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Your personal assistant in cryptocurrencies powered by IBM Watson takes the plunge!

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Your personal assistant in cryptocurrencies powered by IBM Watson takes the plunge!
Source: Daneel

The French startup Daneel is launching its first Artificial Intelligence of the same name and dedicated to helping investors and newcomers in the cryptocurrency market by providing them with advanced market data analysis. The Smart Assistant is available on the AppStore and Google Playstore.

Today marks a turning point for the French startup, Daneel, with the launch of its flagship product to the general public: a personal assistant in cryptocurrencies that promises to assist investors and beginners.

Daneel provides the most relevant data from the cryptocurrency market such as a curated newsfeed avoiding fake news, rumors and filtered according to the user’s need. The Smart Assistant is also capable of retrieving the market sentiment and emotion by analyzing millions of data from social medias, forums and crypto-specialized websites.

Inspired by their own needs as cryptocurrency investors, the team behind the project wanted to address a very real market problem, namely information overload and unreliability. From this came the idea of an intelligent assistant capable of gathering, filtering and analyzing information to make it intelligible. To achieve this goal, the team has surrounded itself and entered into a partnership with the giant IBM, using Watson, one of the most powerful AIs on the market, which allows Daneel to manage the news in an optimal way and to bring out the subjective information in a text, in particular to improve the market sentiment score.

Joseph Bedminster CEO & Founder at Daneel says:

“We believe that Blockchain and cryptocurrencies are stunning new technologies that should be within everyone’s hands. Our goal is to support mass adoption by helping novices and businesses to get on board and to provide them with the most reliable data from the market in the easiest way possible: by simply asking for it”

Jonathan Fianu, Director at PredictX [A.I] & entrepreneur says:

“The design of the Daneel beta app in particular stood out as being well styled and fluid. I see real value in the daily news feed and market sentiment update.”

Here is how Daneel will help crypto users:

  • News curation: global and per currency
  • Market sentiment: global and per currency
  • Education: through a daily learning program and by asking Daneel in the chatbox
  • Market insights: current trends and price prediction.
  • Market data: prices, volumes, basic information on currencies, ratings, best rates on exchanges, events, biggest gainers/losers.

Beyond the standard use cases through the Mobile App, the platform is also designed to benefit key stakeholders in the background such as exchanges, banks, VCs and professional traders. Overall, by providing these ‘background’ partnerships in conjunction with standard user- facing personal assistant, Daneel is not only a complimentary companion to users trading on a cryptocurrency exchange; but is already designed to interface with existing platforms that enable Daneel to have a more macro-level impact. This is possible thanks to the integration of a Daneel Widget or by using Daneel’s data flow through an API enhancing the stakeholder’s services offering.

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Press Release

BitMax.io [BTMX.com] Announces Listing of Standard Tokenization Protocol [STPT]

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BitMax.io [BTMX.com] Announces Listing of Standard Tokenization Protocol [STPT]
Source: Block72

BitMax.io [BTMX.com] has announced the listing of STPT, the native token of Standard Tokenization Protocol, a decentralized network for the tokenization of an asset.

Trading for the STPT/BTC and STPT/USDT pairs will be enabled on Tuesday, June 25th at 10:00 am EDT.

As part of the listing collaboration, the BitMax.io team will provide strategic support to the STP team throughout the platform launch.

Dr. George Cao, Co-Founder & CEO of BitMax.io, stated,

“STP is a necessary project for the overall space. Their focus on unlocking value and building an ecosystem of high-quality assets in this industry made our decision to list them very easy.”

With the listing of STPT, BitMax.io will strengthen its leading trading platform status by continuously adding solid projects, as well as provide more diversified global exposure to the Standard Tokenization Protocol.

About Standard Tokenization Protocol and STPT

Standard Tokenization Protocol’s STP-Standard is an open-source standard that defines how tokenized assets are generated, issued, sent, and received while complying with all necessary regulations. The protocol allows assets of all kinds to be tokenized in a way that makes them fully compliant across jurisdictions and transferable across any ERC20 platform.

Tokens built on top of the STP-Standard will use the protocol’s on-chain Compliance Validator to verify compliance with relevant regulations [i.e. KYC, AML, Accreditation, etc.] as well as any issuer-specific requirements [i.e. ownership concentration, holding periods, voting]. The Validator Committee will serve an advisory function to ensure the Compliance Validator is enforcing the most up-to-date legislation at all times.

About BitMax.io [BTMX.com]

BitMax.io is the industry’s next-generation digital asset trading platform that provides a broad range of financial products and services to both retail and institutional clients across the globe.

This innovative trading platform was founded by a group of Wall Street quant trading veterans and built upon the core values of blockchain, transparency, and reliability, to deliver high-quality client services and trading experience.

BitMax.io always strives to provide its global users with a comprehensive set of trading products. BitMax.io enabled margin trading on Feb. 14th, 2019. The margin trading function is another step forward from a product-offering perspective to better serve their dynamic trading needs.

For BitMax.io users who understand and acknowledge the risks involved in margin trading, they are now able to leverage their tradable asset for a potential higher return on investment through margin trading with sound risk management. The list of digital assets that can be traded on margin has increased from the initial four to 18 different tokens, even including BTMX.

It’s another pioneering move for BitMax.io to enable margin trading in its own native token. It expands the utility functions of BTMX, and incentivizes liquidity on the platform. [The margin trading function of BitMax.io is not available for North American markets.]

Similar to the innovative margin trading launched on BitMax.io, the introduction of this unique Volatility Card has again showcased the team’s deep understanding of the inner working of the capital market and their advanced expertise in financial product design.

BitMax.io Volatility Card is the first volatility-linked derivative product of this platform that allows global users to forecast and trade off price fluctuation of underlying major coins during preset time windows in a simple yet effective way. Named as Turtle and Bunny Card after Aesop’s fable – the Tortoise and the Hare, the card has a quasi-option structure for underlying trading pairs yet largely simplified payout form. Users can purchase a different card for the prediction of price movement either within a certain range [Turtle Card] or above a certain range [Bunny Card].

Those who predict the correct range of price movement will receive the payout equivalent to the notional value of the card. Volatility Card uses a simplified payout form without the complication of settlement and clearing issues common for real currency options. Users just simply select which card to purchase to trade on their view of the volatility of underlying asset either within or above a certain range.

It is easy to understand and use for all types of traders with the need for either very short-term momentum trading or partial risk hedging against outsized price swing in very volatile market conditions.

Conclusion

BitMax.io has experienced significant growth since its launch in 2018 and is deeply committed to providing a high-performance, client-centric trading platform to its global client base. Currently, the platform has over 180,000 registered users, with over 53,000 active community members. The listing of STPT not only broadens its trading pair scope but also helps to attract more volume and users to the platform.

For more information, follow BitMax.io on:

Website

Twitter

Reddit

Telegram

Medium

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