Fetch.AIis a decentralised digital world in which useful economic activity takes place.This activity is performed by Autonomous Agents. These are digital entitiesthat can transact independently of human intervention and can representthemselves, devices, services or individuals. Agents can work alone or togetherto construct solutions to today’s complex problems.
Thedigital world in which agents live is called the Open Economic Framework (OEF).This world acts as the ultimate value exchange dating agency: each agent sees aspace optimised in real-time just for them, where important things are clearand visible and less important things are simply removed. The OEF provides thesenses for agents: their sight, touch and hearing to present to them a worldunique to the viewer.
Underpinningthe digital world is the smart ledger: a new generation of learning ledger thatprovides a collective super-intelligence to support agents’ individualintelligences. It provides market intelligence, previously locked up incentralised silos, to everyone so that any agent that wants something isassured of the shortest possible route to find another that has it. Fetch.AI’ssmart ledger scales to support millions of transactions per second and is ableto restructure itself to present the OEF’s digital world to the agents that useit.
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