Blockchain

Chatbots, Fraud Detection, Robotics in Industry (and More) – This Week in Artificial Intelligence 11-04-16

Published

5 years ago

November 4, 2016

Republished by Plato

Chatbots, Fraud Detection, Robotics in Industry (and More) - This Week in Artificial Intelligence 11-04-16

1 – Carnegie Mellon Receives $10 Million From K&L Gates To Study Ethical Issues Posed By Artificial Intelligence

Carnegie Mellon announced that it will dedicate a $10 million gift from the K&L Gates Foundation to the establishment of a new K&L Gates Endowment for Ethics and Computational Technologies. Carnegie Mellon President Subra Suresh expressed gratitude for the grant, commenting on CMU’s work ahead:

“It is not just technology that will determine how this century unfolds. Our future will also be influenced strongly by how humans interact with technology, how we foresee and respond to the unintended consequences of our work, and how we ensure that technology is used to benefit humanity, individually and as a society.”

The foundation will support new faculty chairs, three new Presidential Fellowships for doctoral students, a biennial conference, scholarships to recognize undergraduate students’ achievements in the artificial intelligence and related fields.

(Read the full press release on Carnegie Mellon University News)

2 – Citi Ventures Deploys Machine Learning And Artificial Intelligence With People

Citi Ventures, responsible for investments in innovative technologies and companies, is making an investment in Feedzai, a machine learning company that specializes in real-time fraud protection. The investment parallels with Citi Global Innovations Labs’ active interests in applications of machine learning, artificial intelligence, and big data analytics. Ramneek Gupta, managing director and co-head of investing for Citi Labs, commented on the symbiotic relationship of pairing AI capabilities that enhance the human role in directing AI as Citi and other financial institutions seek to better protect consumers.

(Read the full article on Forbes)

3 – Companies Rally to Build Chatbots for Messaging Services

The pursuit of pioneering smart virtual assistants and chatbots is trending across industries, and more than 33,000 new bots have been created since Facebook opened its Messenger service six months ago and invited developers to build them on the communications platform. A primary objective for current developers is to build a more natural interface between machines and humans – an assistant that’s not too human and not too robot-like. Stan Chudnovsky, vice president and head of product for Messenger at Facebook, predicts that people and AI-powered chatbots will conduct complex dialogs in the next two years. Chatbots are still in their infant stage, with companies like ADP working with social anthropologists and copywriters to help improve chatbot behavior.

(Read the full article on The Wall Street Journal)

4 – Will Self-Driving Trucks, Now A Reality, Unseat Truck Drivers?

While autonomous cars have gotten more than their fair share of attention from the media, self-driving trucks and big rigs have made a more veiled emergence in the hands of researchers and entrepreneurs. Uber recently acquired Otto, which developed self-driving big rig technology. Alain Kornhauser, Head of the Autonomous Vehicle Engineering program at Princeton University, notes that long-haul trucks are well suited for self-driving technology – they drive mainly on well-marked highways, which are generally smoother and free of pedestrians. He believes self-driving trucks will be in use within a decade, but it’s likely those trucks will still have a human driver at the wheel – in case something goes awry.

(Read the full interview on NPR)

5 – Robots Help Position Interventional Needles

A new robotic arm will help physicians reduce the time spent placing a needle for biopsy from an average 30 minutes to 5 minutes. The arm was developed by researchers from the Fraunhofer Institute for Manufacturing Engineering and Automa-tion IPA’s Project group for Automation in Medicine and Biotechnology PAMB and the Fraunhofer Institute for Medical Image Computing MEVIS and is being shown at the MEDICA trade fair in Düsseldorf from November 14 to 17. This more efficient human-robot collaboration provides other benefits, such as reducing the amount of radiation exposure to both patients and doctors from the X-Ray used to help insert a needle into tissue. Researchers predict the arm will be in the market in three years.

(Read the full article on Science Daily)

Image credit: Government Technology

Source: https://emerj.com/chatbots-fraud-detection-robotics-industry-week-artificial-intelligence-11-04-16/

Related Topics:blockchain citi Companies conference entrepreneurs Facebook fraud Government Investments Press Release Technology Wall Street

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Machine Learning that Learns More Like Humans, an AI Lip-Reading ‘Machine’, and More – This Week in Artificial Intelligence 11-11-16

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Blockchain

Solana, Polkadot, Algorand: What is the Bitcoin effect on these altcoins

Published

44 mins ago

September 20, 2021

Republished by Plato

With the market trading in red today pretty much all coins including Bitcoin and Ethereum are falling. However, there are some coins that made excellent gains in the last 2 months which are now facing huge price falls as well.

Which alts though?

Solana, Polkadot, and Algorand were three altcoins that successfully rallied between July and August. Polkadot rose from $12.34 all the way to $34.45 registering a 214.33% growth. Similar gains were observed for Algorand as the coin breached $2 and marked a 230.26% rise.

The most gains were seen by Solana holders though mainly because the altcoin shot up 713.94%. An increase this high was the result of the NFT hype which took it up from $26.68 to $191.07

Solana’s 713% rise | Source: TradingView – AMBCrypto

In fact, Solana and Algorand even registered new all-time highs during this time period. But each of these coins is now observing significant price falls as well.

In the last 24 hours ALGO fell by 15.26%, DOT came down by 14.37% and SOL lost 16.8% of its price as of press time.

A huge reason behind this fall is also their exhausted momentum since even after the September 7 fall, DOT and ALGO witnessed another price rise before they finally hit a slowdown.

Algorand’s 15.26% drop | Source: TradingView – AMBCrypto

Owing to this investors are possibly getting rid of their holdings in both spot and derivatives markets. Sell volumes at the time of this report have increased and liquidations rose to millions for all 3 altcoins. Since SOL gained the most, it lost the most as well and its liquidations touched $25 million.

Solana liquidations at $25 million | Source: Coinalyze – AMBCrypto

Can Bitcoin save them?

Well since Bitcoin’s price movement commands the market’s movement it is obvious that BTC needs to reduce losses first. But more importantly, these assets’ correlation to Bitcoin will determine how much they will be affected by BTC. Right now Algorand is at the lowest at 0.57, followed by Solana at 0.7, and at the highest is Polkadot (0.88)

However, surprisingly, investors are most positive about Algorand of all three hoping for a recovery soon.

Investor sentiment | Source: Santiment – AMBCrypto

Once Bitcoin and Ethereum change their movement, other coins would follow suit. And that’s when some recovery can be expected.

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Source: https://ambcrypto.com/solana-poladot-algorand-what-is-the-bitcoin-effect-on-these-altcoins

Blockchain

Kraken Daily Market Report for September 19 2021

Published

1 hour ago

September 20, 2021

Republished by Plato

Overview

Total spot trading volume at $598.4 million, the 30-day average is $1.36 billion.
Total futures notional at $223.4 million.
The most traded coins were, respectively, Bitcoin (-2.2%), Ethereum (-3.1%), Tether (0%), Solana (-9.9%), and Cosmos (+8.8%).
Cosmos continues its hot streak, up 8.8%. Also strong returns from OMG (+10%).

September 19, 2021 $598.4M traded across all markets today Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD
BTC $47237. ↓2.2% $159.9M	ETH $3328.3 ↓3.1% $112.5M	USDT $1.0001 ↓0.01% $66.5M	SOL $152.62 ↓9.9% $39.4M	ATOM $44.205 ↑8.8% $34.8M
ADA $2.2816 ↓3.7% $33.9M	DOT $33.828 ↓2.9% $28.0M	USDC $1.0 ↓0.01% $19.8M	ALGO $1.975 ↓4.8% $16.0M	XTZ $6.5085 ↑1.1% $16.0M
XRP $1.0480 ↓2.5% $11.6M	LINK $27.364 ↓3.3% $8.56M	DOGE $0.2329 ↓3.3% $7.51M	LTC $181.89 ↑0.24% $7.26M	OMG $9.6562 ↑10% $6.8M
KSM $400.45 ↓4.2% $6.65M	EOS $4.912 ↓9.9% $4.86M	CRV $3.0345 ↑5.8% $4.84M	BCH $610.63 ↓3.2% $4.79M	DYDX $14.288 ↓12% $4.55M
MATIC $1.3112 ↓4.1% $4.14M	XLM $0.3134 ↓2.7% $3.04M	MOVR $387.12 ↓2.1% $2.95M	MINA $5.38 ↑1.7% $2.88M	ZEC $133.55 ↓3.8% $2.77M
TRX $0.1037 ↓2.0% $2.4M	AAVE $339.02 ↓4.5% $2.29M	SC $0.0180 ↓5.1% $2.02M	XMR $260.10 ↓4.2% $1.99M	FLOW $20.114 ↓2.9% $1.93M
DAI $1.0002 ↑0.01% $1.85M	ANT $5.9664 ↓3.2% $1.76M	MLN $123.19 ↑2.4% $1.72M	SNX $12.82 ↑1.7% $1.47M	DASH $192.81 ↓3.6% $1.32M
NANO $5.5184 ↓0.9% $1.31M	OXT $0.3665 ↓2.7% $1.29M	ETC $55.316 ↓2.8% $1.26M	SRM $9.8570 ↓8.9% $1.23M	KAVA $6.0120 ↓4.3% $1.09M
CQT $1.193 ↓2.6% $907K	ICX $1.7976 ↓6.7% $837K	SDN $5.84 ↓2.7% $819K	KEEP $0.4473 ↓6.4% $809K	UNI $23.906 ↓2.3% $807K
WAVES $27.5 ↓5.1% $798K	KAR $9.941 ↓11% $790K	FIL $83.437 ↓1.0% $725K	YFI $32933. ↓2.6% $649K	COMP $392.7 ↓2.1% $599K
QTUM $12.145 ↓3.3% $577K	OCEAN $0.7578 ↓5.7% $577K	SUSHI $12.017 ↓5.3% $513K	REN $0.8905 ↓5.9% $501K	GRT $0.8017 ↓3.4% $429K
RARI $19.69 ↓7.9% $406K	KNC $1.7345 ↓3.5% $339K	STORJ $1.3421 ↓3.9% $318K	PAXG $1763.7 ↓0.21% $305K	BAT $0.7403 ↓1.3% $269K
CTSI $0.6513 ↓3.6% $268K	AXS $63.35 ↓2.2% $245K	ENJ $1.5619 ↓4.9% $220K	LSK $3.6100 ↓0.6% $216K	ZRX $1.047 ↓5.4% $207K
EWT $10.199 ↓4.7% $197K	BAL $24.71 ↓3.9% $191K	MIR $3.6362 ↓3.0% $177K	CHZ $0.3165 ↓3.6% $156K	1INCH $2.9619 ↓4.3% $142K
GNO $265.44 ↓5.0% $141K	PERP $14.055 ↓5.7% $139K	MANA $0.7986 ↓2.8% $136K	BADGER $20.576 ↓8.8% $136K	OGN $1.0027 ↓5.0% $125K
MKR $2730.0 ↓2.9% $115K	INJ $10.950 ↑2.0% $99.1K	REP $25.857 ↓1.8% $95.5K	LPT $18.11 ↓4.2% $89.2K	ANKR $0.0947 ↓0.3% $76.3K
LRC $0.4531 ↓1.5% $71.4K	GHST $1.6867 ↓1.2% $56.2K	BAND $8.852 ↓4.2% $48.2K	SAND $0.7381 ↓4.7% $43.9K	TBTC $48240. ↓3.4% $32.5K
REPV2 $25.234 ↓3.7% $27.3K	BNT $3.923 ↓1.3% $15.5K	WBTC $47699. ↓0.4% $12.3K

#####################. Trading Volume by Asset. ##########################################

Trading Volume by Asset

The figures below break down the trading volume of the largest, mid-size, and smallest assets. Cryptos are in purple, fiats are in blue. For each asset, the chart contains the daily trading volume in USD, and the percentage of the total trading volume. The percentages for fiats and cryptos are treated separately, so that they both add up to 100%.

Figure 1: Largest trading assets: trading volume (measured in USD) and its percentage of the total trading volume (September 20 2021)

Figure 2: Mid-size trading assets: (measured in USD) (September 20 2021)

###########. Daily Returns. #################################################

Daily Returns %

Figure 3: Returns over USD and XBT. Relative volume and return size is indicated by the size of the font. (September 20 2021)

###########. Disclaimer #################################################

The values generated in this report are from public market data distributed from Kraken WebSockets api. The total volumes and returns are calculated over the reporting day using UTC time.

PlatoAi. Web3 Reimagined. Data Intelligence Amplified.

Click here to access.

Source: https://blog.kraken.com/post/11070/kraken-daily-market-report-for-september-19-2021/

Blockchain

Taker Protocol Raises $3M to Transform NFT Liquidity and Utilization

Published

2 hours ago

September 20, 2021

Republished by Plato

New York, United States, 20th September, 2021,

Taker Protocol, a crypto liquidity protocol for NFTs, has raised $3 million from a number of reputable investors to build new financial primitives into the burgeoning NFT market.

The round was led by Electric Capital, with DCG, Ascentive Assets, Dragonfly Capital, Spartan Group, The LAO, Sfermion and Morningstar Ventures participating as well.

Taker Protocol focuses on improving the liquidity available in the NFT market. Due to the unique non-fungible structure of NFTs, existing DeFi primitives are difficult to integrate into the market, resulting in significant issues in terms of overall liquidity. The value of an NFT is extremely volatile and often effectively becomes zero as no buyers can be found at any reasonable price. Furthermore, NFTs are difficult to use productively after purchase and often end up forgotten in the user’s wallet.

Taker Protocol aims to solve the worst of the liquidity issues. Allowing lenders and borrowers to liquidate and rent assets that aren’t cryptocurrencies creates new liquidity streams and opportunities. For Taker, these assets will include NFTs, financial papers, synthetic assets, and much more.

The TKR token defines membership in the Taker DAO, which has several key functions in the system. In addition to setting loan-to-value rates and other parameters in the protocol, the DAO will also contribute in fairly appraising a particular NFT or NFT collection. This means that each asset supported by Taker will have a guaranteed fair floor price. In return, TKR holders will be able to obtain rewards and receive a portion of platform income.

The funds received will help Taker launch the full version of the protocol across multiple chains, including Ethereum, Polygon, Solana, BSC and Near. The support of major stakeholders and participants in the NFT ecosystem will also help further development of the project.

Taker DAO contains many different Curator DAOs (Sub-DAOs), each sub-DAO will manage their own whitelist and a floor price for any NFT on their whitelist if the borrower defaults on the loan. We believe that it is best to mitigate the risks for our lenders by carefully selecting the NFT assets that our community desires and trusts the most. Aligning the interest of the DAOs with that of the lenders, we will mitigate the risk exposure for the lenders and optimize the profits for the DAOs. Moreover, each sub-DAO will have its own funds and can choose to focus exclusively on a specific type of NFT assets. For example, it could be artworks-only or Metaverse-only.

Taker Co-Founder Angel Xu comments:

“We are absolutely thrilled to welcome so many well-established investment funds to the team. Their participation heralds an exciting new phase for the protocol as we seek to address persistent problems in the NFT lending market for the benefit of end-users. This investment will enable us to further optimize liquidation of NFT assets across multiple blockchains, removing the barriers to entry that prevent new players from entering the market.”

“Taker Protocol is using an innovative approach to solve the biggest problem in the NFT space — lack of liquidity. With Taker, we are one step closer to the world where anyone anywhere can use their NFT assets to take out a loan.” (Maria Shen, Partner at Electric Capital)

About Taker

NFT DeFi: Taker is the first protocol to provide liquidity to the NFT market through a DAO. It is a multi-strategy, cross-chain lending protocol for lenders and borrowers to liquidate and rent all kinds of crypto assets, including financial papers, synthetic assets, and more. Taker provides ensured liquidity via our lenderDao infrastructure and extensions that could be integrated into NFT marketplaces.