Elliptic integrates ChatGPT

Elliptic integrates ChatGPT

Cryptocurrency risk management company ellipticto improve its efficiency in detecting crypto threats ChatGPTintegrated the . This came at a time when other crypto companies were reporting mixed results on the ChatGPT app.

Elliptic provides crypto users with risk assessments regarding transactions, wallets and exchanges. These are accomplished by a team of human researchers using a proprietary dataset with decades of data.

Elliptic has incorporated ChatGPT into its off-chain intelligence and research operations to increase the accuracy and speed of identifying new risks, according to a statement on June 1.

It was noted that ChatGPT will allow researchers and investigators to address new risk factors at higher volumes and more quickly than ever before.

CTO of Elliptic Jackson Hullsuggested that the app has the potential to detect risks that human researchers may not be aware of, saying:

Our customers come to us to know exactly the risks they are exposed to. Integrating ChatGPT allows us to scale our intelligence, giving our clients a view of risk they can’t get anywhere else.

ChatGPT and other companies

Several crypto companies have recently implemented ChatGPT into their operations and have had mixed results.

Cryptocurrency exchange Cryptocomlaunched Amy, a ChatGPT-based artificial intelligence user assistant, on May 3 to help keep users informed about the industry, including real-time token prices, projects, and past events.

A Cryptocom spokesperson told Cointelegraph that artificial intelligence has the potential to have major implications in the crypto industry. The spokesperson said they expect a lot of feedback to be integrated into future upgrades in the early days.

However, the cryptocurrency derivatives exchange bitget Cracks have been detected in the accuracy of ChatGPT’s responses for Bitget’s managing director, Gracy Chen, told Cointelegraph on June 1 that Bitget was initially impressed by ChatGPT’s handling of routine customer inquiries, but bugs were detected when more complex queries were given. Chen said:

Despite being trained on extensive data, ChatGPT sometimes provides misleading, biased or incomplete information, a recent internal test reminded us of that.

These developments are announced by Solana Labs on April 26. Left (LEFT) It comes after announcing that its users will soon be able to interact with the Solana network directly through ChatGPT. Through an open source plugin created for ChatGPT, users will be able to check their wallet balances, transfer tokens and purchase NFTs. Solana Labs has not yet announced when this feature will be available to the public.

Cointelegraph reached out to Elliptic’s comment but did not receive a response until time of publication.

You may be interested in: Artificial intelligence projects are becoming the focus of investors

Soruce : https://tr.cointelegraph.com/news/elliptic-chat-gpt-crypto-risk-detection

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