Both companies discussed correlations based on Natural Language Processing/Understanding (NLP/NLU) which can enable pathways for generating new insights, hypotheses or discoveries.
In the paper they stated, “There’s a lot more one can do with NLU datasets in life sciences and the financial markets related to contextualized correlations, alternative data sources, feature vectors, visualization and interpretation. Perhaps in the future our teams will discuss some of these topics including augmenting time series datasets for a variety of tradable assets. With individual NLU feature vectors, our teams may explain how to construct graph-based relationship networks or entire networks of clusters rendered with Canvas and other tools in the Elastic Stack. In addition, our teams may describe ways of getting machines to transact feature vectors with one another to minimize selected loss functions based on a utility token API combined with an open market order book.”
To download the joint discussion visit
Credibility for VectorSpace AI
One key aspect to take away from this joint paper, and potential future collaboration, is the credibility and confirmation this brings to VectorSpace AI technology. Having a company like Elastic, which is one of the top search and AI research companies in the US, stepping out to highlight the value and potential of VectorSpace data set technology is a major validation.
Potential Demand for VXV Tokens
The potential demand for VXV tokens among data science developers, medical researchers, or financial trading firms could position VXV as one of the next small crypto plays to keep an eye on.
VectorSpace AI tokens began trading in August 2018 on the IDEX Exchange under symbol “VXV”. It could be safe to say there could be many more collaborations, and potentially more institutions seeking to utilize VectorSpace blockchain and ‘smart baskets’ that demand for VXV tokens could surge in the coming months.
To get a current quote on VXV token visit https://idex.market/eth/vxv
Vectorspace AI platform is powered by context-controlled Natural Language Processing (NLP) and facilitated by cryptocurrency transactions. A single trend represented by a concept, keyword, hashtag, URL or news story can represent a network of cryptocurrencies based on their relationship to one another and surrounding context or concepts. This relationship network of cryptocurrencies can represent a tradable token basket or closely related group of cryptocurrencies that have known and hidden symbiotic, parasitic, and sympathetic relationships. They may trade in a group and fluctuate together being impacted negatively or positively by outside events and sentiment.
Elastic (NYSE:ESTC) is a search company. As the creators of the Elastic Stack (Elasticsearch, Kibana, Beats, and Logstash), Elastic builds self-managed and SaaS offerings that make data usable in real time and at scale for use cases like application search, site search, enterprise search, logging, APM, metrics, security, business analytics, and many more. https://www.elastic.co
About VectorSpace AI
Founded 2018 in San Francisco California and headquartered in Valleta, Malta, the team consists of scientific and technical founders with a well-known track record in Silicon Valley. Vectorspace AI maintains a deep understanding of the financial markets having developed algorithms for quantitative information arbitrage opportunities along with running public companies as well as advising hedge funds. Vectorspace AI holds a number of patents in the area of context-controlled Natural Language Processing (NLP) in collaboration with Lawrence Berkeley National Laboratory along with academics that have contributed to leading Google’s AI efforts. The platform has been registered by 300 enterprise customers that include Machine Learning (ML) companies, hedge funds, trading desks, asset management companies, technology partners and data vendors. All customers consume Vectorspace AI’s alternative dataset building and ‘feature engineering’ platform which provides on-demand datasets and features for NLP, ML and AI operations. www.vectorspace.ai
About IDEX Exchange
IDEX is the first Ethereum based decentralized smart contract exchange to support real-time trading and high transaction throughput. IDEX is the most advanced Ethereum DEX, supporting limit and market orders, gas-free cancels, and the ability to fill many trades at once. https://idex.market
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