Deutsche Telekom has announced a collaboration with UK-based AI startup Fetch.ai to promote cutting-edge AI and blockchain solutions. 

As the first major corporate partner of the Fetch.ai Foundation, Deutsche Telekom joins forces with Bosch and Fetch.ai in supporting an open AI and blockchain platform aimed at widespread adoption. Its subsidiary, Deutsche Telekom MMS, will also serve as a validator on the decentralised Fetch.ai network, helping secure transactions on the blockchain.

The core of Fetch.ai’s technology relies on autonomous software agents that can manage resources, conduct transactions, and analyse data flows independently thanks to AI algorithms. These agents unlock a myriad of real-world applications across sectors like automotive, supply chain, healthcare, and digital identity. 

For example, AI agents could optimise production schedules based on supply chain data or match patients to clinical trials using health records. The tamper-proof nature of blockchain also enables secure transmission and access to sensitive data.

“The convergence of blockchain, AI and IoT is trailblazing the digital transformation of entire industries,” said Dirk Röder, Hea