Blockchain is changing the financial world, and AI is making it even smarter! But do you know how AI is being used in crypto? In this post, I will break down the impact of AI on blockchain technology and why this matters for the future of finance.
Hope you are all enjoying good health with grace of God !
As we know that AI is making easy transaction to crypto.
My friends, as you know, transactions of crypto currencies are happening everywhere or in bulk quantity, due to which the trader is facing huge loss in the transaction. Artificial intelligence (AI) is emerging as a powerful tool in enhancing crypto transaction security and improving overall trust in digital assets.
Phase 1:
If a password key is detected then everyone's account gets hacked so it is necessary to check whether the field is too tough or decide to put a restriction on it so that no one can hack your account. In many ways, captcha and response identify whether the user is a bot or a person. Systems like Elliptic use AI to detect suspicious activity in real time, enabling immediate intervention .
Same as steemit:
Now my community members have come to know about us, as we have created our account on Steemit, we have received a password email which we have to save or if someone has access to our account on Steemit, if this key is detected then someone's account can also be hacked and money can be stolen which can cause huge loss to the user.
.Tips you must be know to stay safe :
Use Hardware Wallets: Never store crypto on exchanges long-term.
AI Defense Tools: Tools like Dark trace or AI-based antivirus to counter AI threats.
Enable 2FA Everywhere: Google Authenticator > SMS codes
Spot Phishing Red Flags: Typos, urgent language, mismatched URLs.
AI ensures that crypto transactions align with legal requirements, reducing regulatory risks
I am sure you have read enough so that it would be clear that How Ai is beneficial for blockchain. I hope that you will be able to read this detailed post.
make sure you enjoyed it!