Fetch.ai and SQD Partner to Advance AI Agents in Web3

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Fetch.ai, a decentralized artificial intelligence and autonomous agent technology has integrated with SQD which serves as the first Emergent Database Network designed for the AI Agent Economy. This partnership establishes a crucial development in AI automation which allows Fetch.ai’s autonomous agents to retrieve and use real-time structured blockchain data for enhanced decision processes in Web3 environments.

https://twitter.com/Fetch_ai/status/1902359624470106210?ref_src=twsrc%5Etfw” target=”_blank” rel=”noopener nofollow

About SQD

The AI Agent Economy requires a first database network designed as an Emergent Database Network that SQD represents. As part of its mission to build a Billion Agent World the peer-to-peer network enables permissionless access to blockchain data across more than 200 blockchains with over 1,400 worker nodes. The data processing company Subsquid Labs GmbH under Swiss law operates the service from its headquarters in Zug Switzerland.

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class="wp-block-heading">Revolutionizing AI Automation in Blockchain

Fetch.ai’s AI agents gain operational efficiency in decentralized networks through structured blockchain data access from SQD which allows Web3 task automation as well as enhanced financial data analytics and network operational improvements. Fetch.ai’s agents will benefit from the integration through:

  • The DeFi infrastructure requires optimization by enabling machine automation of liquidity monitoring price surveillance and financial data management functions.
  • The system streamlines difficult business processes through its decentralized applications which allow AI-controlled multiple agents to communicate effectively with one another.
  • AI agents will optimize their decision-making by accessing high-quality and structured data which fuels operations in DeFi and NFTs and helps with real-world asset tokenization.

Director of Business Development Maria Minaricova from Fetch.ai declared that this partnership serves as a transformative force for DeFi technology as well as digital assets and next-generation developments. The combined power of AI automation and blockchain data structures within Fetch.ai and SQD enables the total transformation of decentralized ecological operations.

Addressing Web3’s Biggest Challenges

The Web3 environment grows quickly so AI agents require abilities to process substantial decentralized information. The efficiency of blockchain remains restricted by the fact that fragmented data exists alongside scalability problems and interoperability issues. These issues face resolution through the solutions implemented by Fetch.ai and SQD.

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  • AI agents gain both reliability and operational efficiency as a result of the structured blockchain data supply system in real-time.
  • AI agents need to work without difficulty across different blockchains through a solution that requires minimal alterations.
  • The team aims to increase AI application boundaries across financial services and international transactions while supervising digital asset administration.

The CTO of SQD Dmitry Zhelezov revealed his excitement about the partnership which he attributed to Fetch.ai’s dedication to AI research since its founding. The distributed data infrastructure from SQD will enable Fetch.ai autonomous agents to achieve maximum automation capabilities in blockchain platforms according to Dmitry Zhelezov.

Future Innovations in AI-Powered Web3

Fetch.ai along with SQD prepares to revolutionize AI automation through their upcoming technological developments. Key developments include:

  • Through SQD Portal users can enjoy live blockchain data streaming which provides immediate updates about transactions along with swaps and necessary system actions.
  • The integration of cross-chain AI enables Fetch.ai’s agents to establish frictionless interactions across various blockchain networks that exceed 200 in number.
  • Open developer platforms exist through SQD’s structured data system allowing developers to create new AI agents that drive DeFi, NFTs, and additional use cases beyond.

Such joint efforts establish new standards for decentralized AI agent operations. The partnership between Fetch.ai and SQD creates a Web3 economy that becomes more intelligent and efficient by merging SQD’s structured blockchain data with Fetch.ai’s autonomous AI framework.

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Author: NixCoin

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