Binance said Tuesday, Nov. 3, that it is preparing a research fund to support programs addressing security risks tied to artificial intelligence in blockchain environments, with industry and security groups involved in the effort.
The company said AI firms, industry participants and security organizations are involved in setting up the fund, after Binance’s earlier security response to a security incident. Its planned programs would focus on security concerns connected to AI use in blockchain settings.
The fund remains in preparation.
