Imperial College partners with AI project to study crypto market
08/22 15:25
According to Jinse Finance, Imperial College London and artificial intelligence start-up FluidAI have announced a partnership to address "serious problems in the digital asset market." The press release pointed out that the cryptocurrency industry is currently suffering from liquidity shortages and dispersion, leading to high volatility, price declines, susceptibility to manipulation, and sudden collapses.
FluidAI CEO Ahmed Ismail said that solving the industry's liquidity problems is the main motivation for founding the company: "Traditional market aggregation financial solutions use low-latency technology, so they can achieve price accuracy very quickly. In the field of cryptocurrency, this situation does not exist due to its decentralized nature."
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