Bosch Group, a world-leading technology provider, announced a partnership with Fetch.ai to launch a multi-purpose blockchain network. The mission is to develop and enhance Web 3.0 capabilities such as artificial intelligence.
Bosch global technology provider and artificial intelligence lab, Fetch.ai, are working together to use blockchain technology for more practical use. The main focus is on the development of machine learning technology (ML) for blockchain management.
Fetch.ai started the testnet program in October 2020 and now the company will work with Bosch to start a joint study ahead of the mainnet launch in March. Jonathan Ward, CTO Fetch.ai, revealed that he and his company have already started talks with Bosch within a while.
In a brief statement, it is stated that the project is the first step in operating an open, transparent and fair digital ecosystem in the digital world.
According to Ward, we look forward to working with Bosch to implement a wider and more innovative application, which will benefit consumers and businesses from various industries.
Fetch.ai crypto currency is currently trading at the exchange rate of $ 0.2856 per unit.
