Fetch.ai explained (FET)

in #ico6 years ago (edited)

Technical overview

Underpinning the digital world is the smart ledger: a new generation of learning ledger that provides a collective super-intelligence to support agents’ individual intelligences. It provides market intelligence, previously locked up in centralised silos, to everyone so that any agent that wants something is assured of the shortest possible route to find another that has it. Fetch.AI’s smart ledger scales to support millions of transactions per second and is able to restructure itself to present the OEF’s digital world to the agents that use it.

They are fully abled economic digital citizens who act on behalf of individuals, devices and organizations. AEAs are paired to the hardware system/data sources to go out into the Fetch ecosystem to extract value from data discovery and predictive functionality. For example, by delegating AEAs, a carrier can make a prediction of weather and traffic conditions , and fuel sources to work out the best scenario. AEAs will find detailed information on these parameters and implement deep learning algorithms to provide the best solution. Also, by drawing from previous records of interactions between agents, AEAs can learn the mistakes of each process to reform and expand the network overtime.

OEFs create a self — adaptive simulator environment to provide “life” support for AEAs. This means that based on the transaction and searching records of AEAs, OEFs will reorganize its space to maximize AEAs interaction and connection capacity. Through APIs, AEAs will take command of the OEFs’ system to collect information and interact with its target. And in return, node’s operators will receive token reward for providing AEAs as an acknowledgement of consistent and reliable services. Data extracted from node’s operators grows in value over time and is expanded correspondingly on the sample size. This is the fabrication of Machine Learning Models in building self — adjustment and optimization as required.

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LATER EDIT:

  1. FET coin (build on Ethereum) listed on Binance at over 3x in BNB profits (FET/BNB), traded with large volumes
    Final conclusion BNB/ETH will hit records high, as the math shows us at least 4.5x on ForkDelta
    Just as this trades shows on Tradingview, the prediction is starting like this. We are getting there!

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