A convergence of blockchain and artificial intelligence (AI) has occurred between ChatGPT and Hedera (HBAR), the native cryptocurrency of the Hedera network. By capitalizing on the decentralized characteristics of blockchain networks, ChatGPT can establish secure interactions with the Hedera network, accessing its tools like the Hedera Consensus Service, Hedera Token Service and Smart Contract Service.
On Twitter, developer Ed Marquez provided instructions on creating the plugin, focusing on token balances of Hedera accounts. According to Marquez, users can view account balances through a network explorer or programmatically retrieve them via the mirror node Rest application programming interface (API), which the plugin will utilize. HBAR information is returned in tinybars (tℏ), where 100,000,000 tℏ represents one ℏ.
Accounts in Hedera are stored in the ledger that holds tokens, including HBAR, fungible tokens and nonfungible tokens created on Hedera.
Any #ChatGPT users and enthusiasts in the house? ♂️
— Ed (@ed__marquez) June 23, 2023
Using a plugin, the integration of ChatGPT with the Hedera network allows for retrieving HBAR and token balances from Hedera accounts. This integration streamlines the interaction between ChatGPT and the blockchain, simplifying asset monitoring and management for users.
Once the plugin is developed and the API is operational, users can install it in the ChatGPT user interface. Users can then interact with ChatGPT to inquire about HBAR and token balances associated with Hedera accounts. The plugin will request the Hedera mirror node Rest API to retrieve the necessary information.
Blockchain technology ensures the verifiability and integrity of AI-generated content. Users can engage in microtransactions, access premium content and participate in tokenized economies without worrying about high fees or delays.
It also opens the door to the development of decentralized applications. These apps can leverage the strengths of both technologies, creating decentralized marketplaces, collaborative platforms and rewarding user contributions.