News
Apr 1, 2023
Blocktrace, a blockchain forensic and analytics startup, recently introduced its newest project, Robby the Robot. This AI-powered robot interacts with the Bitcoin blockchain, offering precise and efficient responses to Bitcoin-related queries.
Shaun MaGruder, the company's founder, revealed that Blocktrace has a complete copy of the Bitcoin blockchain's data in its database. The application features a natural language model, enabling users to interact with a virtual assistant using everyday language.
MaGruder highlighted that users can swiftly request specific details, such as transactions occurring between certain dates and amounts. This method saves time compared to manually using a blockchain explorer, which can take up to two hours.
Blocktrace ultimately aims to leverage OpenAI technology, allowing users and investigators to accurately and efficiently locate Bitcoin addresses and identify transactions on the network with precision and thoroughness.
Robby's early access beta registration is now open, and Blocktrace plans to gradually introduce the natural language processor to its clients, streamlining the blockchain analysis process and making it more effective.
Blocktrace's tailor-made tools offer real-time monitoring of cryptocurrency networks, enabling in-depth analysis of all blockchain transactions. The five-year-old firm provides investigation services, supplying expert analysts for assistance and guidance. Blocktrace also offers hands-on training to help teams quickly grasp blockchain technology and cryptocurrency transactions.
The convergence of crypto and AI is an exciting field with the potential to transform how we perceive money and transactions. AI can analyze vast quantities of data generated by cryptocurrency transactions, offering insights and forecasts that assist investors in making well-informed decisions. As this technology evolves, we can anticipate new and groundbreaking applications of AI and cryptocurrency that will shape the financial landscape of the future.