The Best Project Ai 2018 - AiBB Review

winwinner443 (25)in #cryptocurrency • 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%.

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.

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.

AiBB ARCHITECTURE

AiBB 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:

1. A trusted, secure and fast connection

2. A stand-alone decentralized application

3. Ability to record selected data on the blockchain

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

1. Analytics Layer

2. Application Layer

3. Exchange Layer

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

BRIDGING FIAT AND CRYPTO

One of the main barriers to entering the crypto world is the transfer of FIAT currency to this ecosystem. Exchange and brokerage firms tackle this by having their user wire the funds to the firm and then wait a few business days for the funds to arrive in their account.

AiBB approaches this in a different way. We are in the process of applying for an Electronic Money License (EML) in the EU and with this EML, we are able to offer all our EU customers their own Bank accounts (IBAN). These users can send, receive, spend FIAT and we can convert crypto to FIAT though our exchange layer and depositing it into the user’s IBAN.

For our customers outside the EU, our plans are to partner with various institutions to facilitate these functions.

Send: Users can send money to any contact or bank account around the world.

Spend: For our EU customers, you will be about to spend your funds in the same manner as any bank account.

Receive: Funds can be accepted for goods and services you provide. Great for freelancers who have clients over the world.

Convert: Instantly move your funds from crypto to FIAT and vice versa.