Fetch.ai network is an interchain protocol, based on the Cosmos-SDK. It uses a high-performance WASM-based smart contract language (Cosmwasm) to allow advanced cryptography and machine learning logic to be implemented on-chain. This also allows the Fetch.ai network to serve as a layer-2 network for Ethereum and an interchain bridge to the rest of the blockchain world.
Fetch.ai’s utility token FET was designed to find, create, deploy and train digital twins and is an essential part of smart contracts and oracles on the platform.
The Fetch.ai Blockchain combines multi-party cryptography and game theory in order to provide secure, censorship-resistant consensus as well as rapid chain-syncing to support digital twin applications.