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Fetch.ai unveils machine-learning technology for blockchain agents

Fetch.ai unveils machine-learning technology for blockchain agents

British blockchain startup Fetch.ai has unveiled the Autonomous Economic Agent (AEA) technology, according to representatives of the company.

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AEA are autonomous systems based on machine‑learning algorithms, acting on behalf of their owners across a range of economic activities. For example, agents can seek profitable deals on cryptocurrency markets, buy concert tickets, or book hotel rooms.

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Users program the initial AEA skills. Going forward, the agents interact with OpenAI’s Gym open library to develop and benchmark reinforcement-learning algorithms. обучения с подкреплением.

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This approach enables agents to develop and learn new skills through communication with one another in a P2P environment, and to adapt to market conditions.

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Fetch.ai is developing the BotSwap service based on AEA. It enables automating trading strategies on DEXs such as Uniswap and PancakeSwap. The project team published detailed documentation on AEA development with several demo scenarios.

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Fetch.ai is a developer of blockchain solutions using machine-learning algorithms. The company’s product lineup includes the decentralized exchange Mettalex, the social network Resonate, the MOBIX micromobility ecosystem and the Fetch Wallet.

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Earlier, Fetch.ai released the fifth version of the wallet with an integrated messenger.

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