• Elliptic, a UK-based crypto analytics firm, has integrated the widely used artificial intelligence (AI) chatbot ChatGPT into its operations in order to boost its efficiency for tracking cyber criminals.
• Elliptic leverages its proprietary dataset spanning over a decade and offers coverage of more than 97% of crypto transactions as well as a large collection of exchange risk profiles.
• By incorporating ChatGPT, the company’s researchers and investigators can become more efficient in synthesizing and organizing data on new risk factors.
Crypto Analytics Firm Integrates AI to Streamline Tracking
Elliptic, a UK-based crypto analytics and risk management firm, has recently announced the integration of the widely used artificial intelligence (AI) chatbot ChatGPT into its operations. This incorporation aims to enhance the efficiency of tracking cyber criminals by leveraging Elliptic’s proprietary dataset spanning over a decade which offers coverage of more than 97% of crypto transactions as well as a large collection of crypto exchange risk profiles.
ChatGPT Enhances Efficiency
By harnessing the capabilities of ChatGPT, an AI-based so-called large language model (LLM), the company’s team members can focus their efforts on improving accuracy and scalability while letting the chatbot take care of organizing data on new risk factors efficiently. According to Elliptic’s CEO Simone Maini, this incorporation aligns with their DNA of pushing boundaries in the field while CTO Jackson Hull noted that it allows them to scale up their intelligence giving customers “a view on risk they can’t get anywhere else.“
A Decade Long Dataset
As one of the pioneers in blockchain intelligence space, Elliptic is leveraging its decade long dataset which covers more than 97% off all crypto transactions along with offering customers access to a large collection of exchange risk profiles. The company believes that with this data they are better prepared for any potential threats or risks arising from cybercriminals.
Pushing Boundaries in Blockchain Intelligence
The team at Elliptic is committed to innovation and pushing boundaries in blockchain intelligence space which is why they have incorporated AI through ChatGPT into their operations. This will enable them to increase efficiency in synthesizing and organizing intelligence regarding new risks faster than ever before.
Enhanced Risk Detection & Scalability
With this integration, not only will Elliptic be able improve their accuracy when detecting possible threats but also increase scalability since now researchers can rely on ChatGPT for organizing data efficiently while devoting their attention towards increasing accuracy and scalability even further.