Blockchain
Fetch AI (FET) improves blockchain monitoring with the integration of BlockAgent and Chainlink (LINK).
Fetch AI (FET), a renowned AI and blockchain platform, introduced BlockAgent, a significant advancement in blockchain monitoring. This innovative tool allows users to observe and monitor blockchain activities in real-time, thus improving their strategic implementation in the Web3 ecosystem.
Revolutionizing Blockchain Monitoring with BlockAgent
BlockAgent serves as an automated tool to collect real-time transaction data on behalf of users and integrate it directly into users’ systems. This development represents a significant leap in blockchain observability. The tool is designed with an intuitive and customizable interface, addressing the needs of developers working with smart contracts on different blockchains.
To improve user experience and streamline blockchain data, BlockAgent leverages Fetch.ai’s AI Agent technology for real-time monitoring. It allows users to set notifications and alerts for smart contracts, provides insights into contract executions and state changes, records token transfers, and emits events when new external data is available.
Chainlink integration for a seamless user experience
BlockAgent also announced its integration with Chainlink, a decentralized oracle network. This integration allows users to retrieve historical price data via a Fetch.ai agent integrated into Chainlink. Users can provide an asset name supported by Chainlink documents, and DeltaV’s LLM interface detects the ticker symbol, allowing data retrieval from multiple chains such as EthereumPolygon or Arbitrum.
Unleash new use cases
BlockAgent’s innovative features open up a variety of use cases, such as NFT market tracking, copy trading, wallet tracking, and more. Users can leverage BlockAgent to create and deploy an agent that broadcasts specific NFT contract transactions, executes trades when specific conditions are met, and monitors trades on specific liquidity pools and decentralized exchanges.
Additional use cases include facilitating efficient trading on decentralized exchanges, managing governance actions for DAOs, tracking changes in user identity within decentralized applications, and providing authentic records for compliance legislation.
Artificial intelligence at the center: Fetch.ai’s AI agents
Fetch.ai’s AI Agent technology powers BlockAgent’s innovation. These AI agents offer real-time insights across multiple blockchains, adapting to the user’s specific needs. They facilitate a smarter, more responsive platform that can anticipate and react to the dynamic blockchain data landscape, setting a new standard in the industry.
Users can select various types of blockchain transactions based on their specific needs, implement an AI agent on Agentverse tailored to their specifications, and leverage BlockAgent’s advanced capabilities to receive real-time transaction data.
Future prospects of BlockAgent
BlockAgent, still preparing for its public release, already supports major blockchains such as Ethereum and Polygon. The roadmap includes plans to expand this support to other major chains like Solana and Avalanche. With its potential to empower developers, the future of blockchain monitoring looks promising with BlockAgent.
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