Top Conversational AI Trends to Follow in 2022 and Beyond
With more and more evolution, Conversational AI is advancing at a great pace. Following the addition of more disruptive technologies in its cognitive capabilities and rising market demand of AI skillset, the technology is trending in 2022. Conversational AI is going to become only greater in the coming times with new abilities and attributes adding to it.
Here are some of the Conversational AI trends to follow in 2022 and beyond.
Low code/No-code Platforms
According to Kore.ai, with the use cases booming from hundreds to thousands, and conversation types increasing from thousands to millions, organizations are seeking platform-based models for meeting their evolving conversational AI needs at ease.
Coding for every little change in the requirements can be a tedious exercise resulting in a very long time to market. Low Code/No Code platforms are the perfect choice to address these issues. Having all possible features for a variety of use-case in one place, these platforms can customize their bots with just a few clicks. Low Code/No Code platforms are designed to increase the agility and effectiveness of organizations and will continue to grow traction in 2022.
Conversation AI bots of 2022 will deliver highly personalized and contextual conversations that give them a human touch. For example, they can understand and remember conversation context, past dialogs, user preferences, etc., and ‘wow’ the users with their suaveness. They can also carry the context across multiple conversations to understand the past and future requirements. With their humanesque conversations, they can understand your sentiments and moods, and respond accordingly. These bots can be widely leveraged to cross-sell and up-sell products/services to users.
Augmented Reality in Conversational AI
Augmented Reality in chatbots is a unique technology that can take the engagement level and usage to the next heights. AR is a relatively new technology for mobile/web apps and the users are not accustomed to the usage of Augmented Reality. A chatbot within an app can facilitate the usage of this technology. Depending upon the behavior of the user and his stage in the buying cycle, they can be prompted by the use of AR by the bots.
For example, if you want to feel how a coffee table would look in your living room, or how apparel would fit you, you can use AR technology. Enterprises such as IKEA, Zara, Loreal, Amazon, and many more are testing the potential of AR, but despite its amazing technology, the adaptability is less. The cognitive capabilities of a Conversational AI bot can be used as an online concierge to assist users in their buying journey.
An Upsurge in New Skill Sets
Building conversational AI systems is no longer the exclusive domain of developers and computational linguists. Enterprises are increasing including business users on the implementation teams, allowing them to collaborate in developing and maintaining conversational AI applications — proving that new technology will bring with it changes in the skill sets needed within the business and potentially new employment opportunities.
Scriptwriters will ensure the flow of the conversation includes everything from brand values to open-ended questions that better understand the customer’s needs. Team leaders will need to know not just the business processes, but the quirks of those processes that could trip a chatbot up. Designers will improve visual understanding, such as engaging avatars capable of reacting to emotions within the conversation. And the list goes on.
Key here will be their ability to collaborate as a team in building and enhancing the conversational AI application, which means the development platform must-have features like workflows, automated testing, version control, and roll-back, as well as a graphical interface that’s easy to use.
A Hybrid Approach to Development
Andy Peart, Chief Marketing & Strategy Officer at Artificial Solutions, has long been an advocate of a hybrid natural language model that combines the advantages of both linguistic and machine learning. According to him, in 2022, we will see this hybrid approach taken to the next level. The development platforms themselves will offer the intelligence to decide where each model is used to better optimize the performance of the conversational system.
In a Forbes article, he noted that this will make it easier for the developer to build a robust application by automatically mixing and matching the underlying technology to achieve the best results. This increase in hybridization will make conversational AI technology significantly more productive for the developer where the development platform includes deep linguistic knowledge.
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Original Source: https://www.analyticsinsight.net/top-conversational-ai-trends-to-follow-in-2022-and-b…
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PrivaCrip to Power a Blockchain Network That Could Follow Cardano & XRP
When the first decentralised blockchain was popularised in 2008 by Satoshi Nakamoto, the door was open for people across the globe to transact more securely and seamlessly. Many blockchain networks have been built and powered by native crypto tokens, including PrivaCrip (PRCR).
Native tokens exist for several reasons. Aside from acting as digital currencies, they perform various functions. Helping blockchains improve data traceability, security, transparency, and trustworthiness shared throughout the network. They also assist in reducing costs through their ever-evolving efficient methods.
Cardano (ADA) and Ripple (XRP) are among the best blockchain-based cryptos that this article will discuss. We will also look at how PrivaCrip (PRCR) will power a blockchain network set to launch into the crypto space.
Top Tier Crypto Makes its Mark – Cardano (ADA)
Cardano (ADA) has been around in the crypto space since 2017. The Proof-of-Stake (PoS), Ouroborous Cardano (ADA), was established using a research-based methodology.
Research is the backbone of Cardano (ADA) and is integral to its success in the cryptocurrency market. Cardano (ADA) uses an evidence-driven mechanism and peer-reviewed research to run its ecosystem to drive its evolution.
Among many things, Cardano (ADA) helps establish DeFi products and provides a suite of financial solutions. Crypto enthusiasts can stake Cardano (ADA) for a chance to earn rewards for their holdings.
With 2022 providing challenges in cryptocurrencies across the globe, Cardano (ADA) is one of the few cryptos to see a surge in on-chain trading volume this year. CoinMarketCap lists Cardano (ADA) as the 7th largest crypto by market capitalization at the time of writing.
Making Waves – Ripple (XRP)
Launched in 2012, Ripple (XRP) is a leading provider of crypto solutions for businesses. Ripple (XRP) provides developers with a solid open-source foundation for executing demanding projects. It is fast, energy-efficient, cost-effective, and reliable.
The solutions provided by Ripple (XRP) enable developers to solve inefficiencies, including asset tokenization and remittance. Therefore, individuals and businesses may apply Ripple (XRP) for DeFi, payments, tokenization, and more.
Crypto enthusiasts with a long-term focus may find Ripple (XRP) a valuable investing tool. Token holders can use Ripple (XRP) for staking its mainnet platform for a chance to grow their earnings and maximise profit.
At the time of writing, it ranks number 6 on CoinMarketCap, making it a cryptocurrency to buy now.
The New Face Of Privacy – PrivaCrip (PRCR)
The soon-to-launch PrivaCrip (PRCR) is a cryptocurrency built for Web3 data privacy. It will allow users to develop and use permissionless and privacy-preserving applications. This unique feature of PrivaCrip (PRCR) secures apps, protects users, and fosters the creation of many new Web3 uses.
PrivaCrip (PRCR) will drive a blockchain that creates a more empowering and inclusive internet. It will enable developers to build secure dApps using private contracts based on original privacy research (OPR) to revolutionise Web3.
PrivaCrip (PRCR) will begin pre-sale soon and has an initial token price of 0.10 USD. According to the whitepaper, there will be a total supply of 190 million tokens, of which 40% of the total supply will go to the pre-sale.
Crypto enthusiasts who purchase PrivaCrip (PRCR) during the pre-sale will receive the most significant long-term rewards and bonuses. Those who buy with Bitcoin (BTC) will receive a 10% bonus. Also, those using Ethereum (ETH) to purchase will receive 15% of the total PrivaCrip (PRCR) they purchase as a bonus.
10% of PrivaCrip’s (PRCR) total supply is up for distribution as staking rewards, meaning that token holders who stake will receive rewards for their contribution to the crypto’s advancement.
Blockchain networks are continuously evolving, and so are the crypto tokens that power them. Cardano (ADA) and Ripple (XRP) have contributed tremendously to the success of their blockchain networks, gathering mass appeal.
PrivaCrip (PRCR), for its part, will drive a security-enabled blockchain and scalability in private DeFi, empower data tokenization, and bring together a fast-growing community. Acting on its promise, it has the potential to become the next big mover in cryptocurrency.
For more on PrivaCrip (PRCR), check below:
Cardano (ADA) Withdrawal Fees Waved by Bitrue Exchange
Singapore-based cryptocurrency exchange made Cardano one of its base trading pairs earlier this year
Singapore-based cryptocurrency exchange Bitrue announced that it had temporarily waived withdrawal fees for the Cardano (ADA) cryptocurrency.
The trading platform says that the move is meant to celebrate the support it received from the community behind the cryptocurrency.
Users will be able to withdraw ADA without paying any fees until mid-September.
Bitrue has stressed that it wants users to have “as much choice as possible” when it comes to custody options. Those who want to hold their ADA tokens will not be able to do so without paying an additional commission.
At the same time, Bitrue has touted its “Power Piggy” yield-farm investment program for those who want to earn passive income with ADA.
As reported by U.Today, Bitrue introduced the token as its base currency back in February.
In June 2021, it also became the first cryptocurrency trading platform to add support for Cardano-based native tokens.
Last month, Bitrue also announced a staking initiative with the ADA cryptocurrency. It decided to contribute a million tokens to some of the top Cardano staking pools in an effort to boost the level of decentralization.
Earlier this year, SundaeSwap (SUNDAE), the native token of the SundaeSwap exchange, also became available on Bitrue.
WingRiders Losses 59% Of Its Total Value Locked, Plunges Cardano TVL Below $100M
Popular Cardano-based decentralized exchange WingRiders has lost its position as the most valuable DEX on Cardano.
WingRiders slumped from the first position to third after losing more than 59% of the total value locked (TVL) on the platform in the past 30 days.
At the time of writing this line, WingRiders is now the third-largest DEX by total value locked, with a TVL of $19.66 million. It is noteworthy that WingRiders maintained the top spot for more than two months, claiming 42% of TVL On Cardano. However, the DEX has fallen from glory ever since.
Minswap Is Now Cardano’s Most Valuable DEX
The development also affected the total value locked on Cardano. The total value locked on Cardano has fallen below $100 million in the last 30 days after the WingRiders TVL slumped.
Interestingly, Minswap has taken the lead to become the most valuable decentralized exchange on Cardano after the massive decline of WingRiders’ TVL.
At press time, Minswap is leading, with a $49.09 million total value locked on the platform. The DEX hit the milestone after recording a massive growth of 30.9% in its TVL in the past 30 days. Minswap accounts for 51.82% of the total value locked on Cardano.
SundaeSwap, the first decentralized exchange on Cardano, is now the second most valuable DEX in the ecosystem. SundaeSwap is second in the ranking, with $19.72 million in TVL.
Like WingRiders, SundaeSwap has also lost a significant amount of its TVL over the past 30 days. In the past month, SundaeSwap has lost nearly 10% of the funds locked on the platform.
Commenting on the development, Cardano Daily, a platform that shares new developments about Cardano, said:
“After the major decline of @wingriderscom, the TVL scenario of the Cardano ecosystem has stabilized back to normal as we have seen in the past few weeks. @MinswapDEX still led the ecosystem with $51M TVL, contributing 50% of the ecosystem.”
CARDANO TVL STATUS
After the major decline of @wingriderscom, the TVL scenario of the @Cardano ecosystem has stabilized back to normal as we have seen in the past few weeks. @MinswapDEX still led the ecosystem with $51M TVL, contributing 50% of the ecosystem#tvl #cardano $ADA pic.twitter.com/xjZ6cHo8jX
— Cardano Daily (@cardano_daily) August 9, 2022
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