Tag: AI

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Top 5 Apps of the Week: AI, insects and mobile games


Like clockwork each week, NextPit has five hot app tips for you for both Android and iOS platforms. This week, we have a trio of mobile games, an AI image generator, and just in time for spring, an app that allows you to identify insects via the camera in your smartphone.

We have tested all five apps out for you, so you can be sure that there are no lemons here that only want your data or drive you to financial ruin with in-app purchases. Speaking of which, you can find our free app recommendations of the week, packed with tools and games for Android and iOS that would normally cost a pretty penny.

Without much further ado, here we go with our five recommended apps of the week for Android and iOS:

Dragon City Mobile (Android & iOS)

Do you still remember Game of Thrones? Okay, we don’t want to talk about the finale, but we do miss the dragons immensely. Not the least of which is Thomas, who suggested the following game. Do you feel the same way as well? If so, we have a great recommendation for you. It’s the app known as Dragon City Mobile. In Dragon City Mobile, you build your own city with a variety of dragons, each playing a specific role.

Your mission is to breed dragons and let them compete against other players in the Dragon City Arena. To be best prepared for the battles, you will need to train, feed, and improve/upgrade your dragons.

  • Price: Free / Ads: None / In-App Purchases: Yes / Account : Not required
Dragon City Mobile
In Dragon City Mobile, you have to upgrade your dragons so that they do not fall in battle. / © NextPit

Dragon City Mobile is a great way to kill time with a simple control mechanism. Your task is to fulfill objectives that will provide you with important resources. In addition, you will also be rewarded on a daily basis with rewards for your efforts.

Besides that, you’ll have the option to use in-app purchases to speed up your progress. Basically, the more you pay, the faster you progress. However, this is not a must, because with a little bit of patience and perseverance, you can achieve your goals without sinking in additional investment.

Dragon City Mobile map
You can see dragons that you can unlock during the course of the game on the map. / © NextPit

Imagine: AI Art Creator (Android & iOS).

Since Casi is currently fond of trying out AI, he decided to use an app that creates images using artificial intelligence today. The generated artwork looked fantastic at times with this app, but there is always a catch. First of all, what does the app do? It allows you to enter prompts, which are then used to generate images via AI. Sometimes, the result can look rather mediocre, but there are other times when it hits the ball out of the park.

If you prefer, you can also choose from a pool of images and modify them via AI. Alternatively, upload your own photos at have a field day with it. You can also generate prompts or choose certain styles. Heck, you can even upscale these images to a decent resolution and save them afterwards or share the results with your friends directly.

  • Price: Free / Ads: Hell, yeah! / In-App Purchases: Yes / Account : Not required
AI Art Creator
Some results turned out really well, while some were complete failures. / © NextPit

Let’s get down to the bare essentials: if you use the app for free, you’ll have to endure an indecent amount of advertising – including 30-second videos before each picture is generated and for subsequent edits. There’s also a watermark that you can only remove with the paid version.

That would be okay for me if the prices were fair, but they are pretty steep in this case: there is an annual $44.99 asking price, with an equally outrageous $5.99 weekly subscription if you want to use it for a shorter period of time. Alternatively, you can pay a one-time fee of $109.99.

Imagine: AI Art Creator
You can never have enough fingers! / © NextPit

Titan Quest Standard Edition (Android & iOS)

Dustin picked an exciting game for you again this week. This time, Titan Quest is set to keep you entertained. Some of you might still know about this RPG from the past because it is a port of the popular PC game. Unfortunately, many fans are still waiting for the non-existent sequel today.

  • Price: $0.99 (discounted from $9.99) / Advertising: None / In-app purchases: Yes / Account: Optional for cloud storage
Titan Quest Mobile HD
In Titan Quest, explore the vast world of ancient Greece and take on different kinds of mythical beasts. / © NextPit

The goal of the game is to explore ancient Greece and save the world from the Titans who have broken out of Tartarus. As a warrior of the gods, you’ll have to slay various beasts and put a stop to the demonic onslaught. Not only do you go around collecting countless equipment, but you can also strengthen your hero with the relatively simple but adequate skill system (which was avant-garde during the original game’s era).

The controls are also quite simple and suitable even for beginners to the genre. Right now, you can get the standard version of the game for 99 cents, instead of the usual 9.99 Euros in the App Store of your choice.

Car Eats Car 5 – Battle Arena (Android & iOS)

Spending this weekend under brilliant sunshine, my colleague MaTT is dedicated to a battle arena racing game that stands out due to its cute 3D graphics and easy-to-understand gameplay. You take a seat in a sports car and set yourself to fulfill one task: destroy (eat) as many cars as possible.

The controls offer you a joystick on the left which you steer your racing car with, while the right has useful features like dynamite or a turbo. The latter allows you to easily outrun your opponents while the former dents their aspirations to escape.

  • Price: Free / Advertising: yes (between games) / In-app purchases: yes ($0.49 to $39.99) / Account : None
Car Eats Car 5 - Battle Arena Screenshot
Defeat your rivals in mission-based racing battles and show the invaders that you are the true racing champion and master of the grid. / © SMOKOKO LTD

But the action doesn’t stop at pure destruction: in the fifth episode of the “Car Eats Car” series, you also have a mission to embark upon. The objective? To save Beetlee’s friends and the entire planet from a dangerous alien threat. To be prepared for boss battles, you can always go to your garage between races and see what upgrades are available for you and install them.

Car Eats Car 5 – Battle Arena offers a total of 10 different racing cars and an infinite number of lovingly designed 3D battle arenas, set in unique locations. Download the racing game for your Android or iOS smartphone for free today.

PictureInsect (Android & iOS)

If you ask yourself regularly, “What’s crawling?” then PictureInsect provides the answer. You simply take a photo of an insect with the app and in a matter of seconds, it will let you know the name of that tiny critter. You’ll also get details on whether the said insect is poisonous to humans or pets, or whether it will attack your clothes or food supplies in the foreseeable future.

  • Price: Free / Advertising: None / In-app purchases: Yes / Account: Not required

 

PictureInsect Screenshots
With PictureInsect you can find out what is currently crawling around your apartment, balcony or in your garden. / © NextPit

Even if it doesn’t look like it at first glance, the app is completely free to use. You can simply decline the 7-day trial period the first time you launch the app, and then close the buy dialog by clicking “Cancel” in the upper right corner every time you boot it up.

This makes PictureInsect the WinRAR among insect detectors, or somewhere close. By the way, there is a somewhat similar app that is also available for plants and another for fungi, going under the monikers “PictureThis” and “PictureMushroom”.

Which app did you like best? Do you have any other hot app recommendations for us? We look forward to your recommendations in the comments!



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How to generate AI art with Stable Diffusion on a Mac




AppleInsider is supported by its audience and may earn commission as an Amazon Associate and affiliate partner on qualifying purchases. These affiliate partnerships do not influence our editorial content.

An app called Diffusion Bee lets users run the Stable Diffusion machine learning model locally on their Apple Silicon Mac to create AI-generated art. Here’s how to get started.

Stable Diffusion is a text-to-speech machine learning model that can be used for generating digital artwork. As an example, typing something like “monkey riding a bicycle while wearing a top hat” will generate that image.

Using AI to create art has been popular in recent years as machine learning models are improved. Stable Diffusion is one such model, and others include DALL-E and Midjourney.

Diffusion Bee is billed as the easiest way to run Stable Diffusion locally on an M1 Mac. It’s a one-click installer hosted on GitHub that runs Stable Diffusion locally on the computer.

Diffusion Bee app

Diffusion Bee app

No data is sent to a cloud other than the app’s request to install weights for the model and software updates. No software dependencies are needed. The app is 561MB in size.

System Requirements

  • M1 or M2 Mac

  • 16GB of RAM for optimal performance. It may run slowly with 8GB RAM.

  • macOS Monterey 12.5.1 or later.

To use Diffusion Bee, download and install the app. After installation, the app downloads two machine learning models. The first one is 4GB in size and the second is 341MB.

What you get with Diffusion Bee, and what to expect

Once the app is opened and the models are installed, there is a text field for art prompts. There is also an Image to Image category which the developers say is coming soon. Use that text field, for now.

Generating an image may take some time, depending on the size and the prompt. It took a couple force-quits of the app to finally start generating images.

The first text prompt at a size of 768 pixels from the drop down menu took so long to generate that we quit the app. After two attempts and force quits, images started working.

Under advanced options, there are menus for image height, width, steps, and guidance scale. Without delving deeply into documentation, we’re not sure what the latter two mean, but we left everything at default.

It’s best to be descriptive in the text prompt; the example image that the developer shared used the prompt, “Photo of a xenomorph drogon in Game of Thrones hybrid, High detail, photorealistic, trending on artstation, raytraced.”

We wanted to recreate an epic scene, so our prompt was, “demons chasing a black cat who is holding a scythe and riding a white horse. High detail, oil painting, photorealistic,” and this is what the model spit out.

And I looked, and behold a pale horse: and his name that sat on him was Death Kitten, and Hell followed with him.

And I looked, and behold a pale horse: and his name that sat on him was Death Kitten, and Hell followed with him.

There are more examples at the ArtHub.ai website that hosts generated images along with their prompts, all which can be used for inspiration.



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Deals: get 1 year of Microsoft 365 Personal or a Luminar AI photo editing software bundle for Mac for $39




AppleInsider is supported by its audience and may earn commission as an Amazon Associate and affiliate partner on qualifying purchases. These affiliate partnerships do not influence our editorial content.

Software deals are plentiful this February, as one year of Microsoft 365 Personal with 1TB OneDrive storage is discounted to $39.98. Also available for under $40 is a photo editing bundle consisting of Luminar AI for Mac and Windows.

Save up to 82% on software

The software deals in this piece offer an abundance of value, with discounts of up to 82% off. If you’re looking for photo editing software, the Luminar AI bundle for $39.99 includes a lifetime license to Luminar AI on one device (Mac or Windows). It can be used as a standalone app or as a plugin for Adobe Photoshop & Lightroom (Adobe products sold separately).

Thirty templates are also included in the bundle, along with a lifestyle photography eCourse from Skylum, to help turn your photos into works of art. The $39.99 price is valid for a limited time only.

Microsoft 365 Personal $39.98

Heading into the weekend, Newegg also has a 1-year subscription to Microsoft 365 Personal on sale for $39.98. The PC/Mac download includes access to popular Office apps, such as Excel and Word. It also includes 1TB of OneDrive Cloud storage. Please note: this version of Microsoft 365 is limited to North America region activation/installation only.

If you’re running a PC, the software bundle at Newegg comes with a download of ESET NOD32 Antivirus 2022 Gamer Edition as well.

Additional savings

Cheap Apple Prices

AppleInsider and Apple Authorized Resellers are also running specials on Mac and iPad hardware that will not only deliver the lowest prices on many of the items, but also throw in bonus savings on accessories, software and more. Here are just a few of the deals running this week:



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Chandigarh University develops AI based mobile app to detect crop disease



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Chandigarh University has come forward to rescue the Indian Farmers from the increasing crop loss problem due to diseases. Department of Research & Development of Chandigarh University has developed an Artificial Intelligence based Mobile Application which will detect the crop diseases at an early stage of farming cycle. This will help the farmers to make arrangements before the spread of disease in the healthy crops. Scientist F of SEED, NCSTC Division, Department of Science and Technology, New Delhi, Dr. Rashmi Singh launched the Mobile App along with Dean Research, Chandigarh University Prof. Sanjeet Singh.

While giving details about the mobile app, the inventor and project scientist of Chandigarh University, Amit Verma said, “The diseases like cut worms, potato tuber moth are common in potatoes. Early and Late Blight in Tomatoes severely damage the crop. To overcome from these and many other diseases, this detecting application can be used to identify and detect the illness in these crops in order to increase agricultural production.” Amit Verma explained that the mobile application works on three step disease detection which is based on Image Processing which matches the current picture of the crop with that of disease infected crop. Using the pattern matching technique the app prompts any significant change in the leaves, stems or branches. In addition, the mobile app offers suggestions to further treat the disease based upon the stage of the crop damaged by the pests and insects. The App will be able to detect 39 diseases in two crops while the study to extend the detection for 19 more crops is currently under-process.

Chandigarh University’s Dean Research, Prof. Sanjeet Singh said, “The app took six months to be completely designed and tested and the research has been funded by the Department of Research of the University.” Chandigarh University has formed a special research group to carry advanced projects in the field of Agriculture and in last three years, the research group has filed 31 patents in the field of Farming and Agriculture, which will be launched soon in the market that will help Indian farmers to overcome their numerous problems, added Prof Sanjeet.

While launching the early diseases detecting application, Dr. Rashmi Sharma, DST Scientist F (SEED, NCSTC Division) department of Science and Technology, New Delhi praised the Chandigarh University’s role in finding the sustainable solutions to the challenges faced by the farmers with the launch of this early detection application and will help farmers across India to overcome from the crops loss. Dr. Sharma while explaining further said that Chandigarh University has performed quintessentially well in terms of research and this shows the great character of Chandigarh University towards the society as this application is going to help millions of farmers across Punjab and India. As India advances more in research and innovation with 8th rank in artificial intelligence with 4000 filed patents in the last 5 years, shows the competence of India in research with the help of artificial intelligence. On explaining the benefits of the application, the eminent scientist Dr. Rashmi Sharma broadly explained the harmful effects of pesticides used in crop protection and its effect on farmers in terms of life taking diseases like cancer.

The Chancellor Chandigarh University Satnam Singh Sandhu said that Chandigarh University has always been in leading role when it comes to research and innovation and has been performing on all fronts to help the society to find out sustainable solutions for the emerging challenges. In order to promote research and innovation, Chandigarh University has a strength of 30 research groups, 14 industry collaborated labs where 800 research scholars are working on various research projects and the university has allocated a budget of Rs. 12 crores annually for the R&D activities, he added.

If you have an interesting article / experience / case study to share, please get in touch with us at [email protected]

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BlockBank Unveils DeFi App With AI Robo Advisor


Mobile banking platform BlockBank, which combines decentralized finance (DeFi) and artificial intelligence (AI) technology, on Tuesday (Oct. 26) announced it will unveil its mobile and web-based app by the end of this year, according to a Bitcoin.com report.

BlockBank’s app will bring together traditional finance and DeFi in a secure platform that includes the Robo Advisor AI-powered resource for newcomers to the cryptocurrency market and a tiered rewards system that gives users up to 20 percent APY.

BlockBank will continue to build on the Robo Advisor’s capabilities and functionalities from its start as an educational resource that offers users a tailored experience on the BlockBank platform that learns and grows with customers to understand their habits and risk profiles to craft actionable insights.

The Robo Advisor will also reduce how much time users spend on market research and enable automated order management and execution, portfolio creation and management and more.

All BlockBank app users can earn high APY on staked crypto tokens, including Bitcoin, most ERC 20 tokens and BlockBank’s native utility token, $BBANK. The app also features a suite of decentralized applications (dApps) and gold and silver purchases with cryptocurrency.

The BlockBank app will be available for download in both the Apple and Android Play store.

Related: Stablecoins and Next-Gen Payments: Marching Toward Institutional Adoption of DeFi in Europe

Recent data from the International Monetary Fund (IMF) shows that the market capitalization of stablecoins has quadrupled to more than $120 billion in 2021.

Pavel Matveev, CEO of multicurrency digital wallet and money transfer service Wirex, recently told PYMNTS that these digital assets — central bank digital currencies (CBDCs) and stablecoins — will eventually dominate the cryptocurrency payments space.

Société Générale-Forge (SG-Forge), an affiliate of French multinational banking giant Société Générale (SocGen), has applied for a loan of up to $20 million in DAI stablecoins using bond tokens issued by the bank as collateral. The tokens, recognized under French law, were issued in May 2020 at a 5-year fixed interest rate of 0% and have been assigned a AAA rating from both Moody’s and Fitch rating agencies.

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NEW PYMNTS DATA: DIGITAL BANKING STUDY – THE BREWING BATTLE FOR WHERE WE WILL BANK

About: Forty-seven percent of U.S. consumers are shying away from digital-only banks due to data security worries, despite significant interest in these services. In Digital Banking: The Brewing Battle For Where We Will Bank, PYMNTS surveyed over 2,200 consumers to reveal how digital-only banks can shore up privacy and security while offering convenient services to satisfy this unmet demand.



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Diagnostics | Free Full-Text | Features of Mobile Apps for People with Autism in a Post COVID-19 Scenario: Current Status and Recommendations for Apps Using AI


The new ‘normal’ defined during the COVID-19 pandemic has forced us to re-assess how people with special needs thrive in these unprecedented conditions, such as those with Autism Spectrum Disorder (ASD). These changing/challenging conditions have instigated us to revisit the usage of telehealth services to improve the quality of life for people with ASD. This study aims to identify mobile applications that suit the needs of such individuals. This work focuses on identifying features of a number of highly-rated mobile applications (apps) that are designed to assist people with ASD, specifically those features that use Artificial Intelligence (AI) technologies. In this study, 250 mobile apps have been retrieved using keywords such as autism, autism AI, and autistic. Among 250 apps, 46 were identified after filtering out irrelevant apps based on defined elimination criteria such as ASD common users, medical staff, and non-medically trained people interacting with people with ASD. In order to review common functionalities and features, 25 apps were downloaded and analysed based on eye tracking, facial expression analysis, use of 3D cartoons, haptic feedback, engaging interface, text-to-speech, use of Applied Behaviour Analysis therapy, Augmentative and Alternative Communication techniques, among others were also deconstructed. As a result, software developers and healthcare professionals can consider the identified features in designing future support tools for autistic people. This study hypothesises that by studying these current features, further recommendations of how existing applications for ASD people could be enhanced using AI for (1) progress tracking, (2) personalised content delivery, (3) automated reasoning, (4) image recognition, and (5) Natural Language Processing (NLP). This paper follows the PRISMA methodology, which involves a set of recommendations for reporting systematic reviews and meta-analyses.

This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited



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AI is key to post-pandemic success across all businesses


A global survey by ManageEngine found businesses are now generally becoming more aware about the benefits of data-driven decisions, with 89 percent of respondents reporting increased use of analytics. In the Philippines, however, industry studies show only two out of five companies are data-driven, with the rest still relying on descriptive and diagnostic analysis.

As the prolonged movement restrictions spill into this year, businesses are forced to accelerate their digital transformation leading to an exponential rise in data. While struggling to interpret the vast quantity of data, many organizations also realize there are gaps in their understanding and analysis of the data to hinder reaping the real benefits of data-driven insights.

In an online question and answer session with The Manila Times, Rakesh Jayaprakash, product manager of ManageEngine, said data-driven reality is upon us in the Philippines. He further proposed intelligent artificial intelligence (AI) driven analytics would be a major factor in empowering organizations of all sizes to compete and succeed in an increasingly digital post-pandemic world.

Excerpts from the interview:

The Manila Times (TMT): Please describe the types of products ManageEngine has for data analytics — what are their capabilities, functionalities, etc.

Rakesh Jayaprakash: ManageEngine’s flagship AI-powered information technology (IT) analytics software, Analytics Plus, helps IT teams and organizations collate and analyze large volumes of data for effective decision-making. The self-service analytics solution allows C-level executives and business users to ask questions and get instant responses in the form of rich visualizations.

Its built-in forecasting and scenario analysis engine allows users to predict future trends by factoring in variables that influence outcomes. Besides offering out-of-the-box analytics with popular applications, Analytics Plus eliminates data silos by auto-blending data from various sources to get a holistic view of operations. It also promotes collaboration amongst team members and users from various departments using a multitude of sharing and publishing options while ensuring security and privacy at every level.

TMT: Does the AI application need to be installed in a central facility such as a data center or a consulting/research facility or is there a software or app perhaps that could be accessible to and affordable to small businesses, for instance?

Jayaprakash: It’s recommended to install Analytics Plus on a server connected to the rest of the corporate network to ensure employees and decision-makers could access the application using their regular web browsers or the complimentary mobile app. Though the application is installed on a corporate network, it could be made accessible over the internet, meaning users could access insights from anywhere. With prepackaged components, deployment is as easy as installing a new web browser on your computer.

At ManageEngine, we realize a lot of SMEs (small and medium-sized enterprises) are hesitant to invest in analytics applications due to the capital investment and skill set required for a successful deployment. Not only is Analytics Plus competitively priced to make it easier for SMEs to start their analytics journey, but it also comes in a free edition and a low-cost edition to allow SMEs to start at a smaller scale, then expand as their business grows.

TMT: Could they be readily installed in Windows, for example, which an office IT personnel could work with every now and then, or would they require the skills of a data scientist for maximum benefit?

Jayaprakash: Analytics Plus is a lightweight package that could be installed on a low-end Windows laptop for personal use; however, it’s recommended to use server-grade hardware for organization-wide use.

The application is designed specifically for nontechnical users who may not possess advanced skills for running complex reports without expert help. Users could simply ask questions such as, “What is the rate of service level agreement compliance this week?” and the analytics assistant, Zia, powered by natural language processing and AI, could process the question, look for the right data points, and come up with visualizations in a matter of seconds.

TMT: How could we convince businesses, especially SMEs, that they need data analytics not only to become agile or competitive, but also to actually survive in a post-pandemic future, given there are other challenges like the need for additional cybersecurity defenses on top of existing safeguards against data theft?

Jayaprakash: The best way for SMEs to use analytics is with a land and expand strategy, which involves getting SMEs to analyze data from one or two departments that have the biggest impact on the business. This would ensure less effort is involved, the initial financial impact is minimal, and the business could start getting results fast. The quick results could serve as a driver for expanding further into other departments.

The ever-present need for vigilance has progressively increased over the past few years as threat actors become more advanced in the way they breach security measures. This does stand as a barrier for SMEs looking to start implementing analytics, but it’s also an opportunity for SMEs to incorporate data management best practices from the very beginning.



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Tim Cook talks the need for privacy and exciting AI, AR


After being named one of the “titans” in Time’s list of the 100 most influential people of 2021, Apple CEO Tim Cook talked to the publication about the environment, privacy, and his excitement of AR and AI.

On Wednesday, Tim Cook was named alongside 99 other businesspeople, artists, athletes, musicians, and government officials in the unranked Time list. In a follow-up discussion published on Sunday, Cook talks about a number of subjects close to his heart, and Apple itself.

On his decade-long tenure as Apple CEO, Cook claims the biggest thing he learned is that he has even more to learn.

“I learned very quickly to remember that I had two years and only one mouth, and to listen very carefully to people that I’m surrounding myself with, because I have some of the best and brightest people around me,” Cook confided. “And they’re smarter than I am.”

Environment, Privacy, and Apple

Moving into the concept of stakeholder capitalism and Apple’s supporting of environmental and other projects, Cook points out that, while goals have changed over the years and “gotten much bolder,” Apple has “always cared deeply about the environment. We’ve always cared deeply about workers.”

“We’re in a period of time where some of the biggest problems of the world, like climate change as just one example, this is not going to get solved solely by government,” proposes Cook. “This needs other constituencies and other stakeholders to move in the same direction and have public/private partnerships. Diversity and inclusion, racial equity and injustice, these are all things that we need the whole of society moving forward on.”

When asked why it’s important for Apple to be involved in the public conversation around equity and the environment, Cook insists “It’s nothing to do with image and so forth.”

“It’s about, we’re a collection of people in Apple that want to change the world for the better,” he offers. “We want to leave the world better than we found it. And to do that, you have to be a part of the conversation in areas where the policies of government intersect with your values.”

Turning to privacy and Apple’s push to enshrine it, Cook starts off with the typical statement of Apple believing privacy is a basic human right.

“It starts with that,” the CEO begins. “And we believe that privacy is one of the most consequential issues of our time. I mean, it’s right up there, near the top of the list of things. And we see every day, people’s privacy being taken for granted, and them losing control.”

Exciting tech

In the latter part of the interview, the attention shifts to what Cook is excited by in the technology field. Cook initially admits “I get really jazzed about AI,” with it appearing in many products “that you don’t really think about.”

He offers that it helps in everything from facial recognition and image grouping to the more obvious Siri. “I mean, AI is everywhere. And I see that we’re at the very early stages of what it can do for people and how it can make people’s lives easier.”

Cook also mentions AR and its potential to be an “overlay of the virtual world with the real world” that does so without “distracting from the physical world and your physical relationships.”

Expressing a belief that tech can “do so much good in the world” depending on its creator, Cook is optimistic “about all the things that can happen in our lives that free up time for more leisure activities and other things that we want to do in life.



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Blockbank Leveraging AI and Traditional Banking Systems to Create a Comprehensive Mobile Application


VILNIUS, LITHUANIA / ACCESSWIRE / July 23, 2021 /BlockBank has helped its users generate more than $100 million in managed assets with a promising 30% APY for the future. Also, Simone Giacomelli has become a part of the BlockBank community and will work as an adviser to the platform helping in future development targeting better use cases for the people. BlockBank represents an innovative approach to accumulate every blockchain and cryptocurrency-related application on the user’s device and letting them access everything from a single interface.

Intelligent Advisor for the People

BlockBank provides its users with a wide array of functions, including giving them advice on DeFi opportunities and usability of the platform with AI-enabled risk management delivered via neobanking. The platform will help beginner, and professional traders’ access authentic advice channelized by AI systems working on the platform.

One of the upcoming developments includes AI Robo Advisor that will scrutinize real-time trading activities and understand the social media chatter to provide it’s users with strong advice. These pieces of advice are shared in the form of risk assessment, earning strategies, price predictions, and trade execution.

The aim is to streamline access to financial technology and make it affordable for every user. BlockBank combines the most valuable parts of Centralized and Decentralized finance along with traditional banking systems to create a holistic overview of the entire industry.

One Application for Every Function

BlockBank also brings together the work of different financial and crypto applications or dApps under a single ceiling. Users who have mobile applications to use crypto wallets, exchanges, get news alerts, etc., can use a single application, BlockBank, to get access to all the features at once.

The platform has partnered up with several innovative organizations to bring the best benefits of the crypto industry to its users. BlockBank’s partnership with SKAEL is meant to create a patented AI-powered system that will help users gain a better technical and functional understanding of the crypto industry.

Among one of the many simultaneous developments, BlockBank shook hands with Xend Finance, which is a global DeFi platform operating specifically for credit unions and cooperatives. With this partnership, BlockBank brings the benefits of trading in cryptocurrencies to this segment and provides higher interest with stability.

Similar partnerships have been initiated with Shield Finance, Modefi, API3, Umbrella Network, Bridge Mutual, PolyNetwork, Ontology, Chainlink, PlasmaFinance, and HAPI. Out of these, Chainlink is tasked with feeding accurate and reliable pricing data to BlockBank’s AI Robo Advisor.

BBANK For Platform-Based Transactions

BBANK is the platform’s utility token that is used by the community to access the rewards program and leverage AI assistance. The users can also stake the BBANK in a non-custodial crypto wallet, which is accessible from BlockBank to earn APY interest on the staked tokens.

There are daily rewards meant for the users, which will materialize by holding or staking a predetermined amount of tokens on the platform. The four tiers and one VIP tier staking system is aimed at rewarding the users according to their ability to contribute towards the platform’s development.

BlockBank for the Future

The future developments of the BlockBank application will further demystify the crypto banking experience, making it better and user-oriented. The AI Robo Advisor will be added with data-influenced investing recommendations provided to the users with in-App chat or voice commands.

It will also help the users create and manage a portfolio of investments, helping the ones with a lack of time to engage with the crypto industry and gain knowledge effectively.

About BlockBank

BlockBank is an AI-enabled mobile banking experience and has crypto integration. The aim of developing the platform is to provide a one-stop solution to the users by accumulating every crypto-related feature on a single application and enhancing the user experience. It combines DeFi and CeFi while ensuring better security and privacy for the users without compromising their ability to interact with the crypto industry.

Media Contact:
Darren Franceschini
Email – [email protected]
Telegram –https://t.me/BlockBankApp
Twitter –www.twitter.com/BlockBankapp
LinkedIn –https://www.linkedin.com/company/blockbankapp
Blog –https://blog.blockbank.ai/
PR – Cryptoshib.com
Email – [email protected]

SOURCE: BlockBank

View source version on accesswire.com:
https://www.accesswire.com/656815/Blockbank-Leveraging-AI-and-Traditional-Banking-Systems-to-Create-a-Comprehensive-Mobile-Application