Abbreviated as QUBE, the term stands for Quantitative Bitcoin Exchange. The platform aims to offer professional information and software for the new generation of traders. QUBE features cryptocurrency and big data software along with quick and simple transactions. The platform intends to offer a simple interface and supports the user-friendly operation.
According to the whitepaper, the goal of QUBE is to retrieve enormous info from exchanges, blockchain, and detailed public sentiment information. Sentiment is defined as a view or opinion an individual shares or holds. The platform intends to use the data to evaluate the trend, find the insights, and grab the opportunities. Also, QUBE seeks to intelligently use the collected data to forecast the market and warn of the risk. Furthermore, the platform aims to create value for business decision-making and form the industry foundation and standards with an open mindset. Another goal is to provide an intelligent quantitative analysis engine. Moreover, QUBE aims to position and subdivide the cryptocurrency market with excellent market potential.
The platform has created Qube tokens (QUBE) based on the Ethereum ERC-20 token standard. QUBE is the official cryptocurrency to do trading on the platform. Also, the token can be used to purchase the Cryptocurrency Intelligent Quantitative Investment Analysis Engine’s related services. The QUBE Foundation intends to distribute the revenue to the holders of QUBE tokens.
QUBE intelligent quantitative analysis engine is based on large-scale data processing and deep learning algorithms. Deep learning algorithms run data through various layers of neural network algorithms where each layer passes a simplified version of the data to the next layer. The engine aims to work for noise removal, data dimension reduction, feature extraction, model training, and so on.
