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Chinese cryptocurrency exchange Huobi announced the release of quantitative analysis model for investors that will evaluate various blockchain assets with the help of variables.
The CoinDesk reported that, the quantitative analysis named ‘SMARTChain’ is designed with the support from academics.
According to the company, SMARTChain aims to serve as a guide to global investors who are interested in cryptocurrencies. The model is currently in beta and is evaluated by Huobi Blockchain Research Centre.
The SMARTChain model assigns scores to each blockchain in a move to generate final top 20 ranking.
SMARTChain creators said that these scores show the potential of each cryptocurrency in a long term investment. Huobi trading platform supports bitcoin, ether and litecoin trading.
Last month, Huobi announced the launch of Ethereum (ETH) trading following which the company said that it is planning to bring ETH deposit and withdrawal soon in the near future.
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Chinese cryptocurrency exchange Huobi releases quantitative analysis model for investors
Friday, June 23, 2017 12:37 PM UTC
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