Cryptocurrencies

    AI-powered crypto monitors could detect dubious schemes

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    SingularityNET's CEO Ben Goertzel highlights the potential of AI in detecting dubious schemes in the crypto market.

    He argues that AI can efficiently review the reputation of crypto entities, offering an alternative to traditional regulatory methods.

    Following the 2022 crypto market crashes, Goertzel advocates for AI-driven, crowd-sourced rating systems to restore trust in the digital currency market.

    These AI-powered mechanisms could provide crucial insights into the reliability of various crypto entities.

    This approach, according to Goertzel, may prove more effective than governmental oversight in regulating the crypto industry.

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