This Crypto Protocol To Roll Out AI Trading Tools for DEXs
Artificial intelligence [AI] has evidently been taking over the world. While most of them were employing AI tools to predict the price movement of assets, Fetch.ai decided to take it up a notch. Decentralized exchanges (DEX) are getting a new set of improved trading goods from Fetch.ai. The Cambridge, UK-based company has been sticking to developing AI tools for crypto . Now, the network seemed to be taking over the decentralized finance [DeFI] space as well. Fetch.ai hopes to make it easier for DeFi users to carry out peer-to-peer [P2P] transactions by utilizing “agents” powered by AI to conduct trades based on user- defi ned criteria. The slew of trading tools is expected to launch later this quarter. Humayun Sheikh the CEO of the firm said, “Users submit their orders to an agent, which then puts it in escrow or an atomic transaction while it works out where it can do the order matching. The ability of the platform to find and create liquidity is where the platform comes into itse...