A Research: Investigation of Financial Applications with Blockchain Technology
Cryptocurrencies have revolutionized the financial landscape by providing decentralized and anonymous payment systems, making them an intriguing subject for investors and researchers. This article delves into applying machine learning techniques for predicting cryptocurrency...
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| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Hitit University
2024-03-01
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| Series: | Hittite Journal of Science and Engineering |
| Online Access: | https://dergipark.org.tr/en/doi/10.17350/HJSE19030000329 |
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| _version_ | 1841545340996550656 |
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| author | Mohammed Ali Mohammed Mohammed Fuat Türk |
| author_facet | Mohammed Ali Mohammed Mohammed Fuat Türk |
| author_sort | Mohammed Ali Mohammed Mohammed |
| collection | DOAJ |
| description |
Cryptocurrencies have revolutionized the financial landscape by providing decentralized and anonymous payment systems, making them an intriguing subject for investors and researchers. This article delves into applying machine learning techniques for predicting cryptocurrency prices, mainly focusing on Bitcoin, Ethereum, and Binance Coin. Employing a range of machine learning models, including XGBoost, Linear Regression, and Gaussian Processes, the study aims to evaluate their predictive performance comprehensively. The results are promising; our models outperform existing studies, achieving impressively low RMSE values of 0.0040 for Bitcoin, 0.028 for Ethereum, and 0.027 for Binance Coin. These findings contribute valuable insights into the volatility and dynamics of cryptocurrency prices and underscore the potential of machine learning in shaping financial decision-making. Future directions include integrating advanced deep learning models, additional data sources, and ensemble methods to enhance prediction accuracy and robustness. |
| format | Article |
| id | doaj-art-357d3e5f01c64fc4a8b96a58fa316188 |
| institution | Kabale University |
| issn | 2148-4171 |
| language | English |
| publishDate | 2024-03-01 |
| publisher | Hitit University |
| record_format | Article |
| series | Hittite Journal of Science and Engineering |
| spelling | doaj-art-357d3e5f01c64fc4a8b96a58fa3161882025-01-12T07:13:55ZengHitit UniversityHittite Journal of Science and Engineering2148-41712024-03-01111334010.17350/HJSE19030000329150 A Research: Investigation of Financial Applications with Blockchain Technology Mohammed Ali Mohammed Mohammed0https://orcid.org/0009-0003-5492-8859Fuat Türk1https://orcid.org/0000-0001-8159-360XCANKIRI KARATEKIN UNIVERSITYKIRIKKALE ÜNİVERSİTESİ Cryptocurrencies have revolutionized the financial landscape by providing decentralized and anonymous payment systems, making them an intriguing subject for investors and researchers. This article delves into applying machine learning techniques for predicting cryptocurrency prices, mainly focusing on Bitcoin, Ethereum, and Binance Coin. Employing a range of machine learning models, including XGBoost, Linear Regression, and Gaussian Processes, the study aims to evaluate their predictive performance comprehensively. The results are promising; our models outperform existing studies, achieving impressively low RMSE values of 0.0040 for Bitcoin, 0.028 for Ethereum, and 0.027 for Binance Coin. These findings contribute valuable insights into the volatility and dynamics of cryptocurrency prices and underscore the potential of machine learning in shaping financial decision-making. Future directions include integrating advanced deep learning models, additional data sources, and ensemble methods to enhance prediction accuracy and robustness.https://dergipark.org.tr/en/doi/10.17350/HJSE19030000329 |
| spellingShingle | Mohammed Ali Mohammed Mohammed Fuat Türk A Research: Investigation of Financial Applications with Blockchain Technology Hittite Journal of Science and Engineering |
| title |
A Research: Investigation of Financial Applications with Blockchain Technology
|
| title_full |
A Research: Investigation of Financial Applications with Blockchain Technology
|
| title_fullStr |
A Research: Investigation of Financial Applications with Blockchain Technology
|
| title_full_unstemmed |
A Research: Investigation of Financial Applications with Blockchain Technology
|
| title_short |
A Research: Investigation of Financial Applications with Blockchain Technology
|
| title_sort | research investigation of financial applications with blockchain technology |
| url | https://dergipark.org.tr/en/doi/10.17350/HJSE19030000329 |
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