Snapbots, Innovation on AI and Blockchain
Nowadays almost all tech companies pursue AI development because artificial intelligence will be the foundations both the micro and macro economy.
Estimated growth of global AI market more than $200 billion in the 2020. Big data and Business Analytics market is estimated growth beyond $250 billion by 2020.
This market is really big. So here is SnapBots come with innovation.
SNAP Innovations create SnapBots, that use blockchain technologies to generate a framework that supports a decentralized AI development community. Snap Bots will be on economical fast and robust solution to act like the AI residing in any systems.
About Snap Innovations
SNAP Innovations Pte Ltd is an Artificial Intelligence, Blockchain, Financial Trading & Technology Solutions company. Snap focuses on areas of Artificial Intelligence, Fintech and Blockchain. Established in 2011 based on the early research work in Snap Decision Making Model, extended work on AI to various areas of Fintech and Blockchain.
Snap Innovations is an Ai research firm based in Singapore with 9 regional offices (China, India, Vietnam, Malaysia, Dubai, Thailand, Indonesia, Australia, United States). More than 10 years of expertise in deep learning, natural language processing and cognitive computing to develop an AI that removes human bias and drastically improves efficiency in resume analysis.
SnapBots will produce a core architecture called SnapBots Framework to generate a series of AI models collectively known as Bots.
Framework includes:
A. SnapBots Ecosystem is a fully managed system that permits anyone to build, train and deploy AI models in their applications and machines that require AI and its related science such as machine learning, deep learning, to power their decision making.
B. SnapBots are artificial intelligent cybernetic systems. Bots are born, trained, automated, deployed, and enhanced to serve a specific goal (i.e, problem) in difference phases of domains in SnapBots Ecosystem.
- With snap Tokens, each Bot will be unique and can be possessed by specific individual
- Blockchain as a base of the SnapBots Ecosystem that will enable interaction between human researchers and the AI they create.
The SnapBots Framework
SnapBots framework as the heart of the SnapBots ecosystem provides an environment for developers to develop their AI services and for running the AI services as for running all the transactions.
The SnapBots Framework permits deployment of AI in a much quicker and robust manner for the benefit of its community.
Users can use AI products in everyday life also will expect to achieve outsized returns when bots functioning and generating revenue.
In the initial stages, SnapBots Ecosystem seeks to provide Bots for:
The monetization of Bots will be through providing these solutions and will be gotten in the form of Snap's cryptocurrency, Snap Tokens.
Transactions may occur between Bots in the network or between external entities and Bots in the SnapBots Ecosystem.
Any transactions on the SnapBots Framework will be free to cultivate a dynamic market
Network operations will be funded democratically, via decisions of network participants to direct a fraction of newly created tokens toward entities providing and enhancing network infrastructure and associated tools. The essential market for SnapBots Framework is AI as a service.
Cryptocurrency trading bots
The snapBots Framework and Ecosystem can be integrated with platforms into Snaptrade and SnapClick to enable traders with multi asset trading 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 a proprietary low latency trading platform and order management system to meet demands. Some partners are Tradair, DBS, UOB, OCBC, and other foreign exchange brokers.
Human Resource and Talent Acquisition Bots
Some advantages for associations is the capacity to uncover brewing issues and check them from the beginning. Utilizing on constant examination and aggregated information, if a specific inquiry.
Bots are appropriate to improve the ability securing and onboarding process by streamlining and and automating some parts of the work process, particularly in redundant, high volume, and administrative tasks.
Investment Management Advisory Bots
Bots being able to process and interpret vast amounts of data at lightning speed can be trained to answer client with respect to their ventures, scours the internet for the latest news, economic data and academic papers to create insightful investment reports. Handle more sophisticated tasks that are less mechanical and require more thought.
Bots involve deep learning, updates themselves as new information is received. They can inherently be relied on for heavy cognitive lifting, 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.
Built in Smart Contracts
A Smart contract is a computer protocol intended to digitally facilitate, verify or enforce the negotiation or performance of a contract. SnapBots Ecosystem provides a set of built in smart contracts to facilitate the activities within the system.
Marketplace
The marketplace is a place where digital assets are announced and traded. Trading activities of SnapBots artifacts in the marketplace are secured.
Wallet
Snapbots team will keep generating and approving different types new bots. the Users and merchants in network can utilise these bots. Client can use the wallet bots sits that interacts with the blockchain network as well as other bots.
Tokenomics
Snap tokens are utilized to pay for purchasing, running of smart contract and gaining ownership of Bots token.
How does Snapbots make money?
Snapbots will make money with its bots taking part in activites that seeks to generate profit through their AI capabilities. such as trading bots, faceswap bots, wealth advisory bots, etc.
Partnership
Citicode
Citicode Corporation Pte Ltd, has formed a strategic joint venture with SNAP Innovation Pte Ltd. SNAP will assist in developing machine and deep learning bots in the area of artificial intelligence under the Internet of Things (IoT) capabilities.
This joint venture plans to lead new development techniques by integrating AI and IoT for the smart city initiatives including R&D, system implementation and system integration in supporting facilities management.
COSS
An MOU (Memorandum of Understanding) signed between COSS Pte Ltd and Snap Innovations. This strategic partnership was established to further strengthen COSS liquidity and efficiency, as well and bring more greater quality ventures on board. Snap Innovations will be providing COSS Market making and Projects on-boarding
CBX
CBX and SNAP Innovations forms Strategic Partnership to establish a vital organization relating to to Liquidity Management and Market Making for CBX.
CBX, a digital asset trading platform built by financial experts, has independent operating teams in UAE, Hong Kong, Taiwan, Malaysia, and the United Kingdom. SNAP Innovations specializes in customising comprehensive trading solutions for buy and sell-side clients, and possesses advanced technologies and expertise to develop, integrate and implement board subject system architectures.
Tomo
The partnership of SnapBots will be running TOMO reserves on Kyber Network to guarantee liquidity and sustainability.
Snap Innovations, a Singapore-based artificial intelligence (AI) and fintech firm specializing in trading technologies and AI research, 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.
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
Ullink has partnership with Snap, that make Snap are able to focus on delivering trading solutions for Snap clients with greatly accelerated time to market, while keeping up the ultra-low latency and security standards Snap is used to delivering for clients.
ULLINK as part of NYFIX, that has award winning low latency order routing network, already used by leading banks and brokers in the region for global connectivity. 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
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 endeavour 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 Snap Innovation AI-powered platform, KF Advance, for members of Singapore’s National Trade Union Congress (NTUC).
PARTNER
TEAM
Complete team on
https://snapbots.io/
ROAD MAP
Contact with SnapBots:
https://snapbots.io/contact.php
For more information you can click here:
Website : https://snapbots.io/
Whitepaper : https://snapbots.io/whitepaper/snapbots_whitepaper.pdf
Facebook : https://www.facebook.com/SnapBots
Twitter : https://twitter.com/snapbotsIO
Telegram : https://t.me/SnapB
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Reddit : https://www.reddit.com/r/SnapbotsIO
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