TL;DR:
- Elliptic, a leader in cryptoasset risk management, has integrated ChatGPT into its off-chain intelligence and research efforts.
- ChatGPT enhances Elliptic’s ability to synthesize and organize intelligence on new risk factors at a faster speed.
- Elliptic’s proprietary dataset provides the industry’s most extensive coverage, encompassing over 97% of crypto transactions by trading volume.
- The integration of ChatGPT allows Elliptic to scale up its intelligence, offering customers a unique view of risk exposure.
- Elliptic’s adoption of ChatGPT demonstrates its commitment to innovation and pushing the boundaries of cryptoasset risk management.
Main AI News:
In a groundbreaking move, Elliptic, the unrivaled leader in cryptoasset risk management, has announced the integration of ChatGPT, a cutting-edge large language model (LLM), into their off-chain intelligence and research endeavors. Renowned as the pioneering force behind the blockchain analytics industry, Elliptic leverages a unique and proprietary dataset spanning over a decade. This formidable resource empowers their solutions, enabling them to provide the most comprehensive coverage in the industry, accounting for over 97% of crypto transactions by trading volume, along with the world’s largest collection of crypto exchange risk profiles.
Through the integration of ChatGPT, Elliptic’s team of researchers and investigators will gain unprecedented capabilities in synthesizing and organizing intelligence on emerging risk factors. The introduction of this innovative technology will significantly accelerate their efforts, enabling them to achieve new levels of accuracy and scalability, while the LLM seamlessly handles data organization.
Elliptic has consistently been at the forefront of blockchain innovation, spearheading the introduction of blockchain analytics to the market. They pride themselves on their unwavering commitment to incorporating cutting-edge technologies to enhance their operations, without compromising the high standards for which they are renowned. Simone Maini, the CEO of Elliptic, emphasizes, “Integrating the LLM into our suite of tools is in line with our DNA of embracing progressive solutions and revolutionizing how we operate. It allows us to continue providing our customers with an unparalleled, holistic view of cross chain risk.”
By embracing ChatGPT, Elliptic is poised to unlock a new era of intelligence scaling. Jackson Hull, the CTO at Elliptic, affirms, “Our clients rely on us to gain precise insights into their risk exposure. The integration of ChatGPT empowers us to amplify our intelligence capabilities, offering our clients a unique perspective on risk that is unparalleled in the industry.”
Elliptic’s adoption of ChatGPT is a testament to its unwavering commitment to pushing the boundaries of innovation and advancing the field of cryptoasset risk management. By harnessing the power of language models, Elliptic sets a new standard in the industry, ensuring they stay ahead of the ever-evolving risk landscape.
Conclusion:
The integration of ChatGPT into Elliptic’s risk management solutions marks a significant development in the crypto market. By leveraging this advanced language model, Elliptic can now synthesize and organize intelligence on emerging risk factors more efficiently. This enables them to provide their customers with a comprehensive and unparalleled view of risk exposure. The integration showcases Elliptic’s dedication to embracing cutting-edge technologies and staying at the forefront of the industry, setting a new standard for crypto risk detection.
