KoCurrency’s Intelligent Algorithms for Accurate BTC Price Prediction

Jayanand Sagar | July 17, 2017 | 9:16 pm

KoCurrency’s Intelligent Algorithms for Accurate BTC Price Prediction

Jayanand Sagar | July 17, 2017 | 9:16 pm

KoCurrency is the latest Bitcoin price prediction and trading signals platform that offers more accurate tips based on intelligent prediction algorithms. Standing apart from other cryptocurrency trading insights platforms, KoCurrency makes use of KoCloud — a smart crowd, machine learning technology to gather intelligence and generate insights.

The KoCloud engine accounts user inputs, including trading patterns of the community, which combined with data streams from leading cryptocurrency exchanges including historical trends, current standing, and other information will ensure a much greater accuracy in predictions. By monitoring the trading behavior of a select group, comprising of highly successful traders, KoCurrency increases the accuracy of its machine learning algorithm.

This strategy will allow KoCurrency to reduce the time required to train the platform to start generating reliable Bitcoin trade predictions. KoCloud’s Smart Crowd technology is designed to differentiate between the inputs and rank them based on reliability. The most reliable information will be considered for training the KoCloud algorithm.

“Our belief at KoCurrency is that not all inputs are created equal and therefore KoCloud and our underlying technology is designed to filter inputs based on the historical track record of the user those inputs are associated with.”

KoCurrency uses a proof based model, quite different from other conventional models out there at the moment. While other models consider indicators like the number of shares, likes, etc. to validate the reliability of any data, KoCloud’s decision making is based on solid “proof”, which can be obtained only by analyzing the users’ activity over a period of time.

The data collected by KoCurrency is made available by users voluntarily to the intelligence contracts. In return, they will receive KoCoins, the platform’s native cryptocurrency. These KoCoins can then be converted to Bitcoin, to realize its monetary value over KoCurrency Exchange.

Those who are not interested in earning KoCoins through their contributions can opt to participate in the ongoing KoCoin initial token injection. The cryptocurrency acts as access tokens, voting tools, data collection tools and as the underlying fuel to add value to the platform.

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NewsBTC is a news service that covers bitcoin news, technical analysis & forecasts for bitcoin and other altcoins. Here at NewsBTC, we are dedicated to enlightening people all around the world about bitcoin and other cryptocurrencies. We cover news related to bitcoin exchanges, bitcoin mining and price forecasts for various virtual currencies.


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