Chainlink (LINK) price rallied around 7% today to break the daily resistance at $11.20 as the bulls now target levels above the $12 mark.
Fundamental analysis: More clients for Chainlink
Fetch.ai, the UK artificial intelligence lab, said yesterday it has successfully integrated Chainlink’s price feeds. The Price Reference data lets consumers verify the prices of assets while offering improved security versus price manipulation.
The AI lab’s network utilizes open-source technology, providing its users with access to artificial intelligence on a global-level secure dataset to perform difficult coordination tasks in the modern economy.
BREAKING: @Fetch_ai adopts @chainlink's #decentralized oracle network to connect @Fetch_ai with valuable access to real-world economic data 📲
— Fetch.ai (@Fetch_ai) October 8, 2020
Want to find out more? 🤔Head over to 👉 https://t.co/f6gAX61IGy#AI #blockchain pic.twitter.com/56CKVj2FZk
The company is working on a decentralized machine learning network to build smart needs for AI-driven autonomous software agents to carry out significant economic tasks in favour of individuals, businesses, and organizations.
The integration of price feeds is the first step in Fetch.ai’s adoption of Chainlink’s decentralized network that will provide the AI lab with useful access to real-world economic, currency, and commodity price data.
Further upgrades will include the improvement, development, and launch of real-world applications in sectors like mobility, finance, logistics, and IoT ecosystems which depend on a decentralized oracle network that serve as a bridge between the physical world and the digital world.
Humayun Sheikh, CEO of Fetch.ai, said on the integration:
“By integrating Chainlink into the Fetch.ai network, we are taking the necessary steps needed to further couple real-world data with
