As artificial intelligence (AI) reshapes industries globally, Binance CEO Richard Teng believes its impact on the crypto ecosystem will be nothing short of transformative. During the April Edition of CEO Connect on Binance Square, Teng outlined how AI is set to revolutionise how users interact with digital assets—from smarter trading to intuitive user experiences and enhanced security.
AI in Crypto: The Perfect Match for Blockchain’s Open Infrastructure
“AI amplifies user experience by leveraging the permissionless, transparent, and software-driven nature of blockchain,” Teng explained. “By integrating with crypto’s open infrastructure, AI can interact with on-chain applications—DeFi, social, gaming, and beyond—unlocking powerful new use cases.”
He emphasised that AI’s strength lies in its ability to process complex blockchain data, automate decisions, and simplify user interactions—all of which can dramatically lower barriers to crypto adoption.
Top 3 AI Applications in Crypto, According to Richard Teng
1. AI-Driven On-Chain Analytics
Public blockchains offer unmatched transparency. AI tools can extract insights from this data in real time, helping users understand wallet activity, smart contract behaviour, and market sentiment.
2. Simplified User Interfaces for dApps
Complex DeFi protocols and gas fee management can be overwhelming. AI assistants can guide users through these systems using natural language, removing the learning curve.
3. Autonomous Financial Agents
AI agents can handle portfolio management, liquidity farming, or risk-adjusted yield strategies on behalf of users. These tools can evaluate market shifts and execute trades within user-defined limits.
“Unlike traditional finance, DeFi is open. AI agents can tap into any protocol without permission, unlocking immense value for everyday users,” Teng noted.
