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IVY - The Future of Cryptocurrency Trading: Artificial Intelligence and Blockchain in Operationby@jonstojanmedia
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IVY - The Future of Cryptocurrency Trading: Artificial Intelligence and Blockchain in Operation

by Jon Stojan MediaJuly 31st, 2024
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IVY is a trading system that uses artificial intelligence and artificial neural networks to control its trading bot. The trading bot works around the clock on several exchanges, providing assistance to traders of any level. IVY opens a new era in cryptocurrency trading by combining advanced artificial intelligence technologies with blockchain security and reliability technologies.
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A fully automated artificial intelligence-based crypto trading system is a new service with the potential to change the landscape of financial technologies and make cryptocurrency trading more accessible, transparent, and secure through the use of advanced artificial neural networks combined with blockchain technology. In the rapidly developing world of cryptocurrency trading, the IVY trading system is becoming an innovative solution combining advanced technology with unprecedented transparency and trust.

1. Artificial intelligence and blockchain: A new stage in financial technologies

IVY is a unique trading system that uses artificial intelligence and artificial neural networks (ANN) to control its trading bot. Systems based on artificial neural networks are capable of processing massive amounts of data to make high-precision investment decisions. The main idea of artificial intelligence is to create a system that can learn and adapt to different situations without direct human intervention. In the IVY trading system, transactions are made using a sophisticated trading bot controlled by artificial intelligence based on an artificial neural network using machine learning algorithms. The trading bot works around the clock on several exchanges, providing assistance to traders of any level.


The blockchain is a decentralized database that allows you to store information safely and securely. Although these two technologies seem to be different, they can work together to improve the efficiency and safety of many processes. A special feature of IVY is that all operations of the trading bot are recorded in the blockchain, which ensures full transparency of its work. This increases user confidence in the system and creates the basis for the formation of an active community around it.


Thus, IVY represents an innovative approach to trading that combines the advantages of advanced technologies. IVY opens a new era in cryptocurrency trading by combining advanced artificial intelligence technologies with blockchain security and reliability technologies, IVY ensures high trading efficiency at the same time with a high level of security and user trust.

2. Advantages of using neural networks in trading

Artificial intelligence significantly improves trading efficiency by adapting to rapidly changing market conditions. Based on artificial neural networks (ANN) and machine learning algorithms, trading systems are able to analyze data from multiple sources and identify trends that are inaccessible to more traditional analysis methods.

Neural networks in trading are the future of financial markets. They allow you to analyze large amounts of data and make quick decisions, which makes them ideal assistants for traders. The use of artificial intelligence technologies in trading provides such advantages as:


Decision-making speed: Neural networks are capable of processing huge amounts of data in a matter of seconds, which allows them to quickly respond to changes in the market. This is especially important for traders who work in highly competitive conditions and need to respond quickly to price changes.


Prediction accuracy: Neural networks can be trained on large amounts of historical data, which allows them to make more accurate predictions. They can analyze many factors, such as prices, trading volume, news, etc., to predict future market movements. Process automation: Neural networks can be used to automate many routine tasks, such as analyzing graphs, searching for signals to enter/exit a position, etc. This allows traders to focus on the more important aspects of their work.


Risk reduction: Neural networks can help reduce the risks associated with trading. They can automatically close positions when certain risk levels are reached or use money management algorithms to minimize losses.


Strategy customization: Neural networks can be customized to meet the individual needs of each trader. They can take into account the trader's personal preferences, such as risk profile, time horizon, etc.


The IVY trading system is a sophisticated trading bot designed to provide users with advanced tools and information to navigate the cryptocurrency markets. Using artificial neural network forecasting, the bot performs comprehensive technical analysis to obtain highly accurate forecasts of market movements. These forecasts serve as the basis for the bot's decision-making process, allowing it to execute buy (long) or sell (short) orders with accuracy and efficiency.


The IVY trading bot (ANN trading bot) takes full advantage of complex machine learning and data analysis algorithms, provides independent operations without human intervention, guarantees risk reduction and profit maximization in volatile markets, and performs transactions on several exchanges in 24/7/365 mode. Ivy has a high success rate and is the key to more reasonable and profitable trading using artificial neural networks (ANN).

3. Blockchain: Reliable fixation of results and transparency of operations

The key advantage of the IVY project is the preservation of the entire transaction history of the trading bot in the blockchain, which ensures transparency, accountability, and protection from manipulation. This creates confidence in the reliability of the results for each user. The IVY trading system is the only project on the market offering this unique feature.

Why is it important

The IVY trading system is a platform that inherits both the advantages and complexities of the platform business. On the one side, platforms are characterized by the emergence of a network effect that ensures a rapid increase in the cost of the platform. In other words, the willingness of users to pay increases as the number of users of the platform grows.


The network effect is a phenomenon whereby the value of a product or service increases as the number of people using that product or service increases. The presence of a network effect is typical for decentralized systems (p2p, platforms, marketplaces, etc.). The larger the network, the stronger the effect.


However, everything has another side. You have to pay for such an absolute advantage as the network effect. Launching the growth of the platform and realizing the potential of the network effect are directly related to the creation of a sufficiently large user base. It can be said that in order to launch a network effect, it is necessary to reach a critical mass of users, a community of individuals who are interested both in using the platform and in increasing its value.


IVY uses two ways to solve the problem of launching a platform and forming a community at once, and both are related to using the advantages of blockchain technology:


The formation of trust in the platform is already in the early stages due to the preservation of the full transaction history of the trading bot in the blockchain. In order for a potential user to make a decision about joining the platform, it is no longer necessary to conduct additional research and verification since all information about the work of the trading bot is transparent and available for viewing on the blockchain. This allows new users to quickly assess the reliability of the platform and make an informed decision about its use.


Motivation of the community through the use of the platform token. The use of financial incentives in the form of tokens allows you to attract users for the future usefulness of the project, and also stimulates their behavior in such a way as if the network effect has already manifested itself. This turns users into stakeholders interested in the growth of the platform's value. As stakeholders, motivated users contribute to attracting new customers in all ways available to them, contributing to the growth of the platform.


Issues of trust in automated trading systems, as well as in live traders selling signals, are key issues for building a customer base. To ensure transparency and accountability, the IVY trading system records all trading activity on the blockchain. Using blockchain technology, the system provides verifiable evidence of the bot's work, allowing users to verify trading results and build trust in the platform. In addition, the public instance of the bot works through a decentralized smart contract on the Polygon PoS network compatible with Ethereum, which further increases transparency and decentralization. Transparency and trust are the key principles of the IVY trading system. By recording the trading history on the blockchain, the system provides verifiable evidence of effectiveness, instilling confidence and credibility among users. The immutable nature of the blockchain ensures the integrity and accuracy of trading data, setting a new standard for transparency and accountability in the cryptocurrency trading ecosystem.

4. How it works

The IVY trading system uses the most advanced artificial neural networks to analyze market data and predict future price changes. Using a variety of indicators and machine learning methods, the bot generates reliable forecasts that allow users to make informed trading decisions. The trading activity of bots is fully recorded in the blockchain, creating an evidence base for new customers to make a decision about joining the platform.


The user has the opportunity to use the forecasts generated by the trading bot by joining one of the predefined trading strategies. In addition, there is the possibility of flexible adaptation of user trading strategies, allowing users to configure parameters such as security levels, stop loss settings, and trading pair preferences.

Utility Token

The IVY trading system is based on the IVY utility token, an ERC20 token used to access various functions of the platform. Users must pay for subscriptions using IVY tokens; the subscription price is determined by trading volume and activity. The IVY token also serves as a means of stimulating and rewarding active ecosystem participants.


Application tokens, also known as Appcoins or Utility tokens, are designed to gain access to services provided by the platform. Utility tokens are not considered securities. The economy of Utility tokens is being developed in such a way as to stimulate user behavior necessary for the growth of the platform's value.

Liquidity Support

The IVY token provides constant liquidity and stable trading in the IVY ecosystem. Based on smart contracts on the blockchain, it guarantees repeat purchases through the ANN trading robot. The public instance of the IVY trading system plays a crucial role in maintaining the liquidity of the IVY token. By directing 50% of its profits to buy IVY tokens from the market (buy back), the system ensures a high level of liquidity and stability of the token, which benefits both users and stakeholders. The IVY trading system automatically ensures the liquidity of the IVY token by implementing the following procedure:


Step 1: The trading bot performs operations on DEX and makes a profit.

Step 2: The profit earned is automatically used to redeem IVY tokens using a smart contract, which guarantees demand for IVY tokens.

Step 3: As a result of the purchase of IVY tokens, their number in the market is reduced, which ensures the liquidity grows.

The Economic Model

The IVY trading system is designed to encourage participation, reward engagement, and ensure sustainability. The subscription price is determined depending on the trading volume, while users must pay with IVY tokens. In addition, the system uses a buyback mechanism to maintain the liquidity of the IVY token, which further increases its value and usefulness in the ecosystem.


IVY Trading System (https://ivyts.com /) is currently available for Microsoft Windows, and it is planned to be distributed to macOS and Linux platforms in the near future. In addition, the system supports trading on both centralized exchanges (which require API keys) and decentralized exchanges (which require private keys), offering users maximum flexibility and accessibility.

5. The Future of Trading: How innovations will change the market

The combination of neural networks and blockchain technologies in cryptocurrency trading promises to change existing approaches to investing. This allows you to create more sustainable strategies and minimize risks for investors of different levels.

Inclusivity

The solutions offered by the IVY trading system are aimed at traders of various skill levels, making cryptocurrency trading accessible to a wide audience and providing the opportunity to use advanced tools and strategies that were previously available only to professional traders.

Democratizing access to high-tech trading

The innovations proposed by IVY contribute to ensuring equality of opportunity and reducing inequality of outcomes by providing access to the profitability of developed financial markets to all stakeholders, regardless of their age, gender, disability, race, ethnicity, origin, religion, and economic or other status. This directly contributes to the implementation of the UN Sustainable Development Goals (https://sdgs.un.org/goals ) in terms of reducing inequality.


The IVY trading system is a pioneer in this movement, heralding a paradigm shift in cryptocurrency trading, offering users a powerful combination of advanced technology, transparency, and trust. Using the capabilities of artificial intelligence and blockchain, the system allows users to trade confidently, knowing that their investments are supported by the most advanced tools and the highest standards of honesty.


Vested Interest Disclosure: This author is an independent contributor publishing via our business blogging program. HackerNoon has reviewed the report for quality, but the claims herein belong to the author. #DYOR.