BUSINESS

QARASoft launches AI-powered app beta for financial market forecasting

By Son Ji-hyoung
  • Published : May 29, 2018 - 17:36
  • Updated : May 29, 2018 - 17:36
South Korean financial technology startup QARASoft on Tuesday launched a beta version of an artificial intelligence-powered application to forecast financial market movements.

(QARASoft)
Dubbed “Kosho,” the robo adviser app is expected to offer a prediction for the following week, based on over 400 million financial market indicators for the last 30 years, accumulated and analyzed by QARASoft’s deep learning engine, Market Dreamer.

Market Dreamer offers quantitative analyses for stock markets in countries including Korea, Japan, Hong Kong, Singapore and the United States, as well as 22 cryptocurrencies including bitcoin and ether, according to the startup founded in 2014.

The beta version of Kosho is available in Korean and English, mainly targeting retail investors in Korea and Singapore, QARASoft added.

By Son Ji-hyoung 
(consnow@heraldcorp.com)


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