Hong Kong’s HashKey dives into AI with new product and hints at AI agents

Crypto alternate HashKey launches its first AI-driven product, ModAI. The agency additionally plans to increase its product to incorporate AI brokers that may commerce on the blockchain.
On April 3, the Hong Kong-based crypto alternate has taken its first step into the sphere of synthetic intelligence with the discharge of its newest product, ModAI. In line with its official web site, HashKey’s ModAI is designed to average content material, generate digital avatars, have interaction with customers as a chatbot and provide buyer assist.
In line with a report from SCMP, the corporate acknowledged that the AI-driven software may doubtlessly reduce down operational prices by 80% and double person engagement. ModAI makes use of a mixture of huge language fashions or LLMs, consisting of DeepSeek, OpenAI, Anthropic and Meta Platforms.
The AI software can reply to customers in several languages, starting from Chinese language, English, Japanese, and Vietnamese. The corporate plans so as to add extra languages to its information base later inside this 12 months.
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HashKey’s vice-president of product and head of the AI staff, Sean Wang, stated that the crypto agency initially deliberate to develop its personal LLM, however determined in opposition to it because of the excessive price wanted to create one.
Then again, Wang stated the corporate plans to increase its AI software to incorporate AI brokers that may carry out varied duties for customers. One of many duties HashKey (HSK) hopes its AI brokers will be capable to do sooner or later is robotically spend money on crypto property primarily based on a person’s capital and goal returns, Wang defined.
AI brokers have been a scorching subject in crypto areas as merchants gravitate in direction of the convenience and improvements provided by these brokers in managing their funds. Nonetheless, some have additionally criticized their utility and performance within the crypto group.
Just lately, Binance co-founder Changpeng “CZ” Zhao stated that more often than not, AI agent builders spend an excessive amount of time specializing in creating a token for his or her AI agent as a substitute of the agent’s usefulness. Due to this fact, he advisable builders to make a “actually good agent first” earlier than launching a token.
Earlier in January, CZ additionally criticized AI chatbots for deliver “lazy” as a result of they will solely inform customers what they already know, as a substitute of having the ability to present them with new data.
“The issue with AI Chatbots is that, usually, I don’t know what I don’t know. I don’t know what to ask. It might be good if it may simply inform me issues I ought to know. So lazy,” wrote CZ in his publish.
Final month, HashKey launched a brand new initiative that might fee cryptocurrencies and crypto exchanges in Hong Kong to assist the native crypto firms adjust to the area’s regulatory framework for digital property.
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