Crypto investment is that storm. With strict capital controls in place by most countries to control the flow of money and charge high taxes, cryptocurrency gained usage in circumventing capital controls and taxes, leading to an increase in demand. Cryptocurrency has been able to present an easy to use digital alternative to fiat currencies. Offering frictionless transactions and inflation control, investors have been prudent enough to add these currencies in their diversified portfolios as an asset, as the size of the market does not represent a systemic risk. Cryptocurrency employs the use of cryptography that assures high-security processes and verifies transactions personal to each user. Hence, counterfeiting and anonymous transactions are impossible to achieve.
While this revolution is gaining wide acceptance, TradeRiser, an artificially intelligent Research Assistant, that can answer simple and complex trading questions has arrived.
Now that I have your attention, let’s get right to it.
What exactly is TRADERISER?
TradeRiser is an artificially intelligent Research Assistant, that can answer simple and complex trading questions. To train the artificial intelligence we will be leveraging the blockchain to build an incentivization system, which will be supported and fed by data from a large network of quantitative analysts and researchers. A token based economy called XTI will be introduced, to incentivize researchers, for their data and contributions to the platform.
Solution
TradeRiser solves these problems through its Research Assistant that can immediately answer trading questions that a trader or investor has about the financial markets. TradeRiser’s token mechanism will keep track and compensate financial analysts for their datasets of questions, data validation, accuracy checking, suggestions and example report creation. The financial analysts can contribute in these ways to help train our machine learning Research Assistant, and be compensated accordingly. XTI is the underlying mechanism used to facilitate this ecosystem, and provides XTI holders with direct participation in advancing our “single source of truth” questioning and answering system.
Why Blockchain?
The blockchain ledger is a publicly-verifiable record that can be used to confirm that both the financial analysts and content producers on our system have been compensated for their contributions. Research consumers looking for premium reports that is in the Research Marketplace section will also have the confidence that payments have gone towards the content producer for the selected reports, with a dependable system-of-record always available as an accounting of their usage
Financial analysts are like freelancers or contractors, the blockchain allows TradeRiser to create smart contracts with the financial analysts for various pieces of work. Our commercial transactions and agreements will be executed automatically, it will enforce the obligations that the financial analysts have in a contract. It provides an automated collaborative approach for data gathering using a large diverse pool of financial analysts. The smart contract allows for the different stages of work carried out by çto be rewarded.
Costs Cutting
In bid to bring as many financial analysts and onto the ecosystem, we want to reduce the friction associated with transferring capital between parties. Friction such as clearing costs and counterparty risks, will be eliminated by using our XTI mechanism on the blockchain.
Reaching Critical Mass
One of the biggest challenges of TradeRiser is getting our Research Assistant model to reach critical mass. In other words getting it to a place, in which it can answer the majority of trading questions it’s users will have. The system needs to be trained on a large universe of question, events and market data.
Phase one addresses the way to acquire the data set of questions. This will be done by TradeRiser issuing the XTI tokens as compensation for the ongoing contributions to building the knowledge base, from which the machine learning will be done from. Once critical mass has been reached, executing phase two in attracting research consumers onto the platform will be easy. With both the research consumers and content producers now fully on the ecosystem, the research consumers will now be able to reward the content producers for their premium content and voting. This ongoing cycle will create a chain effect, thus attracting more contributors to the platform.
Why the TradeRiser project is considered so special and promising:
Maximum speed
Each client of the platform will be able to find the best trading opportunities, get answers to their questions, all information is based on professional solutions;
Opportunity for questions
If you want to get information about the cryptocurrency and trading segment, just describe your situation on the platform, the multilingual interface will allow you to get a quick and convenient answer;
Statistics
Use statistics to create and test optimal trading strategies without relying on software developers and other intermediaries. You will be able to use the statistical calculations of experienced traders;
Be aware of all the events
Get only the latest news. Intelligent analysis of news and world events data and their impact on cryptocurrencies and traditional assets will allow you to get all the necessary information;
Warning system
If you are just starting your way in the world of trading, the system will constantly notify you about the emergence of new information, statistics and other important data.
Problems faced by newcomers to the segment
It is necessary to consider a number of pressing troubles that have not yet been optimal solutions:
Difficulty in analyzing financial data
The growth of the world wide web has led to innovation in search engines. This made the Internet more accessible and simple. However, the analysis of financial data remains a complex process in which beginners find it difficult to understand.
Closed access to professional research
Often, even experienced professionals spend a lot of time to find the necessary data. But the platform uses artificial intelligence to analyze requests and quickly find appropriate answers.
Too few promising trading strategies and ideas tested
Many modern companies are based only on old, proven strategies. They do not try to discover new ways - this leads to a lack of information for new traders.
The complexity of the research
Getting high-quality financial analysis is associated with huge time costs, which is why today it is difficult to find a lot of quality information.
The maximum inefficiency
Existing services collect only superficial reports, the accuracy of which is not confirmed. This leads to the provision of poor quality information to customers.
Abundance of unverified news and researches
Project developers focus on checking the proposed information, it allows you to weed out irrelevant news.
Platform Features
Community Edition :- This is comprised of many features that will be available to the community. They are as follows, the Research Assistant powered by the community data feed, ICO ratings, market condition analysis, ICO due diligence, investor portfolio analysis, direct trading, web and mobile app.
Research Marketplace – Accessible to Token holders
Enterprise Edition :- This standalone version is accessible to financial institutions, hedge funds or corporations. This includes our API.
Current Platform: Market Fit
TradeRiser has built an alpha/private beta version of the Research Assistant, this can be accessed on request or signing up at www.traderiser.com. The alpha/private beta version focuses on forex, commodities and indices, and will allow users to ask questions surrounding the economic calendar events, technical analysis, correlation and performance and more. This version has been built predominantly for demonstration purposes and data capturing.
The intention is to transform this into powerful fully fledged Research Assistant that will accompany all corners of the trading and investing space. So far it has been seen by major investment banks and technology vendors, and has received a lot of positive feedback
For More Information:
Website : https://www.traderiser.com/
Whitepaper : https://www.traderiser.com/sites/default/files/TradeRiser_WhitePaper.pdf
Telegram : https://t.me/traderiser
Written By:
Bitcointalk Username: james_franco
Bitcointalk Profile : https://bitcointalk.org/index.php?action=profile;u=2299820
ETH Address:- 0x5284A5b1BEd1b6EdfBAE702Ea883f64d86FebFe9