AIBB A BLOCKCHAIN BASED PLATFORM THAT HARNESSES THE POWER OF ARTIFICIAL INTELLIGENCE

PREAMBLE
Since the emergence of cryptocurrency, majority of individuals who are investment conscious, still don’t trust such investment. This is as a result of inadequate knowledge as to how such investments are made. The current cryptocurrency market is highly fragmented with multiple exchanges and trading applications, liquidity issues on exchanges, and lots of news reporting portals. Moreover, many who are beginners in the cryptocurrency market, still don’t know which platform they will invest their assets with, due to the risk involved in trading, neither do they know how to buy Bitcoin. Therefore, it is pertinent that a platform with the ability to grow and stabilize the cryptocurrency market be developed. A platform with the potential of lowering the risk of crypto investors, and also give users the relevant information they need to make wise decisions in line with their investments which will eventually lead to market growth.

INTRODUCTION TO AIBB
AIBB is an Artificial Intelligence assistant application that incorporates AI, various blockchain networks, smart contracts and banking into a single platform to equip users with the decision making power they’ve never had before. Furthermore, the platform gives users all the tools they need for successful trades, including a payment gateway, personalized portfolio management, trade predictions advice, a groundbreaking AI chat and security. Bringing state-of-the-art AI to the blockchain promises to enhance not only trading, but also the future of decentralized applications. The platform will bring together reliable trade data news, security and public education. One of its major objective is to provide users in the crypto market with the right tools they need for a successful investment.
Regardless of all the risks and problems associated with cryptocurrency, many still show interest in its trading market. As the world heads towards this revolutionary approach with regards to investment, there seems to be no turning back. Individuals still hesitant with respect to the trading, just have to acquaint themselves with this development. That is why AIBB is quite a timely platform, that will be the first AI assisted application that will educate users, and 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.
The AIBB’s core commitment will simplify all the processes involved in trading. Such as when to sell or buy assets, it will save users the time consumed in examining charts, market condition, and tracking portfolio progress. These processes and others will be simplified by means of the advanced AI, which will provide users with a single and comprehensive reference point in carrying out their trading. The figure below illustrates the difference between AIBB’s trading cycle and other platforms;

CURRENT PROBLEMS FACING THE CRYPTO-MARKET
 Poor valuation of market: prior to this time most investors have always made investment with limited tools, and made decisions based on speculation and emotion rather than a calculated, informed and educated means. Therefore, this deficiency gives rise to a need for a platform that will ensure natural growth of the assets of investors than a risky speculation on over-or undervalued investments.
 Buying Crypto: the purchase and conversion of crypto coins to hard cash before this time, has a long process that is also time consuming due to the many intermediaries that are inclusive in the whole transaction. The conversion of crypto coins to hard cash has seemed almost impossible.
 Price volatility: this is as a result of a lack in the accurate assessment of the market and lack of market depth.
 Token loss and transfer time: transferring cryptocurrencies is stressful and it is very likely for the process to encounter errors, and it is time consuming.
 Misinformation: the current ICO market has always relied on the intelligent evaluation of a future product and it is not conducive for growing interest and investment in cryptocurrencies.
 Fragmentation: this is when market information is published in different people, and many of those individuals do not give a full overview of the material, therefore it confuses the society.
A PROFOUND SOLUTION
The AIBB’s approach in solving the above mentioned problems is quite advanced, since it provides users with Artificial Intelligent tools and a comprehensive trading resource in a single, user-friendly interface. This innovation will help in introducing more market players into the space, so that no one big investor will dominate a particular cryptocurrency, manipulate the price and lead to the volatility in the price of the currency.Furthermore, the platform will partner with various exchanges and acquire an EML (electronic money license) to convert crypto to fiat easily and faster by means of the application. In addition the following are the major tools that will alleviate users from the problems they face in the crypto market;
• An AI assistant: this is no mere bot. it is designed to understand the full context of an individual’s 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. It gathers data based on the initial tasks performed and executed by other users. The data on the platform is quite secure because of the decentralized feature.
• Analytics: the platform help saves time for its users by means of its proprietary algorithm that provides not just a lot of information but information that is accurate and up-to-date information that will enable users make educated decisions.
• Alerts: the automated alert system is designed to gather information 24-7. Most often, traders open positions on an exchange and tend to forget about it, and when a big spike occurs the user is closed out and will miss out on potential profits. AiBB can help grow portfolios by just anticipating the market ahead of trade orders and giving users a heads up. Users can set their alert levels to receive notifications of pricing changes on their holdings. These alerts can either be pricing gains or losses, breaking news or trading oppotunities
• Token Authentication protocol: this is a tech-savvy user-friendly way to verify details pf each transaction, before sending any asset within the application. This protocol helps in eliminating user error. The receiving app has the proper information of which is incoming and deposits it into the correct token wallet. And if the wallet address is not available, it will be created automatically deposit the funds into the appropriate wallet.
• Trade data: by means of a snapshot of each trading data in exchanges, users will be able to see the number of executed orders. In order to get a clear picture of the buy and sale process. Getting the information does not require logging in at every exchange and seeing the data.
• Portfolio management automation: it is a module that automatically gathers information from all connected exchanges. It provides users a clear picture of what their assets are worth. This helps reduce the need to possess different apps for specific purposes. It simplifies trading while making it smarter.
• Fees: since it is a peer to peer trading platform, it alleviates users from the fees incurred by the presence of third party exchanges on trades.
• Payment functionality: a payment and solution built into AiBB will provide users and merchants with instant payment for goods and services via crypto or fiat. Users can also send and receive fiat funds just like regular bank account.
• Security layer and protocols: there is always fear of assets being stolen. The platform sets up not just a firewall but also learning module that will aid in the protection and strengthening of cooperation between all aspects of the app to prevent attacks.
Although the platform will require the use of blockchain since it will perform token sale, token swap which are time stamped. The blockchain will help in making transaction data immutable. The blockchain is also necessary in the execution of trade and the creation of smart contracts.

TOKEN DISTRIBUTION

The funds raised from the sale will help in the development of the application for operating systems such Android, iOS and windows. Moreover it will grow the user base in getting the wallets compatible with the top 10 tokens and aid portfolio management for clients.

There are certain features on the platform that possession of tokens helps to unlock for a user. Although the core features of the platform are free of charge for users, in order to ensure platform growth and a large growing community of traders on the platform. The figure below illustrates which feature requires a token or not;

Token usage is designed to increase activity in the ecosystem and allow stakeholders to improve how they trade. The platform has a workable business model that will eventually increase the number of users, due to successful trades that will be executed.
CONCLUSIO[N
The AiBB platform is truly an incredible and innovative platform, it will be the first Ai assisted platform that will be a decentralized application that will facilitate a trading desk alongside a personal assistant for investors. Additionally the platform enables users to maximize portfolio growth with unparalleled access to information and tools. Investors can choose from many exchanges to trade their cryptocurrencies. Moreover, it gives users a faster, secure, more efficient, more accurate trades, and at the end of the day more profitable careers. It combines well-recognized and trustworthy actionable intelligence protocols, decentralized applications, and Ai to build a satisfactory system for its users. These features will enable each user on the platform to gain control of their cryptocurrency investments. Furthermore, the tools provided are high-end tools that are easily understood in carrying out trading for each user. Consequently, it is safe to conclude that AiBB is the future of cryptocurrency trading.
For more information please visit:
Website: https://aibb.io
Whitepaper: https://aibb.io/Assets/AiBB-Whitepaper.pdf
Published by: Cryptowin1
Bitcoin Profile Link: https://bitcointalk.org/index.php?action=profile;u=2068163