Many people want to make money by trading Bitcoin. In a passive way would be ideal, and AI may be able to help with that concept.
The use of artificial intelligence in crypto trading is virtually non-existent.
For some reason, London-based AiX decided to experiment with this option.
It now has a Bitcoin-USD trading solution based on artificial intelligence.
This is part of the company’s long-term plan to replace human brokers with AI in the very near future.
Albeit this trial project is very limited, it marks an important milestone regardless.
The artificial intelligence system communicates with traders through direct messages.
This allows it to match clients looking to buy and sell.
By effectively removing the middleman from the equation, the service is without cost and much faster.
If this trial proves successful, support for traditional markets will follow soon.
The concept of replacing humans with AI will remain controversial.
A lot of people remain very wary of artificial intelligence, especially if their money is on the line.
That being said, this approach can unlock tremendous potential in OTC trading.
The coming years will become very interesting for the financial sector as a whole.
A lot of will change between now and the end of the decade.
Bitmine Immersion Technologies, led by Tom Lee, is continuing to build aggressively on its Ethereum…
Something interesting just played out within the Ethereum space, and it didn’t take long before…
It’s becoming more obvious by the day that Ethereum is not slowing down anytime soon,…
El Salvador is still doubling down on its Bitcoin bet, and the latest numbers show…
The World Foundation has revealed that it recently completed a series of over-the-counter (OTC) sales…
The Government of Bhutan has been steadily reducing its Bitcoin holdings this year, and it’s…