AiBB | Arnessing The Power of Ai

linylinlin (30)in #ai • 6 years ago

Cryptocurrency trading is no longer the domain of professional investors or fund managers. A recent survey by Postbank found that one in three Germans are interested in the space for investment, a potential trader market of nearly 30 million in one country alone. Among 18 to 30-year-olds, the figure reaches almost 50%.1

Certainly, these investors are not all professionals, and any kind of investment comes with risk. Stabilizing and growing the market means harnessing these potential investors but also catering to their needs and lowering their risks.

Cryptocurrency trading comes with a steep learning curve given the many sources of contradictory information making it challenging for new investors to enter the space.

Despite this information overload, or perhaps because of it, interest in cryptocurrency trading has blossomed.

In the first six months of 2017, the cryptocurrency trade increased more than ten times. Currently, there are well over fifteen hundred different cryptocurrencies and over ten thousand different exchanges. The total cryptocurrency market reached $800 billion in January 2018 and is estimated to pass the $1 trillion mark by the end of the year.2

AiBB facilitates even more growth in the cryptocurrency market by bringing together reliable trade data, news, security and public education. We want every individual involved in the cryptocurrency space empowered with the right tools and understanding of their investments on a secured, reliable and decentralized platform.

AiBB is set to be the first Ai assisted application that will grow to become a completely decentralized platform that facilitates several functions and removes the need to trust 3rd party applications altogether. Users will be able to execute trades across some of the most liquid and secure cryptocurrency exchanges, preventing the destabilization that can occur when a single exchange is forced to absorb a high-volume transaction.

AN Ai ASSISTANT

AiBB's Ai assistant is designed to understand the full context of a user query. By using an end-to-end system of search, filtering, analysis, and answer generation, AiBB is able to provide an actionable response to the user.

Our Ai Assistant operates differently than a bot. It proactively gathers data and provides users with information prior to human users executing or performing a task.

This process is done by combining centralized and decentralized technologies, which ensures that data stays secure with minimal latency.

ANALYTICS

We have information. In fact, we have a lot of it. When a user is required to go through numerous pages of raw content and research blogs and then try to piece it all together, they waste time and miss facts.

Our system of gathering information uses our proprietary algorithms, performs deep analysis and presents the information in an actionable format. This give us a unique advantage: AiBB is about saving time by providing accurate, up-to-date information from thousands of data sources. It's not about having access to unlimited information, it's about having access to the right information at the right time to make those educated decisions.

ALERTS

This automated alert system is designed to gather information 24-7. At present, trader’s open positions on an exchange in a “set it and forget it” fashion. Most often, users forget they set it in the first place. When a big spike in price occurs, the user is unknowingly closed out of their position, missing out on potential profits.

We have seen sell orders set at $2, tokens sold, and tokens ultimately soaring to $8. A $6 jump is incredibly significant when a user trades away 10,000+ tokens. Traders currently work in a system where they may routinely miss out on that $60,000 increase in their portfolios.

This happens and it happens very often. By proactively taking the step to not miss out on such opportunities, AiBB can help grow portfolios by just anticipating the market ahead of trade orders and giving users a heads up!

Token Authentication Protocol (TAP)

The Token Authentication Protocol is a tech-savvy, user-friendly way to verify details of each transaction before sending any asset within AiBB. The protocol eliminates user error like mis-typed addresses.

When sending a token to a contact within the application, the only requirement is that the receiver is a contact on the application.

Users are not required to fill in any wallet addresses. The receiving app knows which asset is incoming and deposits it into the correct token wallet.

If the wallet address is not generated, the app will create it and deposit the funds into the appropriate wallet.

AiBB’S SECURITY

Security is always our highest priority. Retaining some of the best cybersecurity team members on staff as well as partnering with industry leading enterprise-grade IT security and audit firms will ensure that AiBB keeps your data secure. Built using banking best practices, architecture and industry standards including ISO 27001, PCI,SOC1, SOC2 and CCSS(Cryptocurrency Security Standard), we are able to stay ahead of threats and risks that cryptocurrency generally faces.

Our own correlation and prioritization layer filters and gathers data. We store all local data at rest encrypted with AES-256. Detailed and frequently updated logs and whitelists, restricts unnecessary communications to potentially compromised third party systems.

This method also allows us to maintain a database of attacks that can be shared among AiBB applications.

Maintaining our own whitelists also allows us to maintain a database of attacks that can be shared among AiBB applications, while utilizing our Ai Technology, we are able to monitor, identify and quarantine suspicious behaviors.

We contain and modularize every single aspect of our product with persistent encryption to mitigate security threats and prevent loss of assets. All data between exchanges and users are cryptographically signed leveraging unique digital signatures for trustless transactions.

AiBB’s ARCHITECTURE

AiBB's architectural design is based on a modular structure interacting within various layers.

Ai is at the core of each layer and by combining centralized and decentralized elements, we are able to achieve:

· A trusted, secure and fast connection

· A stand-alone decentralized application

· Ability to record selected data on the blockchain

Three layers form the basis for communication and analysis that serve users:

· Analytics Layer

· Application Layer

· Exchange Layer

Within each layer, different modules collect information from external data sources and include features that improve functionality and enhance user experience.