AI has transformed different fields of business into a new age. The latest competitor to join the race is the banking and financial sector. Moreover, CNBC report says that AI is not only for big banks, but also for local banks and even small ones, and they will all use it to improve the customer experience. On the other hand, InQubeta (QUBE), an AI-powered crowdfunding platform for AI startups, is raising eyebrows with its presale success and ambitious goals.
Banks will use AI technology
The report indicates that the pandemic was a catalyst for the conversion of big banks. But, AI, besides, destroying the traditional industries such as Wall Street banks, is also entering the new ones.
Experts and executives say that the small and independent branches will be on the merriest day due to their flexibility and modest size. The neighborhood bank branch will gradually transform into an AI-empowered, customer-centric financial services hub, competing with the large banks in terms of the AI-enabled services that they will be able to provide.
AI To Modernize Banking
AI systems are becoming a more and more prevalent factor in the banking industry as they are able to make decisions based on data that is beyond the human ability to understand and which help banks to reduce costs. Besides, smart algorithms work and are very fast to detect false information.
It has shown that 79% of the banks foresee the implementation of artificial intelligence and this has been revealed by the Business Insider report. This is also supported by a different McKinsey study that predicts the potential of artificial intelligence in banking and finance can be up to $1 trillion. The data illustrate how rapidly the banking industry is relying on artificial intelligence to improve productivity, cut costs, and deliver better services and efficiency.
InQubeta: AI-Driven Crowdfunding Is Ready to Surge
New cryptocurrencies such as InQubeta (QUBE) are currently hot topics for the high risk, high return nature of their investment. However, InQubeta is not a scheme that only promises massive gains. Even though it is AI-based altcoin, it still has the real use cases. InQubeta is taking the first steps to create a crowdfunding platform that will be based on cryptocurrency and will be used only for AI startups. This innovative way of funding AI is a new concept that aims to transform the rapidly growing AI industry by providing a fresh funding model. Sectoral analysts refer to this as an advanced step that is likely to usher in wider use of AI technology.
InQubeta Presale: high-risk, high-reward!
The InQubeta main power is that it provides the investors with a possibility to meet with the AI startups that are prospective. InQubeta ecosystem gives the investors an opportunity to earn a lot in the financial market while at the same time they can contribute to the development of AI. Nevertheless, it is critical to keep in mind that this kind of business undertakings also involve some degree of risk. As with any investment, prudence and a pre-defined risk tolerance is an indispensable factor to consider before getting in.
The QUBE presale has demonstrated a remarkable investors interest already by raising $13.5 million, which is an impressive amount. The token will be sold at $0.028 per token. Experts believe that this price will jump 55 times after the launch, which is making the community even more eager to join in.
