Fetch.ai and Deutsche Telekom collaborate to integrate AI and blockchain technology
Deutsche Telekom Collaborates with Fetch.ai for AI and Blockchain Solutions
Deutsche Telekom has announced a collaboration with UK-based AI startup Fetch.ai to promote cutting-edge AI and blockchain solutions. The partnership aims to support an open AI and blockchain platform targeted at widespread adoption. This article explores the details of this collaboration, the technology behind Fetch.ai, and the potential impacts of this partnership.
Deutsche Telekom’s Collaboration
- Deutsche Telekom has partnered with Fetch.ai to promote AI and blockchain solutions.
- As the first major corporate partner of the Fetch.ai Foundation, Deutsche Telekom joins forces with Bosch and Fetch.ai in supporting an open AI and blockchain platform aimed at widespread adoption.
- Deutsche Telekom’s subsidiary, Deutsche Telekom MMS, will also serve as a validator on the decentralised Fetch.ai network, helping secure transactions on the blockchain.
Fetch.ai’s Technology
The core of Fetch.ai’s technology relies on autonomous software agents that can manage resources, conduct transactions, and analyse data flows independently thanks to AI algorithms. These agents unlock a myriad of real-world applications across sectors like automotive, supply chain, healthcare, and digital identity.
Potential Applications
- AI agents could optimise production schedules based on supply chain data or match patients to clinical trials using health records.
- The tamper-proof nature of blockchain enables secure transmission and access to sensitive data.
Future Implications
The convergence of blockchain, AI, and IoT is trailblazing the digital transformation of entire industries. This partnership signals real progress in integrating AI and Web3 innovations into the machine economy. Together, these technologies lay the foundations for a decentralised Web3 internet that empowers user privacy and control.
Upcoming Events
Deutsche Telekom and Fetch.ai will be working together at one of Europe’s largest AI and IoT hackathons, Bosch Connected Experience, on 28-29 February 2024.
Additional Resources
For those interested in learning more about AI and big data from industry leaders, the AI & Big Data Expo is taking place in Amsterdam, California, and London. The comprehensive event is co-located with other leading events including BlockX, Digital Transformation Week, and Cyber Security & Cloud Expo. Explore other upcoming enterprise technology events and webinars powered by TechForge here..
