TechFlow reported that on December 5, according to The Block, at the Emergence Conference held at the Prague Conference Center, Mysten Labs co-founder and chief cryptographer Kostas Kryptos Chalkias said that AI will become standard in the cryptocurrency industry, especially in the field of smart wallets to improve user experience. At the same time, he predicted that through blockchain parallelization technology, transaction processing speed will eventually surpass traditional payment platforms such as Visa. Chalkias has participated in Meta's Libra/Diem project and is currently leading the development of the Layer 1 public chain Sui.