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VR BASED MEDICAL TRAINING FOR DHATUPOSHANA NYAYA
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Abstract
Information
Inventors
Applicants
Specification
Documents
ORDINARY APPLICATION
Published
Filed on 11 November 2024
Abstract
A method and system for predicting cryptocurrency prices using an LSTM (Long Short-Term Memory) based model are disclosed. The method comprises acquiring a comprehensive set of features, including bu't not limited to historical price data, technical indicators, and market sentiment data extracted from various sources such as social media and news platforms. The method further involves preprocessing the acquired data and applying the LSTM algorithm to train a predictive model on the preprocessed data. The trained model is then utilized to forecast future cryptocurrency pnces. This system demonstrates superior accuracy and robustness compared to traditional machine learning models, such as linear regression and ARlMA, by effectively capturing long-term dependencies and non-linear relationships within time series data. The method and system are designed to handle large datasets and incorporate diverse features, making them particularly suitable for the dynamic and volatile nature of cryptocurrency markets. This invention provides a tool for investors and traders to make informed decisions by predicting cryptocurrency price movements with improved precision.
Patent Information
Application ID | 202441086710 |
Invention Field | COMPUTER SCIENCE |
Date of Application | 11/11/2024 |
Publication Number | 46/2024 |
Inventors
Name | Address | Country | Nationality |
---|---|---|---|
M Gayathridevi | SRI SHAKTHI INSTITUTE OF ENGINEERING AND TECHNOLOGY SRI SHAKTHI NAGAR L&T- BYPASS CHINNIYAMPALAYAM POST, COIMBATORE 641062 | India | India |
M.Praveen Eswar | SRI SHAKTHI INSTITUTE OF ENGINEERING AND TECHNOLOGY SRI SHAKTHI NAGAR L&T- BYPASS CHINNIYAMPALAYAM POST, COIMBATORE 641062 | India | India |
G.Elamaran | SRI SHAKTHI INSTITUTE OF ENGINEERING AND TECHNOLOGY SRI SHAKTHI NAGAR L&T- BYPASS CHINNIYAMPALAYAM POST, COIMBATORE 641062 | India | India |
S.Vignesh | SRI SHAKTHI INSTITUTE OF ENGINEERING AND TECHNOLOGY SRI SHAKTHI NAGAR L&T- BYPASS CHINNIYAMPALAYAM POST, COIMBATORE 641062 | India | India |
Applicants
Name | Address | Country | Nationality |
---|---|---|---|
M Gayathridevi | SRI SHAKTHI INSTITUTE OF ENGINEERING AND TECHNOLOGY SRI SHAKTHI NAGAR L&T- BYPASS CHINNIYAMPALAYAM POST, COIMBATORE 641062 | India | India |
M.Praveen Eswar | SRI SHAKTHI INSTITUTE OF ENGINEERING AND TECHNOLOGY SRI SHAKTHI NAGAR L&T- BYPASS CHINNIYAMPALAYAM POST, COIMBATORE 641062 | India | India |
G.Elamaran | SRI SHAKTHI INSTITUTE OF ENGINEERING AND TECHNOLOGY SRI SHAKTHI NAGAR L&T- BYPASS CHINNIYAMPALAYAM POST, COIMBATORE 641062 | India | India |
S.Vignesh | SRI SHAKTHI INSTITUTE OF ENGINEERING AND TECHNOLOGY SRI SHAKTHI NAGAR L&T- BYPASS CHINNIYAMPALAYAM POST, COIMBATORE 641062 | India | India |
Specification
FIELD OF INVENTION:
1. Financial Forecasting:
This invention falls within the field of financial forecasting, concentrating on
the application of machine learning algorithms to predict price movements in
financial markets. It is particularly relevant to the prediction of cryptocurrency
prices, offering new tools and methodologies for investors and analysts to
navigate highly volatile markets.
2. Machine Learning and Artificial Intelligence:
The present invention pertains to the domain of machine learning and artificial
intelligence, specifically the development and application of predictive models
using LSTM (Long Short-Term Memory) techniques. The invention utilizes the
LSTM algorithm to model complex, non-linear relationships and long-term
dependencies in cryptocurrency markets, improving the accuracy and reliability
of price predictions.
3. Blockchain and Digital Assets:
This invention is situated within the field of blockchain technology and digital
assets. It provides a novel approach to predicting the price fluctuations of
cryptocurrencies, which are decentralized digital assets operating on
blockchain networks. The invention is designed to enhance trading strategies
and risk management practices in the rapidly evolving digital asset markets.
4. Data Science and Big Data Analytics:
The invention relates to the field of data science and big data analytics,
focusing on the integration and analysis of large-scale, multi-source data for
financial prediction purposes. The system described in this invention collects
and processes vast amounts of data from cryptocurrency exchanges, technical
indicators, and sentiment analysis to predict future market trends using LSTM
models.
5. Investment and Trading Technologies:
This invention is within the field of investment and trading technologies,
offering a system that aids in making informed trading decisions based on
predictive analytics. The invention applies advanced LSTM techniques to
forecast cryptocurrency prices, providing traders and investors with a
competitive edge in the market.
6. Sentiment Analysis and Natural Language Processing:
The present invention is associated with the fields of sentiment analysis and
natural language processing (NLP), focusing on the extraction and
quantification of market sentiment from social media and news sources. This
sentiment data is then integrated into an LSTM model to predict cryptocurrency
prices more accurately.
Algorithm Implementation:
Advanced Analytics:
•
•
Real-Time Violence Detection:
o LSTM enhances deep lea111ing models for fast and accurate violence
detection.
o Processes high-dimensional video data efficiently, improving response
times by leveraging its ability to capture temporal dependencies.
Behavioral Analysis:
o Utilizes LSTM for anomaly detection and emotion recognition.
Analyzes facial expressions, body movements, and contextual cues over
time to identify potential threats effectively.
Predictive Analytics:
• Historical Data Analysis:
o Applies LSTM to identify patterns in past incidents by considering the
sequence of events.
o Assesses risks based on historical data, enhancing predictive accuracy
through its ability to learn from time-dependent patterns.
• Geospatial Analysis:
Supports real-time creation of heat maps, identifying high-tension areas with
precision by analyzing sequences of geospatial data over time.
Ethical and Privacy Considerations:
• Bias Mitigation:
o LSTM is trained on diverse datasets to reduce biases and ensure fair
predictions while considering the temporal context of the data.
Challenges and Future Directions
Accuracy and False Positives:
• Challenge: Maintaining high accuracy while minimizing false positives IS
difficult due to the complexity of temporal data.
• Future Direction: Refine LSTM models with diverse datasets to improve
accuracy and reduce false alarms.
Scalability:
• Challenge: Scaling the system to monitor large gatherings
challenging due to the computational demands of LSTM.
• Future Direction: Develop scalable architectures and optimize LSTM for
distributed computing environments.
Privacy:
• Challenge: Addressing privacy concerns related to surveillance is critical.
• Future Direction: Implement anonymization techniques and ensure compliance
with privacy regulations while using LSTM for analysis.
Real-Time Processing:
• Challenge: Enabling real-time detection and response is resource-intensive due
to LSTM's computational requirements.
• Future Direction: Enhance processing speeds and optimize LSTM algorithms
for real-time performance.
Summary of the Invention:
The present invention introduces a method and system for accurately predicting
cryptocurrency prices using the LSTM (Long Short-Term Memory) algorithm. By
leveraging historical price data, technical indicators, and sentiment analysis, this
invention provides a robust solution to the challenges posed by the volatile nature of
cryptocurrency markets.
The system comprises modules for data acquisition, preprocessing, feature selection,
and model training. The LSTM algorithm is employed to capture complex, non-linear
relationships and long-term dependencies within the data, enabling precise predictions
of future price movements. The invention also incorporates advanced video analytics
for real-time violence detection and behavioral analysis, utilizing similar machine
learning principles.
Moreover, the invention addresses key challenges such as scalability, privacy, and realtime
processing, making it suitable for large-scale deployments. Ethical considerations
are integrated into the design, ensuring that the system is both effective and compliant
with privacy regulations. This invention significantly enhances the tools available for
investors, traders, and analysts in the rapidly evolving cryptocurrency and security
sectors.
The invention also incorporates a predictive analytics component that analyzes
historical data and generates actionable insights for risk assessment and decisionmaking.
By integrating real-time geospatial analysis, the system can visualize hightension
areas and detect emerging trends, providing a comprehensive view of market
dynamics and potential threats. This holistic approach enhances both the financial and
security applications of the system, offering users advanced tools for navigating
complex environments and making informed decisions in real-time.
Claims:
I. A predictive analytics system for cryptocurrency forecasting, using an LSTM
algorithm to model price movements based on historical data, technical indicators,
and market sentiment.
2. The system of claim I, where the LSTM model is trained on diverse datasets
including price data from multiple exchanges, technical indicators, and sentiment
from social media and news.
3. The system of claim I, further comprising a data preprocessing module to
normalize and clean data, and a feature selection module to prioritize relevant
features for better accuracy.
4. The system of claim I, employing hyperparameter tuning and cross-validation to
optimize LSTM model performance.
5. The system of claim I, including real-time analytics to provide actionable insights
and predictions for timely decision-making by traders and investors.
6.The system of claim I, integrating ethical considerations by anonymizing data and
ensuring compliance with data protection regulations.
7.The system of claim I, with continuous monitoring and updates to adapt to market
changes and maintain prediction accuracy.
Documents
Name | Date |
---|---|
202441086710-Form 1-111124.pdf | 12/11/2024 |
202441086710-Form 2(Title Page)-111124.pdf | 12/11/2024 |
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