The world of cryptocurrency is in a constant state of flux. As a result, the process of sorting through untold amounts of background information and data can be a laborious, time-consuming endeavor. Continually subjected to emotions and opinions, investors are often unable to reliably assess the informational signals needed to make informed market decisions.
That’s where WatermelonBlock[1], a data analytics company featuring a suite of products that deliver cryptocurrency insights directly to the consumer, comes in. Through a mix of data points gathered from social media as well as traditional technical analysis, this emerging startup assists investors in staying abreast of critical data and information sets in real time.
WatermelonBlock seeks to deliver these insights to all levels of investors, from experienced traders seeking to stay ahead of the curve relative to their personalized portfolio to newcomers attempting to mitigate the information overload often tied to their first major investments.
It’s here that the company recognizes a gap in the ability of ordinary algorithms to analyze the size of critical data sets. By deploying the computing power of IBM Watson, arguably the most advanced AI platform in the world, WatermelonBlock is able to scan, categorize, weigh and analyze big data sets within seconds, providing users with current market information and real-time actionable insights right at their fingertips.
More Accurate and Better-Informed Trading Decisions
WatermelonBlock is not just a proof of concept — it’s an actual working protocol that puts user experience first, all with the goal of integrating cryptocurrency investments into any lifestyle through a 24/7 stream of market analytics.
A free insights smartphone app powered by WatermelonBlock is replete with a sleek, simple user interface and is scheduled for release in Q4 of this year. It will feature neatly packaged, real-time cryptocurrency, market and initial coin offering (ICO) analysis; personalized portfolio notifications and a digital wallet.
In phase two for the app, which will be
