ChatGPT Latest Enhancement: Revolution in The Crypto World

Sam Altman is one of the co-founders of the OpenAI, which launched the latest version of the ChatGPT recently. It has the potential to change the way things are done in the crypto world.

According to Sam Altman, ChatGPT, a highly competent language model, can currently explore the web and supply timely and current information complete with link references. Unlike before, it can now view dates up to August 2022. This widens the scope for ChatGPT in the cryosphere.

However, the restricted knowledge base limited the application of its success in predicting crypto prices. The latest capability that has been added to ChatGPT is the ability to draw current data directly and with it more informed outlook on the fast-changing marketplace of cryptocurrencies.

ChatGPT Role in The Crypto Industry

ChatGPT’s impact on the crypto industry goes beyond price predictions. In June, Elliptic, a prominent firm specializing in managing crypto risks, integrated ChatGPT into its intelligence and research operations. This integration aims to bolster the efficiency and accuracy of Elliptic’s research efforts, enabling investigator teams to identify emerging risk factors and manage larger volumes of risks effectively.

Read More: Innovations in AI Communication

Furthermore, the Solana Foundation integrated ChatGPT into its network, introducing a new plugin that enables users to directly access features like checking wallet balances, transferring tokens, and purchasing non-fungible tokens (NFTs) with Solana through ChatGPT.

Cryptocurrency exchange Bitget has also embraced AI in various capacities to enhance its services and stay ahead of the curve. AI tools are employed to streamline processes, with notable improvements in the translation team’s efficiency and the customer service department’s responsiveness.

Read More: Ethereum VS Solana: Which Blockchain should you choose for the non-fungible token (NFTs)?

Bitget is actively working on an AI-powered chatbot, inspired by OpenAI’s ChatGPT, aimed at assisting users in their trading activities. It’s clear that AI integration is driving innovation and efficiency across multiple sectors within the cryptocurrency industry.

Register and Join Us: Bitget

ChatGPT Predictions For The Future of Web3

Recently, marketeer and Web 3 entrepreneur, Stacy Muur, asked ChatGPT about its views concerning Web 3 future. To this, the chatbot outlined a meaningful timeline that could see the world adopt cryptocurrencies by 2024; decentralized identity by 2025, and finally replace the current model of financial service by DeFi by the year 2026.

Furthermore, ChatGPT anticipated the creation of DAOs, blockchain adoption in health care, and the development of green blockchain ecosystems before 2035. These technologies were seen as the key to providing safe, efficient, and peer-to-peer internet storage that could replace cloud or server-based storage systems.

Wrap-Up ChatGPT Latest Enhancement

In conclusion, ChatGPT’s newly upgraded model can revolutionize crypto by becoming a reliable source that gives live data insights. The chatbot has also proved relevant in the past years and as it keeps growing and integrates into different platforms, its impact as well as possibilities within the cryptocurrency sphere will only continue to grow, leading to a new age in the industry.

Frequently Asked Questions (FAQs) ChatGPT Latest Enhancement

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About The Author

I have had a keen interest in the world of cryptocurrency and blockchain technology since 2013. My entrepreneurial drive led me to create CryptoGuideToday, a blog dedicated to providing comprehensive coverage of all things related to blockchain and cryptocurrencies. My goal is to educate and inform people about these technologies and provide valuable insights. I am a firm believer that self-education is crucial for achieving success in this field.

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