Solana, a tech company focused on developing blockchain and crypto development tools, has recently jumped on the AI bandwagon to offer its own AI-enabled tool, called ChatGPT, that will help end-users to access and learn how to use the web3 space. ChatGPT works by providing users with easy methods to list and buy Non-Fungible Tokens (NFTs), transfer tokens and check out transactions, interpret data and find NFT collections by certain prices. Solana Labs has initiated an AI-focused accelerator program that aims to help students at the university level learn how to use their tools.
To assist with the development of the tool, Solana is employing an RPC (Remote Procedure Call) node to read data from multiple sources on-chain and generate responses for users who are querying information. Anatoly Yakovenko, co-founder and Solana Labs CEO, emphasized to developers building user-oriented apps that it is a “new paradigm” of how to interact with computers, and AI will help make Solana more usable and understandable.
At the time of writing, SOL (the SOL token) was trading at $19.48, a minor decrease of 0.46% in the last 24 hours, according to Benzinga Pro.
This announcement from Solana is indicative of the growing trend of using AI to help solve challenges in the crypto-space. AI technology allows data to be interpreted quickly and provides valuable insight into the blockchain network, enabling developers to build more efficient services and applications. As more and more companies join the AI bandwagon for blockchain development, tools like ChatGPT could become invaluable tools in accelerating the use and growth of AI-enabled applications and services.