Ava Labs’ latest innovative approach reflects the company’s commitment to pushing the boundaries of AI technology.
Artificial Intelligence (AI) has taken another step in the cryptocurrency industry, with Ava Labs, the brains behind the breakthrough Avalanche Blockchain, the latest to adopt this cutting-edge technology. The software development company recently unveiled its latest version: AvaGPT, a generative AI assistant to enhance user experience.
In a long Twitter thread on June 20, Ava Labs Core Platform, which provides an all-in-one command solution for blockchain projects, included Bitcoin And Ethereum, announced the arrival of Generative AI tools. Chatbot is integrated into its platform. The Ava Labs-owned blockchain solutions provider described the new AI assistant as the first AI-powered chatbot to live on the Crypto Web portfolio.
💡Our AI-powered chatbot is trained on the basis of core knowledge, @avax Documentation and Developer Docs. Use it to find quick insights, get real-time support, or quickly access in-depth source information links.
— core 🦉 (@coreapp) June 20, 2023
Trained with knowledge of the core, Avax documentation and developer docs, the latest AI technology aims to open up exciting possibilities for users interacting with the Avax protocol, giving them real-time support and access to a sophisticated and intuitive virtual companion Empower with. In depth information. With its deep learning capabilities, AvaGPT can quickly understand and answer user queries, provide valuable insights and assist them in their decision-making process.
AI assistant will not replace customer support
Kieran McShane, Technical Product Manager at Ava Labs, exclusively told crypto news media decrypt that AvaGPT was developed in collaboration with Kapa AI, a trusted service provider chatgpt.
McShane emphasized the tireless dedication of Ava Labs’ support team and engineers, who played a key role in bringing new AI technology to life.
Under his able leadership, the development process ensured seamless integration of AVGPT and its optimal functionality within the core platform.
He further added that while new AI chatbots will be created to support users, the chatbots will not replace the company’s support team.
“two things [AvaGPT] Provides quickly answering common questions for Avalanche users while still giving them access to our support team. It was out of an effort to help with quick answers to questions and quick access to source material,” McShane said.
AI tools continue to make inroads into crypto
As one of the popular blockchain ecosystems in the cryptoverse, Ava Labs’ latest innovative approach reflects the company’s commitment to pushing the boundaries of the technology and ensuring their users stay at the forefront of a rapidly evolving industry.
The New York-based software development firm launched its Avalanche blockchain in 2020. Since then, the protocol has positioned itself as one of the top crypto projects built on a Proof-of-Stake (PoS) consensus mechanism.
However, the company is not the first to take advantage of the generative AI market to assist its users.
Last month, Solana, another blockchain protocol, added an open-source AI plugin to its ecosystem. According to Announcement By Solana Foundation, the non-profit organization (NGO) that oversees the layer-1 protocol, the new plugin is powered by ChatGPT and is available for download on GitHub.
The AI plugin currently supports the listing and purchase of non-fungible tokens (nft), transfer of assets, oversee transactions, and interpret public ledger data on Solana.
In addition to blockchain projects, other centralized exchanges are also actively engaging with AI tools. Until now, popular crypto exchanges such as Binance, bybit, And Crypto.com has integrated AI assistants across its various platforms to aid in the customer experience.
Chimmanda is a crypto enthusiast and experienced writer focusing on the dynamic world of cryptocurrencies. She joined the industry in 2019 and has since developed an interest in the emerging economy. She combines her passion for blockchain technology with her love for travel and food, bringing a fresh and engaging approach to her work.
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