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ChatGPT and Hedera Blockchain Integration Paves the Way for Decentralized AI Applications

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Marthon Guanzon reporter

Mon, 26 Jun 2023, 08:17 am UTC

AI Language Model ChatGPT Seamlessly Interacts with Hedera's Blockchain Network

The integration of the artificial intelligence (AI) language model, ChatGPT, with Hedera's blockchain network has ushered in a new era in the blockchain world. Leveraging the decentralization inherent in blockchain technology, ChatGPT can now securely interact with the tools offered on the Hedera network, including the Hedera Consensus Service, Hedera Token Service, and Smart Contract Service.

At the core of this integration are Hedera's accounts, which house various types of tokens such as HBAR, fungible tokens, and nonfungible tokens. Developer Ed Marquez recently shared a step-by-step guide on Twitter for creating a plugin that focuses on Hedera account token balances. With this plugin, ChatGPT can directly access and monitor these balances from Hedera's ledger, simplifying asset management for users.

Users can check account balances through a network explorer or the mirror node Rest application programming interface (API) embedded in the plugin. When developed and active, the API and plugin work together to retrieve HBAR information in the form of tinybars, where one bar equals 100,000,000 tinybars.

This innovative integration allows users to install the plugin in the ChatGPT user interface, enabling direct interaction with ChatGPT. Users can inquire about HBAR and token balances associated with their Hedera accounts. When necessary, the plugin leverages the Hedera mirror node Rest API to fetch the required data. Consequently, users can engage in microtransactions, access premium content, and participate in tokenized economies without concerns of high fees or delays.

This alliance sets the stage for future developments, particularly in the realm of decentralized applications. By combining the strengths of blockchain and AI, these applications can create decentralized marketplaces, foster collaborative platforms, and incentivize user participation, propelling the blockchain and AI space forward.

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