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San Francisco-based cryptocurrency exchange, Coinbase, has conducted a test on the utility of ChatGPT in conducting security analysis for ERC-20 tokens. Although the results did not meet the desired accuracy, Coinbase stated that the AI application showed potential.Coinbase conducted a test using its own ERC-20 token review framework and compared the results of ChatGPT’s analysis with those of its internal team, which has internal tools to review blockchain projects.Out of 20 smart contract risk scores, ChatGPT had the same result as manual reviews 60% of the time. However, in the eight incorrect outputs, the AI labeled a high-risk asset as a low-risk one five out of ten times.Read the article about <a href="https://crypto.ro/en/news/coinbase-tests-chatgpt-for-crypto-security-analysis/" rel="noopener noreferrer nofollow">ChatGPT and Coinbase</a>.

Coinbase tests ChatGPT for crypto security analysis

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