Elliptic Employs ChatGPT for Enhanced Intelligence Gathering
In a major stride towards bolstering its intelligence gathering and research capabilities, blockchain analytics firm Elliptic has announced its partnership with OpenAI's ChatGPT. The integration of this advanced language model will empower Elliptic's experts to accelerate their analysis of emerging risks associated with crypto assets while enhancing accuracy and scalability.
ChatGPT to Revolutionize Crypto-Asset Risk Analysis and Research
The London headquartered Elliptic, renowned for its blockchain analysis and crypto-asset risk management, will leverage ChatGPT's cutting-edge AI technology to unlock new horizons in off-chain intelligence and research gathering.
The company released a press release claiming that the solutions it has developed leverage a proprietary dataset spanning over a decade of data, “encompassing over 97% of crypto transactions by trading volume, and the largest collection of crypto exchange risk profiles.”
With the addition of ChatGPT, Elliptic's team of researchers and investigators will now have the ability to efficiently synthesize and organize intelligence on new risk factors with unprecedented speed and volume. This revolutionary partnership reflects Elliptic's commitment to staying at the forefront of blockchain innovation and embracing state-of-the-art technologies to elevate their work. The firm noted in a statement:
"With Chatgpt, Elliptic’s researchers and investigators will be able to synthesize and organize intelligence on new risk factors in higher volumes and at a quicker speed than ever before."
Simone Maini, the CEO of Elliptic, expressed pride in the company's pioneering approach, stating, "We are constantly seeking ways to enhance our operations, and integrating ChatGPT allows us to scale up our intelligence gathering capabilities." Chief Technology Officer Jackson Hull added, "The fusion of human expertise and AI-driven tools ensures that we maintain the highest level of accuracy and efficiency."
As a leading provider of blockchain analysis and risk assessment services, Elliptic caters to financial firms, cryptocurrency businesses, governments, and law enforcement agencies worldwide. Supported by prominent investors such as J.P. Morgan and Wells Fargo Strategic Capital, the company has cemented its position as a trusted authority in the industry.
OpenAI's ChatGPT, developed by the renowned Microsoft-funded AI research laboratory, continues to make significant strides in the crypto space. In a testament to its growing prominence, Coinbase, a leading US digital asset exchange, recently announced its own testing of ChatGPT as a token verification tool.
Given the remarkable potential demonstrated by ChatGPT in the crypto industry, will the applications for this powerful AI continue to grow?
Please share your thoughts and expectations in the comments section below and join the conversation on the future of ChatGPT in the crypto realm.
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