fbpx
Skip to content Skip to sidebar Skip to footer

ChatGPT and Hedera Join Forces for Game-Changing Blockchain-AI Integration

A groundbreaking collaboration has materialized between ChatGPT, an advanced artificial intelligence language model, and Hedera, the native cryptocurrency of the Hedera network. This fusion of blockchain and AI leverages the decentralized attributes of blockchain networks to establish secure interactions, providing ChatGPT with access to Hedera’s powerful tools such as the Hedera Consensus Service, Hedera Token Service, and Smart Contract Service.

 

Renowned developer Ed Marquez recently took to Twitter to provide step-by-step instructions for creating a plugin that focuses on retrieving token balances of Hedera accounts. Marquez’s solution allows users to view account balances either through a network explorer or programmatically by utilizing the mirror node Rest API. The plugin harnesses this API to access Hedera account information, with HBAR balances being returned in tinybars (tℏ), where one ℏ is represented by 100,000,000 tℏ.

Hedera’s ledger stores various tokens, including the highly sought-after HBAR, fungible tokens, and non-fungible tokens created on the Hedera network. Through the integration of ChatGPT with the Hedera network via the plugin, users can seamlessly retrieve HBAR and token balances from their Hedera accounts. This integration streamlines asset monitoring and management, enhancing the overall user experience.

Once the plugin is developed and the API is operational, users can easily install it within the ChatGPT user interface. By engaging with ChatGPT, users can effortlessly inquire about HBAR and token balances associated with their Hedera accounts. The plugin will efficiently communicate with the Hedera mirror node Rest API to retrieve the necessary information. The application of blockchain technology guarantees the verifiability and integrity of AI-generated content, ensuring utmost trustworthiness.

The implications of this collaboration extend beyond asset monitoring and management. Users can now participate in microtransactions, access premium content, and engage in tokenized economies without the concerns of high fees or delays. This novel integration opens doors for the development of decentralized applications that leverage the unique strengths of both blockchain and AI technologies. Decentralized marketplaces, collaborative platforms, and rewarding user contributions are just a glimpse of the vast possibilities that lie ahead.

The convergence of ChatGPT and Hedera marks an important milestone in the trajectory of blockchain-AI integration. By combining the security and transparency of blockchain with the capabilities of AI, users can expect a seamless and efficient digital landscape where innovation and interaction flourish. As this transformative partnership continues to evolve, it is clear that the future holds even greater advancements in decentralized technology and its profound impact on various industries.

Leave a comment

About NewsFirstLine

NewsFirstLine is a global leading blockchain & crypto news provider, covering daily news focused on trading and investment developments in bitcoin and crypto. We bring you expansive crypto news coverage around the world. We offer many thought leadership opinions from blockchain experts and leaders of the industry.

Subscribe to SCN

© Copyright of Novum Global Consultancy Pte Ltd {2020-2023}. All rights reserved.

Contact Us   |   T&Cs   |   Privacy Policy   |   About Us

About NewsFirstLine

NewsFirstLine is a global leading blockchain and crypto news provider, covering daily news on the latest tech and trading developments in blockchain, crypto, Web3, fintech and technology.

Follow Us On

© Copyright of Novum Global Consultancy Pte Ltd {2020, 2021}. All rights reserved.

Contact Us   |   T&Cs   |   Privacy Policy   |   About Us