ChatGPT partners with Elliptic for better crypto risk detection.

The cryptocurrency risk management company, Elliptic, has integrated ChatGPT to improve its efficiency in detecting cryptocurrency threats. Other cryptocurrency firms have reported mixed results in implementing this technology. Elliptic’s team of human researchers uses a proprietary data set with over a decade’s worth of data to provide risk assessments for crypto users regarding transactions, wallets, and exchanges. To improve the speed and accuracy of identifying new risks, Elliptic has implemented ChatGPT into its off-chain intelligence and research operations. The implementation of ChatGPT has the potential to detect risks that human researchers may have failed to recognize. Several crypto firms have recently implemented ChatGPT into their operations, but some have reported inaccuracies in the technology’s responses. Despite mixed results, Elliptic has integrated ChatGPT to help its researchers and investigators tackle new risk factors in higher volumes and at a quicker speed than ever before.

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