CryptovationX: Collective Intelligence

CryptovationX
CryptovationX
Published in
2 min readAug 24, 2018

When it comes to Artificial Intelligence (AI), people tend to fear that AI and machine will take over human jobs. But actually human could benefits from the rise of AI and machine by contributing human intelligence to build up collective intelligence program as described as ‘World Brain’ by H.G. Wells as a new, free, synthetic, authoritative, permanent ‘World Encyclopaedia’ that could help world citizens make the best use of universal information resources and make the best contribution to world peace.

For cryptocurrency market, spending time monitoring the real-time market on the screen could be time wasting and sometimes cause emotional or irrational decision. However, advances in computing technology allows machines to use vast amounts of data to make predictions that are often more accurate than those by human experts. Yet, humans are more adept at processing unstructured information and at recognizing unusual circumstances and their consequences.

According to MIT Center of Collective Intelligence, the combined predictions were both more accurate and more robust than those made by groups of only people or only machines. This combined approach may be especially useful in situations where patterns are difficult to discern, where data are difficult to codify, or where sudden changes occur unexpectedly.

How CryptovationX utilizes collective intelligence technology?

Collective intelligence means groups of individuals acting collectively in ways that seem intelligent. CryptovationX is integrating collective intelligence technology into our robo-advisory platform which will enable all the participant in the ecosystem (Predictor) to predict the trend in cryptocurrency market. Our collective intelligence system developed by AVA, the company specializes in AI robo-advisor for trading in stock market.

CryptovationX platform will allow predictor to predict the price of cryptocurrency which means all prediction made by predictors will be collected as a set of data that machine will learn and use that data from human intelligence to be more accurate in decision-making than human alone. By combining human intelligence and artificial intelligence, help eliminate mistakes and errors made by human. Sometimes human cannot capture flash changes in the market which could lead to poor decision-making and machine can do this job better than human does.

For example, if the question is to predict whether bitcoin price will surpass 10,000 USD by the end of 2018 or not, the AI will collect answers from predictors, combine with its own data, and suggest whether bitcoin price will go above 10,000 USD or not. CXA user will be able to utilize predictive analysis provided by every predictor and machine learning model used in the CryptovationX ecosystem to automate cryptocurrency trading. In other words, predictions in CryptovationX platform are made by both human and AI.

More Information:

Website: CryptovationX.io
Telegram: t.me/CryptovationX_CXA
Facebook: facebook.com/CryptovationX
Twitter: twitter.com/CryptovationX
Medium: medium.com/CryptovationX
Instagram: instagram.com/CryptovationX

#CryptovationX #CXA #RoboAdvisory #Airdrop

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