Saturday 3 June 2023

Boosting Crypto Risk Detection with Elliptic Integrates ChatGPT

Elliptic Integrates ChatGPT AI to Ramp Up Crypto Threat Detection

Elliptic, a crypto risk management firm, has integrated ChatGPT into its off-chain intelligence and research operations to improve the accuracy and speed of identifying new risks. ChatGPT is expected to allow Elliptic’s researchers and investigators to handle new risk factors in higher volumes and at a quicker speed than ever before.

Jackson Hull, the CTO of Elliptic, said that the implementation of ChatGPT has the potential to detect risks that human researchers may have failed to recognize. He stated, “Our customers come to us to know exactly their risk exposure. Integrating ChatGPT allows us to scale up our intelligence, giving our customers a view on risk they can’t get anywhere else.”

While several crypto firms have already implemented ChatGPT into their operations, yielding mixed results, Elliptic believes that the integration of ChatGPT will bolster crypto threat detection, proving to be a valuable asset to the crypto industry.

Editor Notes: The integration of ChatGPT to crypto threat detection operations comes at a crucial time when the crypto industry is facing increased scrutiny and regulations. The move by Elliptic is a significant step towards improving the industry’s safety and security, and such integrations should be encouraged. Stay up to date with the latest crypto news and analysis by visiting GPT News Room.

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