Sirwin
Sirwin

AI in the future: Brace yourself for impending doom!

By Crypto4you23 | Cryptoanswers22 | 20 May 2023


The future of cryptocurrencies could become smarter and more accessible thanks to advancements in artificial intelligence (AI).

According to Abhi Bisarya, the Head of Product at Crypto.com, using AI to enhance the user experience will be a "game-changer" for the crypto industry.

In a recent interview, Bisarya stated that many users still find it challenging to navigate cryptocurrency-based products.

To address this, Crypto.com is currently testing an AI assistant named Amy, designed to answer industry-related questions.

According to him, Amy is based on OpenAI's ChatGPT and is currently in the training phase to provide accurate and helpful answers.

During an interview with Blockworks, Bisarya shared that Amy and other AI innovations will begin to permeate various products and applications at Crypto.com, offering essential guidance to users on their journey through the crypto universe.

He believes that integrating AI with real-time analytics is crucial to providing low-latency solutions, especially for new users who are still learning about the industry.

"The early adopters were willing to go through many obstacles to find the solutions they were looking for," said the Head of Product at Crypto.com. "I don't think that's suitable for a mass adoption environment. We won't reach a billion users if things are overly complicated."

Bisarya also discussed the company's recent launches.

In March, Crypto.com introduced its CFTC-regulated cryptocurrency derivatives product called UpDown Options for US users.

Additionally, they unveiled an on-chain betting solution for users outside the US and Canada.

Despite these advancements, Bisarya emphasized that user-friendliness will continue to be a priority for the company as it expands its offerings.

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