Benefits and Challenges

Benefits and Challenges

Advantages of AI in Contract Auditing

• Speed: Automated audits are faster than manual reviews.

• Accuracy: AI can identify subtle patterns and anomalies.

• Scalability: Easily scalable to handle a large number of contracts.

Potential Challenges and Mitigation Strategies

• False Positives/Negatives: Continuously refine AI models to improve accuracy.

• Data Privacy: Implement strict security measures to protect user data.

• Integration Issues: Ensure compatibility with various blockchain platforms and tools.