Blockchain

Waves Tech Partners with Fetch.ai to Boost AI Services

Finmax

DeFi focused blockchain ecosystem Waves Tech has announced a partnership with autonomous artificial intelligence accelerator Fetch.ai, to make AI solutions more accessible to multiple blockchain networks via the Gravity Protocol. Together, Waves Tech and Fetch.ai will conduct a joint R&D for increasing the multi-chain capabilities of Fetch.ai’s Autonomous Economic Agents (AEA).

Fetch.ai is an open-source technology focused on building a decentralized economy by integrating crypto, blockchain, AI, and machine learning. It creates infrastructure and tools to support a decentralized economy, and its testnet will be delivered in the Q3 of 2020. Waves Tech, on the other hand, is an inter-chain DeFi ecosystem that is blockchain agnostic.

In the official Medium post, Waves Tech said Fetch.ai would bring valuable AI-based solutions to the users of Waves and Gravity Protocol. It further added that they “are planning to systematically extend the scope of this partnership to add innovative ways of integration with Gravity protocol and allow for increasing machine learning capabilities in the interoperability and DeFi spaces.”

Waves is also planning to extend the partnership with Fetch.ai to create innovative ways for integration with Gravity Protocol to further machine learning in the DeFi space. Popular crypto trader and Stacking Ventures member, Lenny tweeted about the collaboration. He said that this was a great move, informing that “big stuff” is expected to come out of the partnership.

Roxanne Williams

Roxanne Williams has recently joined as a market reporter for CryptoNewsZ - the 24/7 crypto news site, where she produces recent stories, technical analysis and price updates on world's leading cryptocurrencies.

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