Fetch.ai, a Cambridge-based artificial intelligence lab, is building a decentralized machine learning platform based on a distributed ledger, that enables secure sharing, connection, and transactions based on any data globally.

It’s network is based around an open-source technology that any user can run to connect to the network, giving access to the power of AI on a world-scale secure dataset, to carry out complex coordination tasks in the modern economy.

The FET Utility Token is key to unlocking the Fetch ecosystem. It is required to find, create, deploy and train autonomous economic agents and is essential for smart contracts, oracles, and the transactions needed to deliver the new digital economy.