euodiasuryani

4 года назад

SnapBots, A Platform Of AI & Blockchain

About AI

Nowadays, there are two major technological revolutions.

Artificial Intelligence (AI) is at the phase where it is going to change the way we and how society will work and function.
A blockchain that facilitates peer-to-peer transactions without mediators, secure, and low fees.

The estimated growth of the global AI market is more than $200 billion in 2020. Big data and Business Analytics market is estimated growth to grow beyond $250 billion by 2020.

According to the market research firm Tractica, in 2019, the global AI software market is expected to grow approximately 154 percent from 2018's level, reaching a forecast size of 14.7 billion U.S. dollars.

As stated by Forbes, One key measure of AI development are startups and venture capital funding. From January 2015 to January 2018, dynamic AI startups are increased by 2.1x, while all active startups are increased by 1.3x, the report states. The number of AI startups has seen exponential growth.

The AI Index also cited McKinsey's data that demonstrated the types of AI solutions being deployed in organizations.

The problem to develop AI are the team must with the specialized skill, AI has complicated infrastructure and it is also expensive.

So here is SnapBots. SnapBots will utilize blockchain technologies to generate a framework that supports a decentralized AI development community. Snap Bots will be an economical, fast and robust solution to act like the AI living in any systems.

Snap Innovations is an AI research firm based in Singapore with 9 regional offices (China, India, Vietnam, Malaysia, Dubai, Thailand, Indonesia, Australia, United States) that aims to develop bleeding edge of machine learning and deep learning.

Snap Innovations was established in 2011 to support Singapore's and China's exchanges by providing a multi-asset system and order execution to sell-side and buy-side clients.

The SnapBots Framework makes decentralized artificial intelligence services
to society in a more democratized way.
Snap AI is intended to advance on existing conditions, to improve, adjust and generate new solutions and mutations previously unimagined in the modern economy.
The SnapBots Ecosystem will provide value to the human economy by providing the necessary AI capabilities to power the new economy.

The SnapBots Ecosystem

Digital Assets

Digital assets are decentralized, trustable, traceable, highly transparent and free of mediators. Users can create, register, trade, hire, rent and disseminate assets. The asset ownership and transactions on assets are recorded in a
decentralized hyper ledger, powered and secured by the blockchain technology.

Two types of digital assets:

A. Token Asset

Token Asset is a Snap token/coin which is used as a monetary tool for trading other
assets.

B. Artifact asset

Artifact Assets Asset is an artifact created by users while developing or consuming AI
services. The artifact could also be data registered to the system. Each artifact has a unique identifier, artifact, to distinguish assets within the ecosystem.
Only the artifact owner can grant permission to other users. Permission can be
granted unlimited, or valid within a specific period, or valid per number of
permission execution.

Smart Contract

Blockchain technology equips us with a decentralized, tamper-resistant, highly reliable system in which smart contracts transactions are trackable and cannot be changed.
SnapBots Ecosystem provides a set of built-in smart contracts to encourage the exercises inside the system.

Wallet

Each Snapbots wallet has a unique ID and has its Bot. The user’s wallet can interact with the blockchain network as well as other bots. Blockchain as a base of the SnapBots Ecosystem that will enable interaction between human researchers and the AI they create.

SnapToken

Snaptoken is a tool to pay for transactions, execute smart contract and for ownership of Bots Token. Snapbots will run a Delegated Byzantine Fault Tolerance consensus mechanism.

Some Best Features:

Cryptocurrency trading bots

There are SnapTrade and SnapClick that integrated with SnapBots Framework and Ecosystem. They enable traders with multi-asset tradings with low latency.
In 2017, SnapTrade has aggregated the liquidity of 12 exchanges (and growing) and provided enhanced liquidity to more than 20 institutional clients.
SnapClick is an exclusive low latency trading platform and order management system to satisfy needs. Current partners are Tradair, DBS, UOB, OCBC, and other foreign exchange brokers.

Human Resource and Talent Acquisition Bots

Bots are well suited to improve the talent acquisition and onboarding process by streamlining and automating some parts of the workflow, especially in repetitive, high volume, and administrative tasks.

Investment Management Advisory Bots

Bots can process and interpret huge amounts of data at lightning speed and can be trained to answer client emails regarding their investments, scours the internet for the latest news, economic data and academic papers to create insightful investment reports. Handle progressively modern assignments that are less mechanical and require more ideas.

Bots can update themselves and profound learning. They can rely on for a heavy job, by scouring data to tease out patterns that remain obscure to the naked eye or human brains, matching data fitting into certain valuation metrics or trading behavior.

The AI Bots

Individuals or firms such as any asset managers, investor, etc, can use AI Learning Bots as a one-stop solution to power their decision making with AI and deep learning techniques.
The Step of a Bot phase:

1. Goal

Snaptoken can be used to purchase Snapbots. The aim is to determine the type of information relevant to situation awareness.

2. Observe

Implant SnapBots into a training environment (e.g a computer). It will undergo observation to collect data about specific tasks to be aware of the situation.

3. Learn

The deep learning process kickstarts and SnapBots begins to match the cues of the current situation with the experience case repository.

4. Deploy

Deploy SnapBots into the actual environment. SnapBots continues to observe the situation and update the results of its actions.

Improve
Depending on the result, the solution will be refined and SnapBots's capabilities are improved from time to time.
Network
Leverage on the SnapBots network to monetize your SnapBots by selling or renting it at the Marketplace.

How SnapBots make money?

Snapbots will make money with its bots engaging in activities that seek to generate profits through AI capabilities.

Trading Bots
Faceswap bots
Wealth Advisory bots
Others bots.

These bots will acquire different tokens while playing out their obligations.

This token will contribute to the pool that supports the Snapbots pool.
So assuming when we have an X number of SnapBots tokens, back by a pool of BTC, ETH, YSDT, and other tokens. Each snapbots token have a Crypto Value (CV) that can be calculated by

Snapbots token:

CV per token = Total POOL / Total number of tokens.
The Pool should be increasing over time.
A portion of the bots will consume use, for instance, we can charge a specific number of snapbots token for utilization of Faceswap or wealth advisory bots.
This will reduce the Total Number of Tokens in distribution and based on this formula.
Crypto Value per token = Total POOL / Total number of tokens
You will notice that when the Total number of token decrease the CV per token will increase.

Snapbot token holders can gain in 2 Ways.

Increase in the CV of the tokens
With increased usages of tokens, we can increase the value of snapbots tokens too as more people will want to buy and hold it

Rewards, Policy and Value Function

Mathematically, SnapBots is modeled after AIXI agents (citation). The AIXI agent is a mathematical solution to the general reinforcement learning problem.
The agent's goal is to accumulate as much reward as it can during its lifetime. More precisely, the agent seeks a policy that will allow it to maximize its expected future reward up to a fixed, finite, but arbitrarily large horizon m e N.

Prizes, Policy and Value Function

Scientifically, SnapBots is designed according to AIXI specialists (reference). The AIXI operator is a numerical answer for the general fortification learning issue.

The's operator will likely gather as a lot of remuneration as it can during its lifetime. All the more definitely, the specialist looks for an approach that will permit it to amplify its normal potential compensation up to a fixed, limited, yet self-assertively enormous skyline m e N.

Vision and Mission

Mission to discover novelty in doing thing.
Vision constitutes an over-arching goal devising AI solution for multiple fields with the incorporation of big data.

Partnership

CBX

SNAP Innovations was strategically selected as one of the key market makers for CBX for new or listed cryptocurrencies on CBX. Concurrently, CBX will be SNAP Innovations’ key strategic partner exchange for future projects and collaborations.
This strategic partnership with a vision to be at the leading edge of cryptocurrency trading.

CBX, a digital asset trading platform built by financial experts, has independent operating teams in UAE, Hong Kong, Taiwan, Malaysia, and the United Kingdom.

Here the link https://www.cbx.one/

COSS

COSS is a one-stop-shop for all things crypto: an exchange, an e-wallet which supports a broad variety of tokens, a platform for ICO launches and promotional trading campaigns, a fiat gateway, a market cap widget, and more.
Snap Innovations will be providing COSS with two key services:

Market making —Market-making activities will take place against the majority of Snap listings on COSS, and that will increase the overall market efficiency on the exchange.
Projects on-boarding — Snap Innovations will take on the role of onboarding projects from their portfolio of companies into COSS, which means more quality projects listing will be on COSS in the near future.

TomoChain

The partnership of SnapBots will be running TOMO reserves on Kyber Network to guarantee liquidity and sustainability.
TomoChain envisions to be a public chains that supports instant confirmation, near-zero transaction fee, and smart contracts via a system of 99 Masternodes which will be an ideal solution for decentralized apps, token issuances and token integrations for small and big businesses alike.
Kyber is building the decentralized liquidity network that powers instant and seamless inter-token transactions between platforms, ecosystems and other use cases including decentralized exchanges, decentralized index funds, payments and more. Snap Innovations will be deploying SnapBots’ AI Module in Kyber Network. SnapBots will ensure long term sustainability and liquidity for TOMO reserves.

Traceto

Traceto has partnered with Snap Innovations (SnapBots) to introduce an artificial intelligence (AI) module to Traceto’s blockchain-based KYC operations. The module seeks to enhance 3 main aspects: customer onboarding, link analysis, and screening.
traceto.io is a decentralized Know Your Customer (KYC) network that provides an inclusive KYC solution to cryptocurrency and blockchain product companies by fusing Smart Contract and Artificial Intelligence technologies.

Electrify

Electrify, the first decentralized electricity marketplace in Southeast Asia to address the need for transparency in the consumption of electricity, Snap Innovations as its reserve manager on Kyber Network. Snap Innovations will be solely responsible for the effective management of Electrify’s tokens reserve for long-term sustainability.

Ullink

With a partnership with a leading firm like ULLINK bring advantage to Snap customers. ULLINK’s easy and fast broker onboarding, so Snap can focus on delivering trading solutions for clients with greatly accelerated time to market while maintaining the ultra-low latency and security standards.
The NYFIX community numbers more than 1,500 buy-side, sell-side, and trading venue members, offering simple access for firms looking to extend their market reach locally or internationalize their trading activities
ULLINK as part of NYFIX, that has an award-winning low latency order routing network, already used by leading banks and brokers in the region for global connectivity.

TradAir

TradAir, an Israel-based provider of cloud-based trading technology solutions, has a partnership agreement with Snap Innovations, to develop joint FX solutions dedicated to their clients in the Asian market.
This initiative is one of many projects funded and sponsored by the SIIRD, which is a collaborative endeavor between the Singapore Economic Development Board and the Office of the Chief Scientist in Israel, to support joint projects between fintech companies from both countries.

Korn Ferry

Snap Innovations, built up its latest solution for the human resource (HR) and recruitment sector to be exclusively pioneered by Korn Ferry.
Korn Ferry, a preeminent global people and organizational advisory firm with over 70 years of consulting experience, has launched the Snap Innovation AI-powered platform, KF Advance, for members of Singapore’s National Trade Union Congress (NTUC).

With Snap Innovations’ proprietary AI, KF Advance aimed at helping job-seekers enhance the quality of resume writing. Based on independent A/B tests conducted by Korn Ferry’s product development team, the global people and organizational advisory firm revealed that HR professionals rated an astonishing 90% accuracy rate on the resume parsing capability powered by the AI algorithm developed by Snap Innovations.
Organizational leaders and human resources executives believe that merging artificial intelligence into HR functions like onboarding is to the maximal benefit of the job market.
According to IBM’s 2017 survey of 6,000 executives,
• 66 % of CEOs said: AI can drive significant value in HR.
• 50% of HR executives, saying they recognize that AI has the power to transform key dimensions of HR.