Former Coinbase CTO believes blockchain phones could be the solution to deepfake AI scams | CryptoSlate
- After unidentified criminals used AI-assisted audio deepfakes to steal more than $240,000, former Coinbase CTO Balaji Srinivasan suggested that blockchain-enabled phones could be the solution to call authentication.
- While Srinivasan himself said that the technology is yet to come to life, many argued that such security measures already exist and don’t need blockchain at all.
- Euler Hermes, the insurer of the unidentified company, said that it has come across at least three cases of voice fraud made with AI-powered deepfake technology.
- In a Twitter thread, Srinivasan suggested implementing a two-factor authentication system for phone calls, which could include the speaker’s voice and their cryptographic signature.
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