How can Artificial Intelligence change the World of Cryptocurrencies?
Artificial Intelligence and crypto-currencies have not been anymore something that surprises the world of technology and business.
Those are already two consolidated disciplines that are immersed in technological and financial evolution. Cryptocurrencies are offered to those who are interested in alternative investments, larger gains or even a way to balance traditional portfolios. People have sought to act calmly observe the currency’s movement and maximize gains as in any investment. But care is doubled, because it is a market still in the formation phase, the rules are being debated and better known.
The investor usually analyzes his portfolio and thinks which asset will add to a particular portfolio. The financial advisor configures statistical and analysis tools to perform many calculations and offer clients the best financial balance of these portfolios.
With blockchains and cryptocurrency, a new level of interface can be made, which makes this whole process more agile.
Artificial intelligence falls like a glove in this new context and learning can be the difference in choosing virtual currencies. For exactly this learning will connect to the largest number of sources already virtualized and available. This will allow for much less subjective anticipation compared to traditional investments. An unprecedented prediction of effects. Traditional portfolios often need to collect information in a non-straightforward way that is sometimes incomplete and often heterogeneous. Each financial entity provides information in a somewhat peculiar way by each source, which makes it difficult to equalize information. This result later becomes essential for the consultant to balance his or her portfolios.
A very interesting initiative in this world of artificial intelligence in the cloud is that of Google with its “Federated Learning“.
This technology allows learning on a network to be decoupled around its layers. That is, in the traditional model there is usually a monolithic architecture where the data is tested until learning occurs later. In this case, for example mobile phones keeps the test data, but feed the cloud to create the learning models. So for example if a mobile phone has a learning model running and a change occurs in the data associated with this model, only this change is sent to the cloud in an encrypted way without exposing sensitive data from the mobile.
With this and other technologies that will emerge, we predicted that with artificial intelligence, this process of investment in cryptocurrencies will benefit greatly, much improved, since it will be based on data being much more standardized, much more transparent and always available in the cloud.
From integration with each cryptocurrency, a financial portfolio can be created with Artificial Intelligence tools. Modeling using statistics and machine learning will make much more sense the data is ready in large quantity, which facilitates the hit rate based on learning algorithms. Artificial intelligence is a new world that if combined, can give even greater earning potential. The maturation of each smart profile of the cryptocurrencies along with a (also intelligent) differentiated and qualified offer for each customer is also a benefit. Everything can be done directly via the web. The investor will have an AI tooling at the top of the cryptocurrencies fitting into exactly what they want to get prediction, anticipation and knowledge. This blends well with the customer needs facing the cryptocurrencies market.
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