Algowave and Endor have teamed up to offer users with powerful coin predictions within the app. This partnership reportedly generated cryptocurrency coin predictions at a success rate of over 80% by harnessing the Social Physics theory invented at MIT. Both the companies have further decided to enter in a 24-month collaboration.
Algowave is an unconventional decentralised system that aims to revolutionise crypto-trading and make it more reliable and effective. The integration of a profitable trading algorable enables it to identify trends and indicators, determine opportunities, and implement them to optimise traders profit-earning abilities. The app is available for download at http://bit.ly/2BJeXzg. It predicts the performance of a particular coin in the coming weeks and has reported an accuracy rate of 80%. If you’re wondering why the company doesn’t use this information only for themselves: there are likely still other factors at play in creating a well-performing fund. The above data, however, may prove very useful.
Endor allows users to ask a predictive question and obtain automated and accurate predictive answers while ensuring optimum users privacy and zero data disclosure. It is also referred to as the Google of predictive analytics that is backed by social physics technology and machine power. Endor integrated its dedicated coin signified as EDR on Bittrex. Endor Software Ltd has some notable achievers in its team including the likes of:-
- Professor Alex Pentland is the Co-founder of Endor. Alex is also:
- Member of the U.S. National Academy of Engineering
- Leader at the World Economic Forum
- Director of the MIT Media Lab Entrepreneurship Program
- Winner of the DARPA Network Challenge
- A founding member of advisory boards for Google, AT&T, Nissan, and the UN Secretary-General
- Publisher of books “Social Physics” and “Honest Signals”
- Cryptographer Stuart Haber is an advisor at Endor. He had invented the ‘first blockchain’ back in 1995, 13 years before the invention of Bitcoin.
- Professor Alexander Liptop is also on the advisory panel. He is a member of MIT and partner at Numerai. Alexander has headed quantitative departments at the Bank of America and Merrill Lynch.
The collaboration between Algowave and Endor has evidently opened new possibilities in the crypto trading realm, and firms across the globe are looking to integrate the two technologies on their platforms. CoTrader also envisions to leverage the potentials offered by Algowave and Endor and strengthen its core operational area. It is basically a blockchain-based platform that proves fund performance in order to bring stability and reliability in the crypto-trading activities.
The platform is currently planning to obtain Algowave-powered funds on the mainnet.cotrader.com to offer a more reliable and efficient trading ecosystem for its users. The platform envisions to become the first blockchain-powered investment fund system that ensures proof of past ROIs, easy deposit and withdrawal of funds, transparent fee structures, etc. It enables investors to participate in various crypto-trading activities with the assistance of experienced fund managers and obtain guaranteed ROIs. Moreover, it also offers fund managers profitable opportunities to earn monetary benefits depending on their performance.
The fundamental aim of CoTrader is to democratise the global fund market that currently values at USD 85 Trillion, and is expected to hit USD 145 Trillion in 2025. To accomplish this objective, the platform plans to harness the potentials of Algowave and Endor. Through this integration, CoTrader intends to empower fund managers to leverage Algowave predictions with their insights and optimise the possibilities of best ROI performance.
Disclaimer: This is a paid press release. Readers should do their own due diligence before taking any actions related to the company, product or service. BitcoinAfrica.io is not responsible, directly or indirectly, for any loss or damage caused by or in connection with the use of or reliance on any content, product or service mentioned in this press release.
UTU – the first African Blockchain Startup to announce IDO on Binance DEX
PRAGUE / NAIROBI / VADUZ, LIECHTENSTEIN Sep 20 2019 — Æ Ventures, an investment company that provides initial funding, acceleration, and advisory support to blockchain projects, today announced that Starfleet graduate UTU Technologies, a Nairobi-based company building a trust infrastructure for the sharing economy on æternity blockchain, is launching an IDO (Initial DEX Offering) on Binance DEX.
UTU will launch its IDO on Binance DEX at Æternity Universe One, the first conference dedicated to the Æternity Blockchain’s growing ecosystem taking place September 20-21, 2019 in Prague. While IDOs are a fairly new concept, they are growing in popularity due to their independent nature, as they are independent of Binance and are 100 percent self-organized by the token issuer. UTU’s decision to employ this new funding measure is rooted in the company’s core values of trust and innovation.
UTU delivers proprietary trust recommendations to decentralized applications with the aim to disrupt anonymous star ratings and reviews, which are the current standard for discerning trustworthiness of digitally contracted service providers. The goal is to transform the online services industry by tokenizing the acquisition of users and data and creating a safe space to securely store and govern data access while providing monetary incentives for endorsing trusted service providers. UTU’s technology runs on a graph database, powered by machine learning, that is adapted for each user’s unique preferences and trust model. Therefore, in operation, UTU’s API seamlessly serves up personalized recommendations for trusted service providers on sharing platforms to drive conversion, satisfaction, retention and viral acquisition.
UTU’s technology is particularly useful for establishing trust for P2P e-commerce, P2P lending, and online professional services. For example, fintech platforms can use UTU to evaluate credit risks with little or no formal data, helping them to better understand the correlational risk to their portfolio. Online professional services like content and copywriters can use UTU to build trust and relationships, therefore driving conversion up by 20 percent, satisfaction up by 10 percent and they can generate up to 30 invites per new user.
“From the onset, our mission has been to bring real-world trust to the digital world; and we believe conducting an IDO is the next step up toward expanding this vision,” said Jason Eisen, CEO of UTU Technologies.
UTU will also showcase its technology at this year’s Æternity Universe One conference. This milestone highlights UTU’s development since participating in Æ Ventures’ Starfleet Accelerator program where they received $200,000 USD in investment and went on to win the Startup World Cup at the Trescon Global AI Show.
“The Æ Ventures team is very proud of UTU’s success through our Starfleet accelerator program,” said Nikola Stojanow, CEO of Æ Ventures. “We share UTU’s vision of providing a safer, more trusted digital world, built around relationships; and we are happy to support their efforts to build a solid blockchain ecosystem in Africa.”
Disclaimer: This is a press release. Readers should do their own due diligence before taking any actions related to the company, product or service. BitcoinAfrica.io is not responsible, directly or indirectly, for any loss or damage caused by or in connection with the use of or reliance on any content, product or service mentioned in this press release.
BIAN Announces National Campus Blockchain Hackathon Focused on Sustainable Growth
The Blockchain Industry Association of Nigeria (BIAN) – formerly Nigeria Blockchain Alliance (NBA) – in collaboration with the National Information Technology Development Agency (NITDA) announces the National Campus Blockchain Hackathon focused on sustainable growth. With the successful launch of Campus Blockchain Hackathon in five (5) Nigerian universities, the Blockchain Industry Association of Nigeria (BIAN), the brain box behind the Campus Blockchain Development Programme is concluding the pilot stage of Campus Blockchain Hackathon with a national programme.
Campus Blockchain Hackathon is an initiative of Blockchain Industry Association of Nigeria (BIAN), a sub-division of Cryptography Development Initiative in Nigeria (CDIN), in engaging the academic community on the importance of Blockchain Technology, its relevant use cases, and more specific, its adoption for innovative solutions. The Hackathon aimed to give Nigeria University students early exposure to the career and business opportunities being presented by the Blockchain/DLT digital innovations in order to domesticate the knowledge and skills for sustainable national development.
The two-day event will bring together developers, enthusiasts, stakeholders, and students from the various teams that participated in the subsequent hackathon hosted by the initiative. With the theme; “Blockchain Innovations for Sustainable Growth,” the event is scheduled to hold in Nigeria’s federal capital territory, Abuja, on 24th and 25th of September, 2019. The National Campus Blockchain Program is proudly sponsored by Jelurida, IBM, and Nile University of Nigeria. Virtually everyone will agree, Technology can play a vital role in achieving sustainable growth. The blockchain is one of such that can help accelerate this progress. Just like the arrival of the internet which launched us into an era of technological change, the blockchain is a cutting-edge technology that possesses similar potential to redefine and transform every sector.
Through this project, the Campus Blockchain Hackathon seeks to harness innovation, by providing blockchain literacy, inclusion, skills and proffer long term solutions to critical problems towards the sustainable growth we desire.
Commenting from BIAN’s office in Abuja, Mr. Adeolu Fadele, President of BIAN said: “Education is the bedrock of any country’s development; the educational system of any country is considered as the cornerstone for meaningful achievements. The element of continuity and change remains hinged on education. Therefore, even though there is evidence of improved public understanding, increasing mainstream interest, and the emergence of startups that are building practical solutions using the blockchain technology in Nigeria today, however, all these cannot be considered to be true development until the learning institutions are carried along in a structured and sustainable manner.”
Campus Blockchain Hackathon began in October 2018, at the foremost Covenant University, Ota, Ogun State, with over 1000 participants from the first day, undeniable evidence of Nigerian students’ growing interest in emerging technology as Blockchain Technology. After which, the project reached Ahmadu Bello University, Zaria; Kwara State University; Federal University of Technology, Akure, and the University of Nigeria, Nsukka.
Speaking ahead of the event, Mr. Kayode Babarinde, National Coordinator, Campus Blockchain Development Programme said: “The enthusiasm and participation of students across the five (5) universities in which Campus Blockchain Hackathon has been successfully held, has demonstrated that student culture in Nigerian universities goes beyond the norms of obtaining the degree and getting a good job. They are beginning to think outside the box and see real value in emerging technology as Blockchain. With the National Hackathon, we can look forward to mind-blowing innovations.”
The National Campus Blockchain Hackathon will also explore and fuel insightful discussions around key areas by featuring keynote sessions, panel discussions, learning, networking amongst others. The Program is Chaired by Mr. Kashifu Abdullahi, Director General, at the National Information Technology Development Agency (NITDA).
The event is open to entrepreneurs, software engineers, blockchain developers, start-up founders, business/tech consultants, government stakeholders and as well as individual with a keen interest in the field of blockchain.
For registration and further details please refer to the event website: www.bit.ly/nationalcampushack
MEETUP: September 21, 2019 OKEX Brings the CryptoTour Africa 2019 to Kenya
OKEx, the Malta-based mega crypto exchange, will be holding a meetup in Kenya, on September 21, 2019, featuring key speakers in the blockchain and crypto space in Kenya.
OKEx is looking to introduce its mega crypto exchange in the region to enables traders to margin trade for a profit.
The OKEx Cryptotour Africa 2019 will cover four African countries namely:
- South Africa
The upcoming CryptoTour Africa 2019, Nairobi Edition, meetup will feature:
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