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Press Release

Jun 27, 2018 12:30 UTC

WatermelonBlock Partners with IBM Watson Using Its Supercomputer to Let Crypto Investors Know What the Market is Thinking

SINGAPORE--(Business Wire)--WatermelonBlock (https://watermelonblock.io/), the company that combines big data and AI to create a market sentiment ranking of the top cryptocurrencies and ICOs, is announcing its partnership with IBM. IBM’s Watson AI is a cloud computing platform that scans, categorizes, weights and analyses big data sets in seconds.

For investors, it can be incredibly difficult to dedicate the time and resources to reading large volumes of information to better determine market trends. WatermelonBlock uses its proprietary algorithms to compute a percentage and index score for each network, known as the MelonScore. WatermelonBlock scores cryptocurrencies and ICO investment data using IBM Watson’s AI-platform, providing tangible benefits to users through a simple, user-friendly interface. WatermelonBlock recognizes the influence of opinions in the cryptomarket and uses AI to help investors stay on top of investment information in real-time. In partnering with IBM Watson, WatermelonBlock is able to read and categorize big data sets from the web according to their social influence and reach, thus empowering crypto investment decisions.

“IBM is extremely excited to partner with WatermelonBlock”, explains Boris Manitius, IBM Cloud Leader (Watson, Bluemix). “Through this partnership, WatermelonBlock’s dedicated team of data scientists, will work with IBM industry experts and IBM state of the art equipment to develop, test and monitor a system that will augment WatermelonBlock’s current environment”.

“I’m pleased to be able to work with one of the most advanced AI engines on the planet, IBM Watson. By combining the power of machine learning with our own computer algorithms, WatermelonBlock transforms the way crypto traders arrive to investment decisions”, says Elliot Rothfield, Co-Founder of WatermelonBlock. “Through this partnership, WatermelonBlock and IBM can provide investors with real-time actionable insights and detailed contextual analysis at the press of a button, making the user experience easy from start to finish.”

Leadership:
Elliot Rothfield: Co Founder/Creative Director
Sonia Miles-Khan: COO
Daniel Shani: CTO

About WatermelonBlock:
WatermelonBlock harnesses the power of AI and big data to produce cutting edge sentiment analysis in an intuitive, simple user experience. WatermelonBlock places the importance of information sharing and usability first, making crypto investment simple enough to fit any lifestyle, providing an indication of how the market thinks and feels 24/7. See more at https://watermelonblock.io/

About IBM:
IBM, the International Business Machines Corporation, incorporated on June 16, 1911, is an American multinational technology company headquartered in Armonk, New York, United States, with operations in over 170 countries. The Company operates through five segments: Cognitive Solutions, Global Business Services (GBS), Technology Services & Cloud Platforms, Systems and Global Financing.

Company Media:
Molly Winik, +972 58-4433219(Cell)
Blonde 2.0 for WatermelonBlock
Molly@blonde20.com

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