Binance CEO Predicts The Future of AI In Crypto

CZ on the Intersection of AI and Blockchain

CZ, CEO of Binance, spoke about the intersection of AI and blockchain in a recent interview with OECD.AI.

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He highlighted how blockchain technology provides transparent transaction data for AI big data analysis, such as risk monitoring and customer support.

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CZ discussed various ways in which AI is used in crypto trading algorithms and blockchain analytics software.

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He emphasized the importance of regulatory clarity in the crypto industry, balancing economic growth with fraud prevention, and increased transparency and security.

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He said- "We are using AI heavily for risk monitoring to prevent fraudulent transactions".

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He acknowledged that killing the entire industry would be counterproductive and highlighted AI and blockchain's importance in transforming various industries.

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CZ's insights shed light on the potential of the intersection of AI and blockchain and the importance of regulatory clarity for the crypto industry's growth.

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