AIBB.io

PRODUCE THE POWER OF AI IN CRYPTO

Yooxiwelian
6 min readOct 22, 2018

Over the past few months, I have been reading and searching for many interesting ICO / cryptocurrency projects, having a big vision, a solid team, which will become the next giant company in the world. Of course, everything is based on my own opinion. Aibb.io, I believe it is one of the cryptocurrency projects. This project aims to become the world’s crypto banking assistant, namely: providing or maybe changing the way traditional banks operate with blockchain and cryptocurrency technology, opening up many possibilities that were never realized in the world banking and cryptocurrency.

Bank, Blockchain & Cryptocurrency

The idea of ​​combining, even replacing banks with blockchain and cryptocurrency is not entirely new. In fact, it was the first cryptocurrency spirit: Bitcoin. After banks and the government take a position that is not supportive of crypto currencies, at present, cryptocurrency adoption is unavoidable. Cryptocurrency and blockchain are the future, but the adoption and infrastructure prepared to embrace technology are not close enough.

Banks around the world are still trying to adopt blockchain technology, while at the same time demand for fast, low costs and safe transactions is becoming increasingly clear. VISA may be one of the fastest transaction media out there, however, more and more cryptocurrency and blockchain technology are being built to solve their scalability problems, with processing appointments of up to thousands or even millions of transactions per second.

On the other hand, there is no real or physical service available directly to cryptocurrency users where they can use cryptocurrency. For example, there are no portfolios, trading assistants for cryptocurrency users, or even if there are several projects that aim to do that.

So, to make it shorter, users cannot enjoy the benefits of fast and transparent low-cost transactions from cryptocurrency and blockchain and also cannot enjoy what asset manager banks, trade consultants and others offer at the same time. . That potential exists but there are no solutions and products built to achieve that. This is where Aibb.io comes.

About the project

AiBB is an Artificial Intelligence assistant application that incorporates AI, various Blockchain networks, smart contracts and banking into a single platform to equip our users with the decision making power they’ve never had before. AiBB gives users all the tools they need for successful trades, including a payment gateway, personalized portfolio management, trade predictions advice, groundbreaking AI chat, and AI security. Bringing state-of-the-art AI to the Blockchain promises to enhance not only trading, but the future of decentralized applications.
Cryptocurrency has become quite popular. Many are interested in investing and owning cryptocurrencies but due to lack of information, afraid of risks or it’s just confusing for them, do not indulge in the market. The investors are not all professionals and there is risk in any kind of investment. The problems faced are as follows:
• Price volatility - This situation occurs, firstly when there is a lack of accurate assessment of the underlying value of a security and secondly where there is a lack of market depth.
• Buying crypto - There is no physical element in buying crypto as they cannot covert it into hard cash in the bank account.
• Poor valuation of makes - It’s a difficult task to properly value investments in a new space. Early adopters make their way with limited tools and resources. Their investment transactions are not based on calculated, informed and educated decisions but on speculation and emotion.
• Token loss and transfer time - Transferring cryptocurrencies is stressful and has large chances of error. It is also a very time-consuming process.
• Misinformation - The current ICO market is dependent on the intelligent evaluation of a future product.

Solution

AiBB is the newest approach towards the cryptocurrency market. It is basically an Artificial Intelligence assistant that incorporates Ai, various blockchain networks, smart contracts and banking into a single all in one application to equip our users with the decision making power. It provides users all the tools required for successful trades.
An AI assistant - AiBB’s Ai assistant is designed to understand the full context of a user query. It gathers data and provides users with information prior to human users executing or performing a task. It’s ensured that data stays secure with minimal latency.
Analytics - The platform saves time by providing accurate, up-to-date information from thousands of data sources.
Alerts - This automated alert system is designed to gather information 24x7. Trader’s open positions on an exchange and tend to forget about it. When a big spike in price occurs, the user is unknowingly closed out of their position and misses out on potential profits. AiBB helps grow portfolios by just anticipating the market ahead of trade orders.
Token Authentication Protocol (TAP) - It is a tech-savvy, user-friendly way to verify details of each transaction before sending any asset. The protocol eradicates user error. The receiving app has the proper information of which asset is incoming and deposits it into the correct token wallet. If the wallet address is not generated, the app will create it and deposit the funds into the correct wallet.
A better way to trade - AiBB’s users have the ability to execute trades across multiple exchanges via a private and secure API connection. Its secure connection cuts minutes into seconds by trading directly from the application.
Trade data - Users can see the number of executed orders to get a clear picture of the buy and sell order. Getting information no longer requires logging in at every exchange and seeing the data.
Portfolio management automation - It is a module that automatically gathers information from all connected exchanges. It provides users a clear picture of what their assets are worth. This helps reduce the need to have multiple apps for specific purposes. It simplifies trading while making it smarter.
Fees - It provides a peer to peer trading platform and this reduces the fees charged by 3rd party exchanges on trades.
Payment functionality - A payment solution built into AiBB will provide our users and merchants with instant payments for goods and services via Crypto or Fiat. Users can send and receive fiat funds.
Security layer and protocols - There is always fear of assets being stolen. The platform sets up firewalls with multiple layers of security and also a learning module.

ICO information and team

The Pre-Sale begins from 25thJuly 2018. The funds will be spent on business and operations, App development and marketing. The team working on the project comprises of individuals who are experts in the fields of Artificial Intelligence, Blockchain, startups, and fintech?

Conclusion

AiBB, an incredible initiative, will be the first Ai assisted, decentralized application that facilitates a trading desk alongside a personal assistant for investors. Investors can choose from many exchanges to trade their cryptocurrencies. The platform provides high-end AI tools and easily understandable trading resources in a single, user-friendly application. This is the future of the cryptocurrency trading.

For more information Visit the following link:

Website
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Whitepaper

By yooxiwelian

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