The integration of artificial intelligence (AI) and blockchain technology has reached new heights with the launch of the ChatGPT plugin for the Hedera network. The collaboration between ChatGPT and HBAR, Hedera Hashgraph’s native cryptocurrency, offers secure interactions between the AI and blockchain network, as well as access to services like Hedera Consensus Service (HCS), Hedera Token Service (HTS), and Smart Contract Service.
Developed by Ed Marquez, the ChatGPT plugin facilitates the retrieval of HBAR and token balances from Hedera accounts, streamlining the interaction between ChatGPT and the blockchain. The plugin uses a Network Explorer or the mirror node REST API to retrieve account balances in tinybars (tℏ), where 100,000,000 tℏ represents 1 ℏ.
Hedera accounts hold tokens, including HBAR, fungible tokens, and non-fungible tokens (NFT) created on Hedera. With ChatGPT plugin integration, users can enjoy simplified asset monitoring and management. By installing and enabling the plugin, users can interact with ChatGPT to inquire about HBAR and token balances associated with Hedera accounts. The plugin sends requests to the Hedera mirror node API to gather the necessary information.
The fusion of AI and blockchain technology verifies the origin and integrity of AI-generated content, ensuring greater reliability and trustworthiness. Users can engage in microtransactions, access premium content, and participate in tokenized economies without concerns over high fees or delays.
Furthermore, the integration opens doors to the development of decentralized applications (dApps) that leverage the strengths of both AI and blockchain technologies. This development paves the way for decentralized marketplaces, collaborative platforms, and rewarding user contributions.
However, a recent cybersecurity warning has raised concerns around data safety, with a report stating that 100K ChatGPT logins have been leaked on the dark web. As with any new technology, it’s crucial for users to remain vigilant about potential security breaches and understand the possible risks involved.
In summary, the ChatGPT plugin integration with the Hedera network presents numerous advantages for users, including simplified asset management and the potential for novel dApp development. While the integration seeks to enhance user experience and trust, it’s essential to stay cautious about emerging challenges and potential risks in the expanding AI and blockchain industries.
Source: Cointelegraph
