Review AiBB Architecture Technology

girlricky24 (27)in #ico • 6 years ago

Cryptocurrency trading is no longer the domain of professional investors or fund managers. A recent survey by Postbank found that one in three Germans are interested in the space for investment, a potential trader market of nearly 30 million in one country alone. Among 18 to 30-year-olds, the figure reaches almost 50%.

Certainly, these investors are not all professionals, and any kind of investment comes with risk. Stabilizing and growing the market means harnessing these potential investors but also catering to their needs and lowering their risks.

Cryptocurrency trading comes with a steep learning curve given the many sources of contradictory information making it challenging for new investors to enter the space.

Despite this information overload, or perhaps because of it, interest in cryptocurrency trading has blossomed.

In the first six months of 2017, the cryptocurrency trade increased more than ten times. Currently, there are well over fifteen hundred different cryptocurrencies and over ten thousand different exchanges. The total cryptocurrency market reached $800 billion in January 2018 and is estimated to pass the $1 trillion mark by the end of the year.2

AiBB facilitates even more growth in the cryptocurrency market by bringing together reliable trade data, news, security and public education. We want every individual involved in the cryptocurrency space empowered with the right tools and understanding of their investments on a secured, reliable and decentralized platform.

AiBB is set to be the first Ai assisted application that will grow to become a completely decentralized platform that facilitates several functions and removes the need to trust 3rd party applications altogether. Users will be able to execute trades across some of the most liquid and secure cryptocurrency exchanges, preventing the destabilization that can occur when a single exchange is forced to absorb a high-volume transaction.

AiBB’s ARCHITECTURE

AiBB's architectural design is based on a modular structure interacting within various layers.

Ai is at the core of each layer and by combining centralized and decentralized elements, we are able to achieve:

· A trusted, secure and fast connection

· A stand-alone decentralized application

· Ability to record selected data on the blockchain

Three layers form the basis for communication and analysis that serve users:

· Analytics Layer

· Application Layer

· Exchange Layer

Within each layer, different modules collect information from external data sources and include features that improve functionality and enhance user experience.

ANALYTICS LAYER

What smart Ai does best is reliable data cleaning. It assesses information that has been sorted, verified, and tagged, allowing the system to trust the input sources only when data has been corrected, with incomplete, corrupted, and inaccurate files excluded.

Our Ai can discern between outliers or incorrect data and return reliable results to users. Individuals may spend hours digging through all their data to achieve the same results.

Appropriate training of an Ai based system can be both human- and system-inferred as substantial amounts of data are gathered over time. The Analytics Layer allows AiBB to draw parallels between two competing points of information:

· How users are asking for information and making decisions.

· How data is structured and curated across multiple sources.

Independently, analysis of each of the points above provides basic value. Analyzing existing user interactions can show how users ask for information and what areas are being served. Analyzing data structure shows how to store and serve data back to users. Using both approaches, the Analytics Layer gathers clean and consistent anonymized data. It correlates and prioritizes data points into actionable intelligence, culminating in users making quicker decisions.

EXCHANGE LAYER

The Exchange Layer is a stand-alone layer that operates as its own exchange.

This layer is connected directly to other exchanges and facilitates trades, order matching and order routing in its backend.

This process takes into consideration factors like liquidity, token price, order book, exchange fees, and withdrawal fees in order to execute trades.

Like the other AiBB Layers, the Exchange Layer gathers information from multiple data sources and centralizes them into a single action point where the trade is made without the user having to engage with multiple exchanges, sort through prices and maintain accounts on all of them.

This powerful layer gives our users the best offer price through trade matching and by leveraging the liquidity of other exchanges.

Ultimately, the Exchange Layer and the Layer System, in general, centralize data that is currently decentralized, making information accessible and reliable. It allows a single point of interaction so users can be assured they are using the best exchange for their transaction.

APPLICATION LAYER

The Application Layer is the heart of AiBB, a decentralized platform that operates as a stand-alone native app. As a stand-alone system, the Application Layer does not rely on outside connections in order to function.

With that said, it connects to many data points to gather information - it pulls information from the Analytics Layer for information and the Exchange Layer to execute trades.

However, the app was designed to act as a central point of information, so that thousands of sources do not need to be consulted from the application for each and every question.

Fail-safe protocols are in place in case the Analytics Layer is unreachable.