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Fetch.AI and Outlier Ventures Become Sovrin Stewards

news

Fetch.AI and Outlier Ventures Become Sovrin Stewards

June 2019

Posted by

Charlotte Baker

Marketing Manager

Convergence Stack integration strengthens as Fetch.AI and Outlier Ventures Become Sovrin Stewards

June 2019

Posted by

Charlotte Baker

Marketing Manager

Stewards on the Sovrin network are responsible for write and read functions on the Sovrin ledger. The new stewards include  Fetch.AI and Outlier Ventures as well as AyanWorks and One Global.

The network currently has stewards from 13 different countries around the globe. Fetch.AI will be using the Sovrin network to provide its autonomous agents self-sovereign identities so that they are able to interact with one another in a trusted and secure environment. Outlier Ventures has been an active advisor and investor in Sovrin network since its early days. Most recently, we released the ANVIL app in the convergence stack with the intention of bridging Sovrin’s verifiable credentials and Fetch.AI’s autonomous agents. More on the new stewards in this blog post. 

Fetch.AI uses the Sovrin Network to provide its autonomous agents with self-sovereign identities, so the agents are able to complete transactions in a trusted, secure, and decentralized environment.

“We’re incredibly excited to be a Sovrin Steward,” said Toby Simpson, CTO of Fetch.AI. “As a trusted operator of a node on the Sovrin Network, we have the opportunity to further understand and integrate machine identity into Fetch.AI. As this technology develops, autonomous agents will be able to interact more and more with each other in a demonstrably trustworthy environment to deliver the economic internet of the future. Both businesses and consumers will benefit from the things in the world being able to prove key aspects about themselves.”

Outlier Ventures advises and supports the development of technologies to form a new data economy, which has meant it has been an active player in the evolution of the internet. The organization has contributed greatly to the Sovrin Network and hopes to continue to do so by attracting new developers, projects, and users to the network. ANVIL, an app in Outlier Ventures’ Convergence Stack, bridges the gap between Sovrin’s verifiable credentials and Fetch.AI’s autonomous agents.

“We’re really excited to be part of the growing collection of Sovrin Stewards,” said Aron van Ammers, CTO & Founding Partner of Outlier Ventures. “We’ve been working with them since 2017 when we saw their work on digital identity as the fundamental building block needed for anything meaningful to happen in an increasingly decentralized Web. By becoming a Sovrin Steward, Outlier Ventures will continue to champion self-sovereign identity, helping solve the challenge in a scalable way to create a more equitable, open data economy.”

“The Sovrin community welcomes AyanWorks, Fetch.AI, One Global, and Outlier Ventures as the network’s newest Stewards,” said Heather Dahl, Executive Director & CEO of the Sovrin Foundation. “We look forward to learning and benefiting from their technical knowledge and expertise as we work together to provide self-sovereign identity for all.”