Binance believes ChatGPT has potential to push crypto adoption

23

Binance crypto exchange shared its opinion on the future adoption of AI technology in the crypto industry.

Binance is a popular Crypto exchange. Because of the better crypto services, the exchange is standing at the first rank in the crypto industry. The services of this exchange are not limited to crypto trade services for crypto traders but also provide decentralized crypto trading services via a decentralized Crypto wallet & has its own Crypto ecosystem on the “Binance Smart Chain (BSC)” network.  

Recently Binance exchange published a blog post on a popular Artificial intelligence (AI) focussed ChatBot named ChatGPT. 

Binance report noted that the response behaviour of ChatGPT is more similar to humans nature and here this feature of this AI chatbot can be used to entertain people & also to educate them about the basic technology of Crypto & blockchain e.g. Proof-of-work (Pow), Proof-of-stake (PoS), Crypto mining, etc. 

“ChatGPT has the benefit of being able to help clarify concepts interactively and conversationally. Users can also keep asking it questions until they feel like they have fully understood whatever crypto-related topic it is they are interested in,” Binance post read.

Crypto projects & AI technology

In the recent few months, the AI technology focussed crypto projects grabbed huge popularity and also their corresponding crypto token price surged rapidly. 

Last week, Popular Proof-of-stake (PoS) blockchain project Tron also announced AI technology-focused development works with a $100 million fund investment. 

The Tron project team aimed to bring better use cases of AI technology in the Crypto sector. 

These things are showing that the next trend in the crypto sector is going to be AI crypto tokens. Few experts believe that Web3 & AI technology can collaboratively help to bring Innovations in the crypto sector to another level. 

Read also: Coinbase CEO says America risks losing its status as a financial hub