ChatGPT Plugin goes live for Hedera network

ChatGPT and Hedera Collaborate to Integrate Blockchain and AI

The combination of blockchain and artificial intelligence (AI) has been realized through the collaboration of ChatGPT and Hedera (HBAR), the native cryptocurrency of the Hedera network. Leveraging the decentralized nature of blockchain technology, ChatGPT is able to establish a secure connection to the Hedera network and access services such as the Hedera Consensus Service (HCS), Hedera Token Service (HTS) and Smart Contract Service.

Ed Marquez, a developer, gave directions on developing the plugin with regard to the token balances of Hedera accounts on Twitter. He stated that users can view their account balances through a Network Explorer or get them programmatically via the mirror node REST API, which the plugin will make use of. It should be noted that HBAR data is given in tinybars (tℏ), where 1 ℏ is equivalent to 100,000,000 tℏ.

Accounts in Hedera are entries stored in the ledger that contain tokens, including HBAR, fungible tokens, and NFTs created on the Hedera platform.

By using a plugin, ChatGPT can be integrated with the Hedera network to access HBAR and token balances from Hedera accounts. This integration makes the connection between ChatGPT and the blockchain simpler, making it easier for users to monitor and manage their assets.

Once the plugin is developed and the API is running properly, it can be integrated into the ChatGPT UI. Upon installation and activation of the plugin, users can query ChatGPT about HBAR and token balances related to Hedera accounts. The plugin will then make requests to the Hedera mirror node API to obtain the required data.

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Applications of Blockchain and AI Integration

By making use of blockchain technology, the source and validity of AI-created content can be checked, providing increased reliability and trustworthiness. Users can take part in microtransactions, gain access to premium content, and join tokenized economies without having to worry about hefty charges or delays.

It also provides an opportunity for the creation of decentralized applications (dApps). These dApps can take advantage of the strengths of both technologies, allowing for the development of decentralized marketplaces, collaborative platforms, and rewarding user contributions.

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