How AI Plays a Significant Role in Bitstraq Exchange?

in #bitstraq6 years ago (edited)

 Bitstraq exchange is gaining a stronghold in the cryptocurrency market. One of the strengths of Bitstraq exchange is employing Artificial Intelligence. The advent of AI in the crypto market paved the way for analysing massive quantities of data, speeding up the resources, increasing the volume trading, and securing the exchange. The AI integrated in Bitstraq exchange will automate the trading process and ensure the exchange from any threats or hacking attempts.

AI in Security

Exchanges are prone to cyber attacks from all sides. Whether it is external or internal attacks, they are growing in complexity as many exchanges are not equipped to thwart off the attacks. AI uses Machine Learning and Natural Language and will work alongside the resources efficiently to stay ahead of the threats. Any exchange without the needed security sees a sharp decline in trading volume.

As we know, the AI is programmed to consume and analyse unlimited unstructured and structured data. Through machine learning, AI improves its knowledge and stores it for later use. This way, any cybersecurity threats can be obstructed by identifying its behaviour without any hassles. By using logical reasoning, AI will be able to detect threats from malicious files, suspicious IP address or even inside threats.

Bitstraq uses AI’s fraud detection system in its Blockchain to create a collective database through a consensus system. By employing AI, Bitstraq can detect insider threats and abnormal activities and raise defences against them.

Conclusion

Bitstraq is the next generation of exchanges that extensively employs AI as a security sentinel posted at its gates. With this ever-changing cryptocurrency market, Bitstraq is ready to defend its exchange against any threats posed.
 

  Know more:

Website: https://bitstraq.io

Facebook : https://www.facebook.com/Bitstraq/

Twitter : https://twitter.com/bitstraq 

Telegram : https://t.me/joinchat/JM0LDUqXZ5LO3kQGn_NAyw 

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