In this article, What is Fetch.Ai (FET)? We will try to answer the question and provide detailed information about the project.
In this article, What is Fetch.Ai (FET)? We will try to answer the question and provide detailed information about the project.
What is Fetch.Ai (FET)?
Fetch.Ai is “a decentralized digital representation of the real world where autonomous software brokers do useful economic work”. It uses Machine Learning (ML) and Artificial Intelligence (AI) largely to do this.
Fetch’s goal is “to automate an unlimited number of markets that require massive manual intervention”. According to the team, autonomous economic transactions are expected to offer market locations that run very quickly, almost smoothly.
Fetch.AI is essentially based on a virtually autonomous system that integrates multiple components of a complex system, easy integration and use of ML / AI results into the decision-making process (without a thorough understanding of ML / AI techniques), and collective intelligence. Machine and human intelligence to create an artificial intelligence model outside of silo that leads to improvement in decision making processes.
The Fetch.AI (FET) token is used as a value exchange in the Fetch.AI network. It is a payment method for all transaction fees and is also a refundable posting method and can be staked to secure the public network.
What is FET Token?
Fetch.AI combines machine learning (“ML”), artificial intelligence (“AI”), multi-agent systems, and decentralized ledger technology to create an affordable internet.
Hardware, services, people, and infrastructure can do useful work through effective promotions and predictions. Fetch’s goal is to automate an unlimited number of markets that currently require massive manual intervention. Autonomous economic transactions will deliver virtually seamless marketplaces operating at digital speed. Fetch.AI envisions a world in which everyone has a large number of economic representatives on the Fetch.AI platform, working in series or in parallel to create solutions to the complex problems of today and tomorrow. Some of its key elements that are much more elegant and efficient than humans can produce include:
Almost autonomous system integration for multiple components of a complex system.
Easy integration and use of machine learning / artificial intelligence results into the decision-making process without much understanding of machine learning / artificial intelligence techniques.
The collective intelligence between machine intelligence and human intelligence to create an artificial intelligence model outside of the silo improves decision-making processes.
By clicking this link, you can get Fetch.Ai (FET) coins from Binance with a 10% commission discount.
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