The Next Big Thing- AGATE introduces AI in the crypto asset management for users

Rahul Kumar
3 min readAug 24, 2018

--

If you’ve been lately thinking about how AI can be beneficial for crypto asset management and whether it can crack the market of crypto or not, then you’re not alone. Many blockchain enthusiasts, wealth managers, and ‘AI Geeks’, as we call them, are trying to decode this mystery that is worth solving.

Riddle or enigma, you say.

The mélange of AI and crypto asset management is here to amaze the whole world — Thanks to Agate!

Imagine an AI bot to assist you with the asset management -Agate AI engine decision-making algorithms and machine learning to advise the end users for profit-making. AI has been a trend for a while now, Agate is setting trends by becoming one of the forward-thinkers and enabling optimal exchange of different cryptocurrencies into iFiat through an AI bot.

Well, with the number of developments in AI and machine learning, there have been a rising curiosity in and varied opinions too. Be it performing human activities, writing music, or winning poker, AI has been surprising all of us, every moment.

Although many companies and researchers have embraced machine learning and AI to be at their best, there are still many market leaders trying to solve this puzzle. Previously inaccessible due to lack of expertise and cost barriers, blockchain based ML and AI networks are now gaining good traction.

So, what are the components of an AI powered Blockchain in the asset management function?

  1. Intuitive and Modern interface
  2. AI-based data analytics for wealth management and trading
  3. Convenient Infrastructure for efficient trading through brokers
  4. Community, Networking and Market Platforms

Sentiment Analysis to enter the world of Crytpo Asset Management

Sentiment analysis revolved around crunching pylon of textual data like blogs, comments, video transcripts, and social media trends/comments, to determine the market’s stand on any topic- be it positive, negative, or neutral. This kind of analysis helps crypto asset managers in understanding ho market views a particular brand/product.

With the consistent rise of quantitative and passive trading, social media, news, and trends are undoubtedly driving the risk and investment management processes. This stands even more true in the Cryptocurrency market where most of the individual investors invest their money. Per a recent study, even Bitcoin price is directly proportional to the social media’s sentiments.

AI in crypto asset management is also leveraging the persona matching protocol, wherein, every user receives a personal digitally — for which, the system looks for an efficient bank or broker offering the deliverables that match with the persona. By doing this, the liquidity providers can easily optimize their specific activities and can save costs.

Now that’s something more exciting than the crypto asset management itself, isn’t it?

TraneAI, for example, is trying to unlock the potential of distributed computing in order to speed up the various machine-training approaches and processes negating the huge centralized infrastructure.

AI, In Crypto Asset Management –To grow leaps and bounds?

The best part about AI coming to the crypto asset management is, traders have access to opinions and insights that are extracted from huge amount of data — And a single human mind cannot process this data in a go.

With many effective platforms coming to the market every day, it’s safe to say that AI entering into the asset management is a good sign. But with the increasing popularity and great accuracy, only time will tell the growth or stagnancy of this technology. Wait for it!

To find out more, visit https://www.agatechain.org/ Read the white paper here.

Media contact:

Name: Hamed Taghvaei

Email: media@agatechain.org

Investors contact:

Name: Nathan Sabherwal

Email: investors@agatechain.org
TG Group: https://t.me/AgateChain_Group

--

--