant professor of Economics University of Cambridge, advisor to Ofgem), Abe Ulusal (former chairman of the London Metal Exchange Steel Committee) Philip Price (deputy chairman of the London Metal Exchange Steel Trading Committee), Jonathon Fish (Javelin Commodities Trading), Jamie Burke (Outlier Ventures), Steven Grand OBE, Niall Armes (PhD, founded TwistDx), Alexandra Brintrup (Advisor to the All Party Parliamentary Groups in AI and Data Analytics, University Cambridge) Michael Wooldridge (University Oxford), Anisoara Calinescu (University Oxford), Kash Iftikhar (Oracle) Information Technology, Marketing, Administration: Jay Loe (Cambridge School of Art), Kevin Racaza (Cambridge School of Art), Lisa Condon, Gary Wood, Jonathon Winch, Bart Centlewski
Websitehttps://fetch.ai/
Footnotes / references
Blockchain exploration is enabled @ etherscan.io (https://etherscan.io/token/0x1d287cc25dad7ccaf76a26bc660c5f7c8e2a05bd) / https://fetch.ai/, https://artificialintelligence-news.com/2021/03/03/featured-ai-news-list-of-innovative-companies-to-watch-in-2021/, https://www.crunchbase.com/organization/fetch-ai

Fetch.ai [1] is a laboratory based [2] artificial intelligence (.ai) and digital economics company [3] operating an internet platform with a blockchain structured economic system using a decentralized server network, [4] with the direction of solving a number of every-day problems, with improving blockchain utilisation and exploitation by the implementation of .ai using machine learning having an autonomous activity.[2] The companies goal is to revolutionize economic activity in a number of current sectors, principally by the creation of an economic system using the FET cryptocurrency, and [5][6] innovating the first existing adaptive autonomous smart ledger. [7] The current CEO of fetch.ai was a [8] founding [9] investor in DeepMind, a London-based AI laboratory purchased by Google for $600 million, [8] founded by Demis Hassabis and Mustafa Suleyman during 2014. [10]

Utilities

Fetch.ai's use cases from the further development of it's current technologies, where-by expected improvements to society might be realized by are:[11]

  • a software based Agent Framework
    • this describes a software functioning in the capacity of inter-agency communication in order to produce an effective control in a real-world situation, there-by reducing the need for human effort. The utilisation of autonomously communicating sensor agents that enable the liberation of human effort use, specifically vehicles that drive in urban environments without the necessity of human intervention or control. DDN is the implementation of FET as a cryptocurrency in situations of the need for delivering objects or people[5]
  • a Collective Learning network
    • allowing confidential data to be maintained in a secure state while maintaining an effective direction in a group of disparately located members toward machine algorithm model making by the sharing of data.
  • Simple Open Economic Framework Explorer (SOEF) [12]
  • a Ledger system [11] with a Directed Acyclic Graph [13] (DAG) [14] structure that empowers ledger functioning to million-scale transaction processing [13]

Capital

The companies funding (figures of 1st of May) was during May 2020, £15 million. [15] During March 2021 the company obtained $5 million in funding from [8] Global Digital Assets [16] (GDA group). [8] The sum of monies of market capital (figures of 17th of May 2021) is $322.60 million which is distributed in 746.11 million circulating coins.[17]

Market

The genesis of the native cryptocurrency FET, was the 3rd of January 2018. [17] The total number of possible coins in circulation is 1.15 billion, [17] 1,151,441,225.60428747. [18] FET was the fourth [19] coin to be launched using the launchpad at Binance.[20]

Timeline

  • 2017 - company founded by the integration of itzMe.AI and uVue [21]
  • 2018
    • January - FET genesis [17]
    • April - Economics whitepaper (Weeks; Faculty of Economics and Clare College University of Cambridge)[22]
    • September - fetch.ai is the sponsor of the 4th Annual Cambridge Wireless Technology Conference, held at the University of Cambridge Computer Lab by the DIGITAL TECHNOLOGY GROUP [23]
  • 2019 - launch of mainnet [24]
    • July - release of the innovative Antlia blockchain platform[25]
    • October - First trade on fetch.ai's decentralized metals exchange[26]
  • 2020
    • July 14 - announcement of release of Collective Learning framework[4]
  • 2021
    • February
      • announcement Festo will use feth.ai autonomous agent technology to make smart manufacturing control processes. [27]
      • collaboration with Bosch Research [28]
    • March 31 - launched mainnet v2[29]
    • April - announcement of Collaboration with Catena-X Automotive Network [30]

@ github

https://github.com/fetchai

Publications

https://fetch.ai/publications/

roadmap

https://fetch.ai/tag/roadmap/

References

  1. ↑ Daws, Ryan (March 3, 2021). "Featured". artificialintelligence-news.com, archive.today. https://artificialintelligence-news.com/2021/03/03/featured-ai-news-list-of-innovative-companies-to-watch-in-2021/. Retrieved 16 May 2021. 
  2. ↑ 2.0 2.1 https://fetch.ai/
  3. ↑ fetch.ai (30 January 2018) An Introduction to Fetch.ai 1:11 - :15. YouTube Retrieved 17 May 2021
  4. ↑ 4.0 4.1 Law, Matthew (14 July 2020). "Fetch.ai releases Collective Learning framework for decentralized machine learning". www.prweb.com CISION. https://www.prweb.com/releases/fetch_ai_releases_collective_learning_framework_for_decentralized_machine_learning/prweb17252906.htm. Retrieved 17 May 2021. 
  5. ↑ 5.0 5.1 https://fetch.ai/use-cases/
  6. ↑ "Fetch.ai (FET)". coinmarketcap.com. https://coinmarketcap.com/currencies/fetch/. Retrieved 17 May 2021. 
  7. ↑ "Home > Membership > Member > Directory > Fetch.AI". www.cambridgewireless.co.uk. https://www.cambridgewireless.co.uk/membership/members/fetchAI/. Retrieved 17 May 2021. 
  8. ↑ 8.0 8.1 8.2 8.3 "Cambridge-based Fetch.ai by DeepMind pioneers scores £3.6M for developing decentralised AI". www.uktech.news. https://www.uktech.news/news/cambridge-based-fetch-ai-by-deepmind-pioneers-scores-3-6m-for-developing-decentralised-ai-20210315. Retrieved 17 May 2021. 
  9. ↑ Shead, Samuel (11 November 2020). "DeepMind would have ‘probably failed’ without Google, says early investor". www.cnbc.com. https://www.cnbc.com/2020/11/11/deepmind-would-have-probably-failed-without-google-says-investor.html. Retrieved 18 May 2021. 
  10. ↑ Murphy, Margi (1 December 2020). "en-gb/money/technology". www.msn.com, The Telegraph. https://www.msn.com/en-gb/money/technology/how-will-google-make-money-from-deepmind-s-once-in-a-generation-ai-breakthrough/ar-BB1bvQkn. Retrieved 18 May 2021. 
  11. ↑ 11.0 11.1 https://fetch.ai/roadmap/
  12. ↑ https://soef-explorer.fetch.ai/
  13. ↑ 13.0 13.1 "An Inside Look At Fetch.ai, The Ambitious Startup By Former DeepMind Investor". analyticsindiamag.com. https://analyticsindiamag.com/an-inside-look-at-fetch-ai-the-ambitious-startup-by-former-deepmind-investor/. Retrieved 18 May 2021. 
  14. ↑ Walters, Steven (18 February 2019). "Fetch.AI Review: AI-based Autonomous Machine Economy". www.coinbureau.com. https://www.coinbureau.com/review/fetch-fet/. Retrieved 18 May 2021. 
  15. ↑ "Inner Circle/Medici/companies". gomedici.com. https://gomedici.com/companies/fetch-ai. Retrieved 17 May 2021. 
  16. ↑ Quested, Anthony. "Fetch.ai clinches $5m investment from Canadian firm". www.businessweekly.co.uk. https://www.businessweekly.co.uk/tech-trail/investment-tree/fetchai-clinches-5m-investment-canadian-firm. Retrieved 18 May 2021. 
  17. ↑ 17.0 17.1 17.2 17.3 "Price, News and Analysis". www.marketbeat.com. https://www.marketbeat.com/cryptocurrencies/fetchai/. Retrieved 17 May 2021. 
  18. ↑ "Token Fetch". etherscan.io (Etherscan). https://etherscan.io/token/0x1d287cc25dad7ccaf76a26bc660c5f7c8e2a05bd. Retrieved 17 May 2021. 
  19. ↑ "IEO List". coincodex.com. https://coincodex.com/ieo-list/binance/. Retrieved 18 May 2021. 
  20. ↑ Shen, Muyao (20 February 2020). "Fetch.AI And Binance's Ambition In The Crypto World". www.forbes.com. https://www.forbes.com/sites/muyaoshen/2019/02/20/fetch-ai-and-binances-ambition-in-the-crypto-world/?sh=23d98e62903e. Retrieved 18 May 2021.  "...Binance Launchpad ...previously helped two crypto projects complete fundraising sessions back in 2017...in 2018 with no projects being listed ...January 2019, Launchpad came back big with the token sale for BitTorrent...Fetch.AI, the second project that was selected by Binance Launchpad..."
  21. ↑ Rajoo Nibu P (9 February 2019) ICO News: Why is Binance Betting on Fetch.AI? hackernoon.com https://fetch.ai/faqs/ Retrieved 17 May 2021
  22. ↑ Weeks, Melvyn (6 April 2018). "The Evolution and Design of Digital Economies". fetch.ai/wp-content/uploads. https://fetch.ai/wp-content/uploads/2019/10/Fetch.AI-Economics-white-paper.pdf. Retrieved 17 May 2021. 
  23. ↑ "CW TEC 2018: The inevitable automation of Next Generation Networks". www.cambridgewireless.co.uk. https://www.cambridgewireless.co.uk/events/cwtec-2018/. Retrieved 17 May 2021. 
  24. ↑ "Fetch.ai to Launch Blockchain for Complex Machine Learning after Securing $6 Million in Funds". nulltx.com. https://nulltx.com/fetch-ai-to-launch-blockchain-for-complex-machine-learning-after-securing-6-million-in-funds/. Retrieved 17 May 2021. 
  25. ↑ "Blockchain Startup Fetch.AI Releases AI-based Synergetic Smart Contracts". (finance.yahoo.com), www.accesswire.com. 1 July 2019. https://finance.yahoo.com/news/blockchain-startup-fetch-ai-releases-122500373.html. Retrieved 17 May 2021. 
  26. ↑ "Fetch.ai's DeFi Commodity Platform Records Historic First Trade". (finance.yahoo.com) www.accesswire.com. 15 October 2019. https://finance.yahoo.com/news/fetch-ais-defi-commodity-platform-150000302.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuYmluZy5jb20v&guce_referrer_sig=AQAAAEm94kOqIhzuOS2hsEx07piH1oWxCM1uGydvAYFCK9a3oq-9ojQLTk84w0djjnd4Sdttlv2AwWz1zqzygmzAW4AnoT0tLsKlyJMJ6qPJL5n0v_ng57DlHpSUVrhq65R1EI91W1ElVhV2IOiKDO2RHsYZuwvKPHQI-71zaI-iRRyd. Retrieved 17 May 2021. 
  27. ↑ "fetch ai and festo team to launch decentralized manufacturing marketplace". fetch.ai. 12 February 2021. https://fetch.ai/fetch-ai-and-festo-team-to-launch-decentralized-manufacturing-marketplace/. Retrieved 17 May 2021. 
  28. ↑ Harrison, Polly Jean. "Bosch Collaborates With Fetch.ai to Launch a Fully-Functional Blockchain Network". thefintechtimes.com. https://thefintechtimes.com/bosch-collaborates-with-fetch-ai-to-launch-a-fully-functional-blockchain-network/. 
  29. ↑ Ward, Jonathon. "Join the Fetch.ai Journey into Decentralized AI". medium.com. https://medium.com/fetch-ai/join-the-fetch-ai-journey-into-decentralised-ai-e91af106bd9. Retrieved 18 May 2021. 
  30. ↑ Akolkar, Bhushan (28 April 2021). "Fetch.ai Announces Collaboration with Catena-X Automotive Network". www.coinspeaker.com. https://www.coinspeaker.com/fetch-ai-catena-x-automotive-network/. Retrieved 17 May 2021. 

Further reading




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