Overview AiBB Part 2

Overview AiBB Part 2 | Ecency

INTRODUCTION

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.

AiBB's DISRUPTIVE TECHNOLOGY

Our exclusive agreement with SKAEL Inc. gives AiBB its core Ai power. SKAEL's Ai technology is patent-pending filed under Application Type:

Utility under 35 USC 111(a) in the United States under Title of Invention: "Machine Learning Digital Assistant" technology. By partnering with SKAEL, we are able to apply more complex, AiBB's DISRUPTIVE TECHNOLOGY contextual understanding to the crypto realm in a way that provides users with a true advisor/ assistant rather than a pre-programmed bot for rudimentary answer-finding.

Outside of our core proprietary Ai Technology, we layer some of the best technology protocols available like instant payment and asset management. Our goal is not to reinvent these technologies, it is to leverage them and combine the best ones, optimize them, and to deliver a seamless and intelligent user experience that makes traders more successful.

BLOCKCHAIN

MODULES THAT UTILIZE A BLOCKCHAIN:

1. TOKEN SALE

The tokens used for our token sale are designed on ERC20 platform. The platform allows for fast processing speeds of transactions and greater security due to programming loop protocol. We will change to SYSCOIN’s blockchain to allow for greater numbers of transactions and improved transaction speed in the next phase.

2. TOKEN SWAP

A straightforward module which allows our users to swap their tokens with a contact within the app. The Token Swaps are time stamped and placed on the blockchain with the following information: tokens swapped, amount, wallet addresses and AiBB's unique identifier code. The users' personal information is NOT stored on the blockchain but recorded on their individual app.

3. TRADE EXECUTION

This module requires a ledger to ensure data integrity and proof of confirmation that a user has placed an order. The trades are time stamped and placed on the blockchain with the following information: trading pairs, amount, wallet addresses and AiBB's unique identifier code. The users' personal information is NOT stored on the blockchain but recorded on their individual app.

4. SMART CONTRACT CREATOR

These contracts are mutual agreements between 2 or more parties. Using the user-friendly graphical interface, agreements can be created on the fly or choose from a predefined list of contracts. The contract will be stored on our blockchain with their pseudonymous usernames, their contract terms and AiBB's unique identifier code.

Ai ASSISTANT

Built into the core Application Layer is a state-of-the-art Ai Assistant.

The Ai Assistant accessible via voice or chat, considers data sources from all the modules in the Analytics Layer. If the Analytics Layer is unreachable, there are fail safes in place to look at other verified web points to gather data.

After retrieving data, the Ai Assistant cross-references to the Analytics Layer and verifies data, then assesses findings to provide insights and live info. Verification occurs several ways, depending on the task the assistant is performing.

From a technical standpoint, the listening, learning, and looking Modes communicate with one another to return the best answers, each with its own features.