Coinbase has conducted a test to see ChatGPT’s utility in conducting security analysis for ERC-20 tokens. While it didn’t hit the desired accuracy, Coinbase notes that it shows potential.
Coinbase is showing more interest in the application of ChatGPT in the crypto industry, with the exchange conducting a test using the AI application. The San Francisco-based exchange conducted a test for ERC-20 token security analysis, publishing the results in a blog post on March 20.
The test focused on performing automated token reviews that utilized Coinbase’s own ERC-20 token review framework. Coinbase notes that “ChatGPT did not hit the accuracy bar to clearly demonstrate that it should be integrated into our asset review process,” though the exchange states that it did show potential.
Coinbase compared the results of ChatGPT’s analysis with those of its internal team, which has internal tools to review a blockchain project. The…
