Polygon

<a href="https://chainaware.ai/" target="_blank" rel="noopener noreferrer nofollow">ChainAware.ai</a>&nbsp;offers a solution to individuals and businesses seeking to better understand their users’ crypto habits and creditworthiness.&nbsp; 
The portal combines artificial intelligence (AI), big data, and blockchain technology to provide essential services like crypto fraud detection, transaction monitoring, user segmentation, and credit scoring.&nbsp; 
<h2 class="wp-block-heading" id="chainaware-ai-is-building-trust-in-crypto">ChainAware.ai is building trust in crypto</h2> 
ChainAware.ai has integrated AI algorithms to calculate the Trust Score of any wallet on major networks like Ethereum, the BNB Chain, or Polygon.&nbsp; 
With a predictive power of 98%, their Crypto Fraud Detector tool offers an accurate forecast of potential fraudulent activity based on unique transaction patterns.&nbsp; 
 You might also like: <a href="https://crypto.news/polygon-2-0-to-establish-multiple-layer-2s-initiate-governance-change/" rel="noopener noreferrer nofollow"> Polygon 2.0 to establish multiple layer-2s, initiate governance change </a> 
To use this feature, users must select their network, input the wallet address, and click “Calculate.”&nbsp; 
The platform will reveal whether the address is new, part of a contract, or flagged as a scam address in forensic databases.&nbsp; 
Users can share their Trust Score results by connecting to SmartTrust.io.&nbsp; 
This, in turn, can help foster a community of trust and transparency.&nbsp; 
However, you do not need to log in if you only want to check an external wallet address. 
<h2 class="wp-block-heading" id="crypto-transaction-monitoring-for-businesses">Crypto transaction monitoring for businesses</h2> 
Businesses can also use ChainAware.ai’s AI-based Transaction Monitoring system to validate transacting addresses in real time for trustworthy transactions.&nbsp; 
 You might also like: <a href="https://crypto.news/us-doj-reportedly-considering-fraud-charges-against-binance-to-minimize-impact/" rel="noopener noreferrer nofollow"> US DoJ reportedly considering fraud charges against Binance to minimize impact </a> 
At the same time, exchanges or decentralized finance (defi) dapps can leverage this system to make informed decisions and comply with regulatory requirements. 
<figure class="wp-block-image size-large"> 
 <img decoding="async" width="1024" height="574" src="https://crypto.news/app/uploads/2023/08/Revolutionizing_Crypto_Security_with_ChainAware_ai_crypto_news-1024x574.png" alt="ChainAware.ai" class="wp-image-14182950"> 
</figure> 
<a href="https://smartcredit.io/" target="_blank" rel="noopener noreferrer nofollow">SmartCredit.io</a>&nbsp;has integrated ChainAware.ai’s AI-based Transaction Monitoring system to analyze all connecting addresses. This allows them to disable transactions from addresses flagged as potential fraud. 
<h2 class="wp-block-heading" id="user-segmentation-and-credit-scoring">User segmentation and credit scoring&nbsp;</h2> 
With ChainAware.ai’s User Segmentation service, users can identify profitable wallet addresses.&nbsp; 
Using Big Data and AI, the solution helps find potential high-earning clients and provides better conditions for them.&nbsp; 
Additionally, the platform’s Crypto Credit Scores can be helpful for businesses looking to identify reliable borrowers. 
<h2 class="wp-block-heading" id="pricing">Pricing</h2> 
ChainAware.ai offers flexible pricing options for individuals and businesses.&nbsp; 
A few monthly checks are free, while businesses can opt for subscription models that allow for increased calls.&nbsp; 
<h2 class="wp-block-heading" id="the-future">The future</h2> 
ChainAware.ai aims to revolutionize crypto security, making the crypto more secure, trustworthy, and user-friendly.&nbsp; 
Clients can stay ahead of the curve by using ChainAware.ai’s solutions.&nbsp; 
Visit our website to learn more.&nbsp; 
Follow us on Twitter for updates. 
 You might also like: <a href="https://crypto.news/scammers-hack-twitter-portal-using-stolen-italian-government-emails/" rel="noopener noreferrer nofollow"> Scammers hack Twitter portal using stolen Italian government emails </a> 
 Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.

ChainAware.ai aims to revolutionize crypto security

Table of Contents

crypto.news

Other articles published on Aug 3, 2023

KuCoin Suspends BTC and LTC Mining Pools Amid Business Strategy Shift and New KYC Requirements

LTC Halving Fails to Ignite Bullish Rally, Will Bulls Recover Dip?

Web3×LLM On-Chain Contract Analysis Tool "DeCipher" Sparks Excitement Among Developers and Resear...

Abbvie Stock Price Prediction: ABBV Stock Rises, Can It Sustain?

Mercedes-Benz Acentrik Boosts MATIC Adoption on Polygon

SEC to Prioritize AI Regulations Over Cryptocurrencies!

Join our free newsletter for daily crypto updates!