BlockBank & SKAEL Sign Exclusive Partnership Bringing AI Advisory To Crypto Industry
SKAEL’s AI is being used by companies like Google, Oracle, Asurion and many other enterprises.
We are thrilled to announce that BlockBank has signed an exclusive partnership with SKAEL, the San Francisco-based technology company offering the leading hyperautomation platform for creating and deploying Digital Employees. Both companies are joining efforts to harness the power of the latest AI technologies to deliver state-of-the-art user-centric solutions to cryptocurrency industry.
BlockBank and SKAEL teams are working on developing and adapting existing and patented AI to the blockchain and crypto industry needs. Currently, SKAEL’s AI is being used by companies like Google, Oracle, Asurion and many other large and medium-sized enterprises. This means that BlockBank is going to provide its users a well-tested and extremely reliable product with a wide range of capabilities.
“Its important for us to partner with the right people, figure out if our visions and our goals align and make sure we are targeting the end result properly. Kelghe D’cruz, Darren Blockbank and Anastasija Plotnikova, I’ve known them for a while now, very trustworthy people to go generate an end result” said SKAEL Founder and CEO, Baba Nadimpalli. “We partnered with the right team to go breakout into the cryptocurrency world and thats why we partnered with BlockBank exclusively” he added.
The upcoming V2 of the application will include a wide variety of features that will benefit newcomers in the industry as well as veterans of crypto. Both tech teams are currently working on the integration and testing of stage 1, training the AI and selecting the relevant data sources.
There are still many barriers to entry into the crypto market safely, meaning being well informed, avoid being scammed or rugpulled, and just fully understanding the market trends, actual risks and having full information on the project, smart contracts. Having a fully functional AI assistant will enable every user to make decisions being fully informed and in line with the particular risk tolerance.
BlockBank’s Intelligent Assistant will be deployed in few stages but we can identify two main major ones among additional features:
- Providing comprehensive and actionable advice per request (via in app chat or by voice command using natural language processing). This will allow you to invest, follow market trends, receive notifications and insight from social media and exchanges. What does it mean in practice? It massively reduces the amount of time users need to spend on research and allows them to make decisions quickly and efficiently. — This will involve multiple stages of deployment with different features being added over time. Importantly, this AI assistant is user centric, processing countless data sets into actionable insights and constantly learning.
- Portfolio management and investment. These features will be enabled upon partnering with the license holders or receiving relevant licenses as a company. At this stage the AI will become a fully-fledged robo advisory service that will allow automated order management and execution, portfolio creation and management and many other features.
This is the first article in the series covering AI and its applications in our app, future plans and roadmap.
Stay tuned,
Kelghe D’cruz
About SKAEL
SKAEL’s mission is to deliver better user-centric outcomes through intelligent cognitive automation, empowering a synergistic human digital workforce. SKAEL’s Digital Employee technology maps to any organization’s existing processes, onboarding and completing tasks in minutes. The company is headquartered in San Francisco and is backed by leading firms including Bonfire Ventures, Daher Capital, Backend Capital, RIDE Ventures, StratMinds VC and Buffalo Ventures.
To learn more about SKAEL, please visit www.skael.com
About BlockBank
BlockBank is developing an AI-powered, traditional mobile banking experience with seamless crypto integration.
BlockBank vision is to create an all-in-one crypto application that simplifies the user experience without compromising security, privacy, or decentralization. We aim to combine the best of DeFi and CeFi worlds in one place, incorporating patented AI technology to bring financial empowerment to clients.
To learn more about BlockBank, please visit www.blockbank.ai or join our Telegram group here.
