Deutsche Telekom MMS has made a significant move by joining the Fetch.AI Foundation as its first corporate member. This collaboration marks a groundbreaking milestone in the integration of industrial applications with the Internet of Things (IoT), combining the expertise of Deutsche Telekom, Fetch.ai, and Bosch.
The Fetch.AI Foundation is known for its innovative concept of Autonomous Economic Agents (AEA), which are sensor-driven devices that are capable of self-learning and automated transactions. These autonomous agents play a crucial role in the emerging Economy of Things, where web3, IoT, and smart devices are fused for various industrial applications such as healthcare, automotive, supply chain management, and digital identities.
One compelling use case involves autonomous cars utilizing these agents to make decisions regarding the best parking spaces, optimizing convenience for users and reducing congestion. By leveraging these advanced technologies, the collaboration between Deutsche Telekom, Fetch.ai, and Bosch aims to automate industrial services, simplify processes, and enhance scalability and security through blockchain technology.
Deutsche Telekom has been actively involved in the blockchain space since 2019. As a node operator, validator, and staking provider, the telecoms firm has contributed to several public blockchains, including Hedera Hashgraph DLT, Chainlink, Flow, Celo, Ethereum, Q network, Polygon, and the Graph.
The involvement of Deutsche Telekom MMS in the Fetch.AI Foundation brings together a diverse set of expertise, paving the way for further advancements in the integration of IoT and blockchain technologies. This collaboration is set to revolutionize the industrial landscape by fostering automation, simplification, and security in a wide range of sectors.
It’s evident that the partnership between Deutsche Telekom MMS and Fetch.AI is poised to shape the future of autonomous devices, creating a world where the Economy of Things thrives on the seamless interaction between self-learning agents and the IoT ecosystem.
Deutsche Telekom MMS: Deutsche Telekom MMS is a division of Deutsche Telekom, a German telecommunications company. It is actively involved in the blockchain space and has contributed to various public blockchains.
Fetch.AI Foundation: Fetch.AI Foundation is an organization known for its concept of Autonomous Economic Agents (AEA). These are sensor-driven devices capable of self-learning and automated transactions, and they play a crucial role in the emerging Economy of Things.
Internet of Things (IoT): The Internet of Things refers to the network of physical devices, vehicles, appliances, and other objects embedded with sensors, software, and connectivity, enabling them to connect and exchange data.
Autonomous Economic Agents (AEA): Autonomous Economic Agents are sensor-driven devices capable of self-learning and automated transactions. They are a fundamental component of the Fetch.AI Foundation’s concept and play a crucial role in the Economy of Things.
Economy of Things: The Economy of Things refers to the fusion of web3, IoT, and smart devices for various industrial applications. It involves the use of autonomous agents, like the ones developed by Fetch.AI, to enable automation, simplification, and security in sectors such as healthcare, automotive, supply chain management, and digital identities.
Blockchain: Blockchain technology is a decentralized and distributed ledger that records transactions across multiple computers. It provides enhanced security, transparency, and immutability to transactions and has various applications in different industries.
Hedera Hashgraph DLT: Hedera Hashgraph is a distributed ledger technology (DLT) platform that offers high performance, security, and scalability for decentralized applications. Deutsche Telekom MMS has contributed to this blockchain platform.
Chainlink: Chainlink is a decentralized oracle network that enables smart contracts on various blockchain platforms to securely connect with external data sources, APIs, and real-world events. Deutsche Telekom MMS has contributed to this platform.
Flow: Flow is a blockchain platform designed for building decentralized applications, digital assets, and smart contracts. Deutsche Telekom MMS has contributed to this platform.
Celo: Celo is an open platform that makes financial tools accessible to anyone with a mobile phone. It enables secure and decentralized mobile payments and other blockchain-based financial services. Deutsche Telekom MMS has contributed to this platform.
Ethereum: Ethereum is a decentralized, open-source blockchain platform that enables the creation of smart contracts and the development of decentralized applications. Deutsche Telekom MMS has contributed to this platform.
Q network: Q network is not further specified in the article. More information would be needed to provide a specific definition.
Polygon: Polygon, previously known as Matic Network, is a Layer 2 scaling solution for Ethereum. It aims to improve scalability and reduce costs for decentralized applications built on the Ethereum blockchain. Deutsche Telekom MMS has contributed to this platform.
The Graph: The Graph is a decentralized protocol that allows developers to query blockchain data efficiently. It provides an indexing and querying service for various blockchain networks, including Ethereum. Deutsche Telekom MMS has contributed to this protocol.
Related link: Fetch.AI
The source of the article is from the blog japan-pc.jp