Blockchain technology incorporates security with the ability to verify and allow transactions originated by a trusted party as well as encryption while data is being transmitted and stored. It provides transparency about who has access, who is transacting and a record of all the interactions. Blockchain is still very much connected to the crypto world in the mind of many. And that is seen as a world of bad actors, hackers, frauds, and speculators. Indexing and querying blockchain data has become a challenge for decentralized projects in the blockchain ecosystem. Taking this dilemma into consideration, bitsCrunch, was formed. bitsCrunch is one of the top 4 AI companies in Munich, Germany that excels in Blockchain technology and is making giant strides in the blockchain ecosystem by providing AI enabled securing services that protects the ecosystem integrity.
The mission of bitsCrunch is to create impactful insights from intricate data sources, by harnessing predictive analytical systems which is empowering organizations with actionable intelligence.
bitsCrunch’s vision is to be the stakeholder of choice that best understands the intersecting contexts of data, technology & people generating tangible value in an abstract digital ecosystem.
Read along to know more about how bitsCrunch is making an impact in the crypto industry.
What are the distinguished set of products or services offered by your company? Please elaborate on how it has helped in staying ahead of your competition.
NFT market is growing tremendously with its ability to generate, sell and exchange numerous digital items, like games, arts, sculptures, lands, characters, videos, music which attracts many collectors, traders, and creative assignments.
Trust is a primary barrier to adoption for the NFT marketplace ecosystem. We are building AI products to secure the ecosystem and increase adoption.
Our Products:
Crunch DaVinci
An AI model that flags forgeries, copycats and bootleg digital art contents thereby protecting the artists and their creations.
Scour
An AI agent that acts as a watchdog to flag the spoofing transactions that manipulates both volume and price of the assets in the NFT ecosystem.
Liquify
A fair value estimation & analytics for Digital Assets (NFTs) using AI to empower the community to embrace and value their assets in real-time.
Brief us about the featured person and their journey in the blockchain services space.
Vijay Pravin Maharajan, is CEO at bitsCrunch | Data Story Teller | TEDx Speaker | 20+ Inspiring Data Scientists to be followed (AI Time Journal, USA) | ’40 under 40 Data Scientists’ Awardee in India.
He is Specialized in Public Speaking, Blockchain, Data Analytics, Data Science, Data Visualization, Machine Learning, Artificial Intelligence.
How has the ongoing pandemic affected the operations of your company? How are you driving your firm to sustain its operations and ensuring safety of your employees at the same time?
Current pandemic did not affect our operations, the reason being we incorporated our business in the middle of the pandemic. We are working remotely since the beginning and thereby also ensuring the safety of the employees.
What would be your strategic approach to scale your business in 2021 and beyond?
Our strategic approach to scale our business since we have reached a bottleneck where employees are unable to handle the workload and our leads continue to increase.
We are planning to increase the operations team to handle work and help us on developing the products.
What would be your advice to budding entrepreneurs who aspire to venture into the blockchain management and services sector?
Get into blockchain as early as possible. We believe that blockchain has the potential to change this world more than the internet did.
Where do you envision your company to be in the long run and what are your future goals?
We are already on our mission of indexing all the world’s blockchain data. We have indexed all NFT data on Ethereum since its inception! We would like to index different blockchain data and would like to be Ecosystem Guardians by providing our product services.
Our future goals are to deploy our products in a phased manner and provide solutions for the NFT marketplaces.
What is the current industrial scenario of the Indian blockchain management services space?
Digital technologies are gradually entering all areas of our lives. The impact of blockchain in the industries of finance, identity, supply chain management creates more use cases for enterprises, institutions, and governments.
We believe that blockchain will have a positive impact on the fundamental principles of the systems that dominate the world today.
