Blocktrace is developing an AI chatbot to track bitcoin transactions. The artificial intelligence supports natural language queries.
Blocktrace is developing an AI chatbot for on-chain analysis of the Bitcoin blockchain.
The U.S. startup hopes that artificial intelligence will simplify and speed up the process of blockchain analysis.
The company christened the AI “Robby the Robot.” A reference to the science fiction classic “Forbidden Planet.” The chatbot is able to process questions in natural language.
To obtain information about transactions or holdings on the Bitcoin blockchain, users have so far had to resort to blockchain explorers. Most of these explorers have some catching up to do in terms of user-friendliness.
“Rather than requiring a data engineer or data scientist to translate natural language questions into SQL queries, Robby has already been trained on the data model and can quickly retrieve results for the user,” Blocktrace founder Shaun MaGruder told Decrypt.
Robby is still in beta, but is expected to be made available to the public later this year.
