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Home Vendor Technology

Estonia has the highest odds of launching their own national cryptocurrency

Published by CryptoNinjas.net
09/06/2017
Estonia has the highest odds of launching their own national cryptocurrency

On Saturday, September 2nd, Cindacator (which stands for Crowd Indicator) a company which is developing what it calls a ‘Hybrid Intelligence’ platform for financial markets consisting of 15,000 decentralized analytics, AI, and big data modules revealed the results of their survey when asking ‘Hybrid Intelligence’ regarding which country has the highest probability of launching their own national cryptocurrency.

It is no surprise that Estonia is leading, as the open and digital friendly country has discussed a proposal in recent months to launch their own state-backed cryptocurrency, called “estcoin”. Estonia is followed by Japan and China.

Results of Cindacator’s Hybrid Intelligence are below:

Will China launch its own state-backed cryptocurrency before December 31, 2018?
Will Russia launch its own state-backed cryptocurrency before December 31, 2018?
Will Japan launch its own state-backed cryptocurrency before December 31, 2018?
Will the United States launch its own state-backed cryptocurrency before December 31, 2018?
Will Estonia launch its own cryptocurrency before April 1, 2018?
Will Australia launch its own cryptocurrency until September 1, 2018?

In two days Cindacator received such indicators:

China (till Dec 31, 2018): 54% probability
Russia (till Dec 31, 2018): 51% probability
Japan (till Dec 31, 2018): 58% probability
US (till Dec 31, 2018): 32% probability
Estonia (till April 1, 2018): 66% probability
Australia (till Sept 1, 2018): 46% probability

Science behind Cindicator

Cindicator is a decentralized, community-driven infrastructure that harnesses the value of collective+artificial intelligence. Hybrid Intelligence is a technological symbiosis of man and machines. This synergy will hopefully enable Cindicator to make more precise decisions in a world of growing uncertainty, benefiting individual members and the community as a whole.

Its technology is built upon millions of decentralized analyst predictions processed by their technology, driven by AI. The company believes the integration of decision-making approaches provides an exciting opportunity to solve problems and current challenges of participants of financial markets. Community members will provide regular predictions, which add significant value to the technology and therefore improve predictive capabilities.

The Cindactor tech engine is continually learning by taking historical data and reviewing the performance of those predictions using the complex of statistical tools and machine-learning approaches. The platform adapts dynamically, correcting its models by continually actualizing better “weights of trust” to the analysts. The continual review, adaption, and correction help to crystallize the accuracy of financial forecasts.

Hybrid Intelligence Platform, powered by Cindicator’s technology infrastructure, helps to give a real-time market perspective. This synergy of man and machine enables the Cindicator team and CND token holders to make smarter decisions, based on data science, and generate returns for our community.

The company is conducting an ICO for CND tokens this month. Some initial products for CND holders will include indicators, market analytics, indexes and sentiments, crypto-ETFs, and telegram and slack bots.

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