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The Perils of AI-Assisted TradingThe advent of artificial intelligence heralded a new era in both data processing and the utter diminishment of human critical thinking and information analysis. The ability of AI to process vast amounts of information makes it an ideal instrument for the identification of possibly beneficial grains of data that can be used to derive insights and trends. However, the forecasting abilities of AI are extremely limited, since they rely on the information that the machine is provided with. Considering that the AI is devoid of the ability to apply critical thinking and distinguish truth and facts from garbage data, the reliability of the derivation
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Blockchain as a Streamliner of FinanceBlockchain technology was initially developed as an alternative for the traditional financial industry. Considering the many limitations of such gateways as VISA, MasterCard, and traditional banks, Bitcoin – the original cryptocurrency – leveraged blockchain as a means of accelerating transactions and eliminating intermediaries from the chain of operations. By making payments faster, more transparent, and more affordable, blockchain was conceived as an ideal alternative to international gateways and the financial infrastructure as a whole to facilitate cross-border monetary transactions. As time passed and the blockchain and cryptocurrency
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Uses of AI in Web3 and Web3.0The use of Artificial Intelligence, or AI, is slowly spreading, with new applications being discovered for the technology, and some previous ones – discarded. And while some are questioning the real-life applications of AI, others are stressing the vital role it will play in the formation of the internet of the future, or Web3. However, there are still some misconceptions about Web3, or to be more specific – about the differences between Web3 and Web3.0. The fact of the matter is that both of these technologies have some aspects in common, but are rather different, with AI being the major factor uniting them under the banner of the interne
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#STONchronicles. OMNISTON: TON Liquidity in One Service⚡️ Stonfiers! At The Gateway conference, we announced the Omniston protocol, which will solve the problem of liquidity shortage by combining TON liquidity within TON Space. It’s time to tell you more about the future protocol. What is Omniston? Omniston is a decentralized liquidity protocol that uses market makers instead of traditional liquidity providers. The RFQ mechanism will allow traders who have created a swap request to get the best price request among market makers’ offers — and then make a deal directly, without bridges or centralized services. Our smart contracts guarantee that only the transaction participants will have acce
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Web3 and Trading – The MergerWeb3 is the next stage of the Internet, as described by most tech enthusiasts and experts alike. The decentralized version of the web is predicted to be much faster, more intuitive, reliable, transparent and user-oriented than its Web2 counterpart that we are all using today. Most importantly, Web3 is supposed to be based on blockchain technology, meaning that it will be entirely decentralized and will eliminate the need for any intermediaries, thus greatly expanding the liberties of users and ensuring the security of their personal data. Web3 will be using artificial intelligence and machine learning as a basis for many of its services, t
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Blockchain Fees – The Impact on Crypto PricesThe blockchain requires upkeep in terms of both the technology base used for processing transactions and for maintaining the economic incentive of users responsible for running the networks. This means that an economy has to be in place for ensuring the uninterrupted flow of funds. Considering the speculative nature of most cryptocurrencies, they cannot be construed as a reliable means of generating stable income for the participants of network maintenance processes. As such, the only constant that can be leveraged for providing stable returns is the only element of the decentralized environment that is mandatory and fundamental for its opera