Real-world adoption of blockchain technology is a slow-moving process. It requires appropriate use cases and an audience that is available and open to new experiences.
A growing number of applications in the real world appear to be the trigger for the recent gains of Fetch.ai (FET), a protocol focused on the development of a decentralized, open access, token-based machine learning network aimed at supporting a smart infrastructure around to the digital economy.
The data says Cointelegraph Markets Pro e TradingView show that after hitting a low of $ 0.658 on September 6, the FET price jumped 70% to $ 1.12 on Sept. 7: a new all-time high. Meanwhile, the daily trading volume of FETs increased 538% to $ 590 million.
The rapid increase in price and trading volume comes during testing of a new multimodal transport application called “Deep Parking”, an application based on AI and blockchain technologies that helps motorists to identify empty parking spaces.
The protocol also got a “global primacy“on September 7, when a Fetch.ai agent on board successfully interacted with Datarella, allowing the driver to rent a scooter from Tier Mobility:
“This, ladies and gentlemen, is a world first: a Tesla, after being identified by a gate check using @Fetch_ai agents on board and @Datarella’s Self-Sovereign Identity, allows its driver to finish the trip on a scooter. towards the final destination. “
This, Ladies & Gents, is a global first: a Tesla, after being identified by a gate control using on-board @Fetch_ai agents and @Datarella‘s Self-Sovereign Identity #SSI,enabling its driver to swith over to a scooter ride to the final destination #micromobility pic.twitter.com/hmCp4a0zUP
– MOBIX (@MOBIX_AI) September 7, 2021
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