BANCA Project Update 22.6.2021

General Update:

On CoinDr development, we have made good progress since last month. However, we are still in the process of heavy researching and developing. As a little preview, one of the papers will feature interesting ideas from user behavior on CoinAI. As you already known, CoinAI is a quantitative research platform for cryptos where users can create customized paper portfolios. There are many great crypto players have created their portfolios on CoinAI. Some of those portfolios have consistently been doing well. We believe we can make it easier for users to track those experts on a higher level by doing some extra work and present them in a periodically report.

In order to achieve this, we are going to leverage BANCA team’s expertise in machine learning, NLP and dynamic analytics. We will apply those same technologies to other topics, such as the following of news sentiments, price trends in different sub sectors of cryptos. We expect that, within another two months, we can have an alpha version ready for CoinDr.

As BANCA team continues our work on CoinDr, we have recently found that more maintenance work is needed for our existing applications. For example, many contents on CoinUltra depend on third-party data API and our proprietary web crawlers for data feeds. From time to time, data providers might upgrade API which demand code updates on our end. Also sometimes, third-party websites might implement anti-crawler features. Those changes will temporarily affect our applications. But we will try to adapt to new environment as quickly as possible. Right now we are targeting some recent issues and will get those applications upgraded soon.

Development Progress:

  1. We continue to work on the development of CoinDr.
  2. We have identified couple of issues with our running applications, now in process of fixing.
  3. Research project and development for CoinDr research papers continue.

BANCA Platform

The BANCA platform serves the global cryptocurrency community. BANCA’s dynamic eco-chain uses AI and expert system that includes automatic management. The BANCA platform analyzes Big Data and delivers precise services tailored to the specific needs of our individual users.