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  • Fetch.AI is a "decentralized digital representation of the real world in which autonomous software agents perform useful economic work". To do so, it relies heavily on Machine Learning (ML) and Artificial Intelligence (AI).
  • Fetch's goal is to "automate a limitless number of markets that require tremendous manual intervention". According to the team, autonomous economic transactions are expected to deliver near-frictionless marketplaces, operating at a very fast speed.
  • At its core, Fetch.AI relies on near-autonomous system integrating multiple components of a complex system, easy integration & use of ML / AI outcomes into decision making (without needing a thorough understanding of ML / AI techniques), and collective intelligence made of machine and human intelligence to create a non-siloed AI model, leading to improvement in decision-making processes.
  • The Fetch.AI (FET) token is used as the value exchange on the Fetch.AI network. It is the payment method for all transaction fees, and also a refundable method of registering on the ledger, and can be staked to secure the overall network.