The document discusses REST (REpresentational State Transfer), an architectural style based on HTTP. It defines REST as using resources and verbs to manipulate representations of those resources. The agenda covers building an API with ASP.NET Web API by first explaining REST and why it is important. Key points of REST are that it uses well-defined HTTP, treats resources as things that can be acted upon, and represents resources in responses using formats like XML or JSON. Common HTTP verbs in REST are GET, POST, PUT, and DELETE, and responses include status codes to indicate success or errors.