AI-driven cryptocurrency trading application BlockBank uses API3 data feed »CryptoNinjas
API3, a provider of decentralized management and quantifiable security data feeds, Powerful Web 3.0 application, Today announced the latest partnership with BlockBank, which enables BlockBank to use API3’s API and dAPI (decentralized on-chain data feed) that support Airnode.
BlockBank can easily access DeFi dApps, tools and tokens to generate revenue, and has a legal up/down slope. BlockBank also provides AI services, initially automatically collecting information related to their investments for users. BlockBank has the right Skell’s Artificial intelligence technology will be developed and improved for use cases based on blockchain.
Over time, API 3 will be used to support Airnode’s API and dAPI catalog to help train and improve AI. As AI improves, it will be able to play other roles, such as suggesting investment strategies or creating smart limit orders based on predicted market volatility.
The combination of easy access to DeFi and AI-driven suggestions should help people who are new to DeFi easily explore its possibilities. The cooperation with API3 will ensure that BlockBank can use various APIs that support Airnode to train its AI; and also benefit from the fully decentralized and anti-Sybil features of API3’s dAPI.
“Our strategic focus is to provide users and developers with accurate data, which is the core layer we are building. This exciting long-term partnership with API3 will enable BlockBank to obtain extremely reliable, transparent and most importantly Information; decentralized data. In the near future, our goal is to further strengthen decentralization and provide untrusted data to our AI.”
– Keldge D’Cruz, CEO of BlockBank.AI