Welcome to the world of automated machine learning and artificial intelligence – AML-AI. Cryptocurrency is the vanguard of the world’s financial market, with new technology created daily to give day traders a qualitative and quantitative edge in the market for greater returns. Although technology has been a helpful tool for sifting through large data for a more accurate market prediction, there is the need for a newer technology to decipher information quicker than the human capabilities. AI machine learning is the answer to the precincts of cryptocurrency as it is able to decipher big data through series of complex algorithms to make an instantaneous trade or sell decisions based on predefined rules.
But the use cases of AI doesn’t stop with trading, as matter of fact, that is just a very small of part of the greater picture. The convergence of AI and blockchain technology is the perfect synergy to the biggest power house that will change the way we view technology in every aspect of our life and not just cryptocurrency. Blockchain as a decentralized system is the best platform that AI need to spread its wings; from smart contract and KYC, to finance, hospitality and healthcare to tracking corruption and money laundering across international border lines, visa procurement, immigration, and aeronautics, the use of AI on the backbone of blockchain is just beginning.
Some companies working hard to bring this technology to your doorstep are:
Disclaimer: The purpose of this list is not to pick the ” best ” cryptocurrency. The fundamental purpose of this list is to encourage community engagement and intellectual debate among the supporters of different cryptocurrency projects. We provide a third-party platform that hopefully makes people think. Too many times people are blinded by the community enthusiasm in official social media channels of individual projects and fail to see through the veil. By bringing supporters of different projects together, we hope to unravel the actual value and sentiment of each project via civilized debates. p.s. Nothing in this article should be treated as financial advice.
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Synapse AI is among the first that started the AI + Blockchain movement and the first Decentralized AI Network that enables contract access to data and intelligence for humans, bots, robots, and beyond. They are connecting the world and making it smarter, together.
Daneel is the future of machine learning and AI. It is an intelligent personal assistant based on IBM Watson technology which is currently, the most powerful artificial intelligence and machine learning in the field of natural language, data, and emotional analysis. It helps you manage your daily life and keeps you updated by managing your portfolio, searches, advice and analyzes the market after collecting information from diverse sources, feeds, media, and social network.
Effect AI is an Amsterdam based team which is developing an open and decentralized blockchain network that offers services in the Artificial Intelligence market on NEO blockchain. The platform is developing a network that will stimulate the creation of different AI services that is more dynamic, easy to use, and democratic than what is currently available in the market.
SingularityNet is a decentralized open protocol that allows for the coordination, discovery as well as the transaction of AI Algorithm at a scale. One of the prominent project by the team behind SingularityNET is Sophia, a humanoid robot capable or all human actions and responses, powered by SingularityNET AI Technology. They were the fastest ICO ever which managed to raise 36 million US dollars in mere 60 seconds.
- Ticker Symbol: AGI
- Token Type: ERC20
- Website: https://singularitynet.io/
- Whitepaper: SingularityNET Whitepaper
- Ticker Symbol: AGI
Matrix AI Network is an open source blockchain platform that leverages on artificial intelligence to solve the problems facing the blockchain industry. With an infrastructure reconstructed with AI techniques, Matrix AI network strives to revolutionize the user’s experience of employing smart contract by making the entire process faster, easier, more efficient and secured.
Deep brain chain is using blockchain to create a more efficient and cost-effective artificial intelligence computing platform that offers a full range of relevant services as well as products. It is a decentralized neural network and data trading platform that aims to combine the power of computing, algorithm, and data with the world of cryptocurrency.
- Ticker symbol: DBC
- Token Type: NEO
- Website: https://www.deepbrainchain.org/pc/en/index.html
- Whitepaper: Deep Brain Chain Whitepaper
- Ticker symbol: DBC
Decentralized Machine Learning Infrastructure aims to leverage unutilized data usage without extraction as well as the untapped processing power for the purpose of machine learning. The DML enables innovation from periphery by crowdsourcing algorithms from a community of developers via the marketplace.