Binance integrates ChatGPT with its educational platform

Binance Academy, the education platform of cryptocurrency exchange and blockchain developer Binance, has integrated ChatGPT, an artificial intelligence (AI) chatbot, into its system.

This move comes after ChatGPT gained widespread attention in November 2022, which initially met with resistance but has since seen growing implementation.

On April 24, Binance launched its new AI-driven tool, the Binance Sensei, which uses machine learning to provide users with answers from Binance Academy’s education platform about Web3-related questions.

The Sensei is like an “AI-powered mentor,” where users input specific keywords or questions, and it provides them with a “concise, approximately 150-word summary.”

Although some have welcomed the news, others have raised concerns about the use of AI in education.

The implementation of AI-based learning tools in the cryptocurrency industry is not new, with Microsoft, Google, and Alibaba all announcing their versions of ChatGPT.

Technology is also becoming more efficient in the memecoin community.

However, according to Blockchain News, the adoption of AI in various industries has raised concerns about the potential misuse of the technology, leading to Italy’s brief ban on its usage and the European Union’s investigation into the AI algorithms of BigTech companies.

Experts predict that regulatory crackdowns on AI may be forthcoming, as it becomes more prevalent, with China planning to enforce mandatory security reviews for all AI services in the country.

In summary, the integration of ChatGPT into Binance Academy is part of the growing trend of AI’s use in various industries, including cryptocurrency.

While AI may have many benefits, it is vital to consider its potential consequences and regulate its use to prevent misuse.

Diana Mutheu

Recent Posts

Africa tech forum 2024 kicks off in Kigali

Africa Tech Forum 2024 opened today in Kigali, bringing together leaders in technology, business, and…

11 hours ago

Microsoft launches windows resiliency initiative to bolster security and avoid future outages

 In the wake of a massive security update failure that disrupted an estimated 8.5 million…

12 hours ago

Bolt launches Mobility Alphabet campaign to promote literacy on World Children’s Day

Bolt marked World Children’s Day with the launch of its Mobility Alphabet Campaign, a creative…

16 hours ago

Orange Egypt showcases 5G, AI, and smart city innovations at Cairo ICT’24

Orange Egypt highlighted its cutting-edge solutions for digital transformation at the 28th Cairo ICT’24 exhibition,…

17 hours ago

Gebeya joins Microsoft’s ISV Success and Azure Startup Programs

Gebeya Inc., a pan-African talent cloud technology firm based in Ethiopia, has announced its inclusion…

18 hours ago

Yellow Card secures key crypto license in South Africa

Yellow Card, a leading pan-African stablecoin platform, has achieved a major milestone by securing a…

1 day ago