Hedera Hashgraph HBAR Will Explode With Ai....... Here's Why!!

AllinCrypto
7 May 202411:50

TLDRThe video discusses the synergy between AI and Hedera Hashgraph's HBAR, emphasizing HBAR's scalability and sustainability to handle the transaction volume for AI applications. It highlights how distributed ledger technology (DLT) can ensure data credibility and accountability in AI, with examples such as tracking AI training data and permissioning medical data for AI use. Hedera's role in enabling micropayments for data usage royalties is also explored, showcasing its potential as a key player in the AI and DLT convergence.

Takeaways

  • 🚀 HBAR (Hedera Hashgraph) is positioned to benefit significantly from the AI hype and narrative due to its scalability and sustainability.
  • 🌐 Hedera is one of the few distributed ledgers capable of handling the transaction volume needed for the next billion users and the myriad of use cases that will accompany them, including AI.
  • 📈 Hedera has surpassed 50 billion transactions, showcasing its ability to support large-scale operations compared to other networks like Bitcoin and Ethereum.
  • 💡 Distributed ledgers like Hedera serve as operating systems that can facilitate various use cases efficiently, including AI applications.
  • 🔒 A distributed ledger can safeguard AI by tracking and monitoring the data input, ensuring credibility and accountability in AI's learning process.
  • 🧠 Leman, with a background in AI, emphasizes the importance of data integrity in AI systems, which can be achieved through distributed ledger technology.
  • 🔗 Equity Labs is using Hedera to create an open-source AI integrity framework, highlighting the significance of transparency in AI development.
  • 🏥 Hedera can be instrumental in managing data permissions, especially in sensitive areas like healthcare, allowing individuals to control and potentially monetize their data.
  • 💰 The potential for micropayments via cryptocurrency on distributed ledgers like Hedera can facilitate the payment of royalties to individuals for the use of their data in AI models.
  • 🔒 Security is a critical aspect of AI, and Hedera's distributed ledger technology can provide the necessary security for AI applications.
  • 🌟 Hedera's combination of scalability, eco-friendliness, affordability, and security makes it a strong candidate for supporting AI and other advanced use cases in the future.

Q & A

  • What is the main topic of the video script?

    -The main topic of the video script is the potential of Hedera Hashgraph HBAR in the context of AI and how it is positioned to benefit from the AI hype due to its scalability and sustainability.

  • What are distributed ledgers and how do they relate to AI?

    -Distributed ledgers are decentralized databases that record transactions across multiple sites, and they can be used to facilitate various use cases, including AI. They can ensure data integrity, accountability, and provide a secure environment for AI applications.

  • Why is scalability important for distributed ledgers in the context of AI?

    -Scalability is important because AI applications may require handling large volumes of transactions and data. A scalable distributed ledger can accommodate the needs of AI applications as they grow and evolve.

  • What milestone did HBAR and Bitcoin achieve according to the tweet mentioned in the script?

    -According to the tweet, Bitcoin crossed 1 billion transactions, and HBAR rocketed past 50 billion transactions, marking a significant achievement for both networks.

  • How can distributed ledgers help in tracking and safeguarding AI models?

    -Distributed ledgers can record the data used to train AI models, making the process transparent and immutable. This helps in monitoring the inputs and outputs of AI systems, ensuring credibility and accountability.

  • What is the significance of immutability in the context of AI and distributed ledgers?

    -Immutability ensures that once data is recorded on a distributed ledger, it cannot be altered or deleted. This is crucial for AI as it provides a reliable and permanent record of the data and processes used to train AI models.

  • What is the role of Hedera in the AI space as discussed in the video script?

    -Hedera plays a significant role in the AI space by providing a scalable and secure platform for AI applications. It can be used for tracking data, ensuring model integrity, and potentially facilitating micropayments for data usage rights.

  • What is the concept of micropayments in the context of AI and distributed ledgers?

    -Micropayments refer to very small payments that can be made using cryptocurrency, which is divisible into very small units. This is useful in scenarios where AI models are trained on large datasets and data providers need to be compensated for their contributions.

  • How can distributed ledgers help in managing data permissions, especially in the medical field?

    -Distributed ledgers can be used to manage data permissions by recording who is allowed to access or use specific data. This is particularly useful in the medical field, where controlling access to sensitive patient data is crucial.

  • What is the potential impact of Hedera Hashgraph on the future of AI and distributed ledgers?

    -Hedera Hashgraph has the potential to revolutionize the AI and distributed ledger space by offering a scalable, secure, and sustainable platform that can handle the demands of AI applications and facilitate new use cases in data management and micropayments.

  • Why is Hedera Hashgraph considered a top choice for AI applications among distributed ledgers?

    -Hedera Hashgraph is considered a top choice for AI applications due to its scalability, sustainability, security, and the ability to handle a high volume of transactions, which are essential for AI applications that require processing large datasets.

Outlines

00:00

🚀 Introduction to AI and Hedera Hashgraph (HBAR)

The video script introduces the potential of ledgers, particularly Hedera Hashgraph (HBAR), in enhancing various sectors, including AI. It positions Hedera as a scalable and sustainable distributed ledger capable of handling the transaction volume required for the next billion users and millions of use cases. The script highlights a tweet from Tata, celebrating Bitcoin's 1 billion transactions and Hedera's 50 billion, emphasizing the significance of these milestones. The narrator, who holds a large position in Hedera, discusses the importance of distributed ledgers as operating systems for various use cases, focusing on AI's role and the need for a ledger to ensure data credibility and accountability.

05:01

🔒 The Intersection of AI and Distributed Ledgers

This paragraph delves into the intersection of AI and distributed ledger technology, using Hedera as an example. It discusses the importance of data integrity in AI, especially with generative learning models that learn from data. The script mentions the use of Hedera to record the data training process immutably, ensuring the model's reliability. The narrator, who has a background in AI, talks about the complexities of AI training and the role of distributed ledgers in maintaining a transparent and immutable record of data used for training AI models, which is crucial for trust and accountability.

10:02

💡 Applications of Hedera in AI and Data Monetization

The final paragraph explores specific use cases of Hedera in the AI space, focusing on data integrity, permissioning, and monetization. It discusses how Hedera can be used to track and verify AI data, allowing individuals to have control over their data and potentially monetize it through royalties. The script also touches on the importance of micropayments facilitated by cryptocurrencies for managing small royalty payments, which traditional systems cannot efficiently handle. The narrator emphasizes Hedera's strengths in scalability, eco-friendliness, affordability, security, and its current use in various institutes, solidifying its position as the narrator's largest holding.

Mindmap

Keywords

💡Hedera Hashgraph

Hedera Hashgraph is a distributed ledger technology that is different from traditional blockchains. It is known for its high throughput, low latency, and strong security features, which make it suitable for a wide range of applications. In the context of the video, Hedera is highlighted as a platform that is particularly well-positioned to support the growth of AI applications due to its scalability and sustainability.

💡HBAR

HBAR is the native cryptocurrency of the Hedera Hashgraph platform. It is used to power transactions and smart contracts on the network. The video suggests that HBAR could experience significant growth due to its potential role in the AI space, as it can facilitate the necessary transactions for AI-related activities on the Hedera platform.

💡AI

Artificial Intelligence, or AI, refers to the simulation of human intelligence in machines that are programmed to think like humans and mimic their actions. In the video, AI is discussed as a key area where Hedera can make a significant impact, particularly in terms of data integrity, generative learning models, and the potential for AI to learn from and make decisions based on data stored on the Hedera ledger.

💡Distributed Ledger

A distributed ledger is a database that is consensually shared and synchronized across multiple sites, institutions, or geographies. The video emphasizes the importance of distributed ledgers in providing a scalable and secure infrastructure for AI applications, allowing for the tracking and verification of data inputs and outputs.

💡Scalability

Scalability refers to the ability of a system to handle a growing amount of work, or its potential to be enlarged to accommodate that growth. The video script mentions Hedera's scalability as one of its key strengths, suggesting that it can manage the high volume of transactions necessary for supporting AI and other applications as they grow.

💡Smart Contracts

Smart contracts are self-executing contracts with the terms of the agreement directly written into code. They are a feature of many distributed ledgers and blockchain platforms. In the video, smart contracts are implied as a foundational technology for building AI applications on platforms like Hedera, enabling automated and trustless execution of AI-related transactions.

💡Data Integrity

Data integrity refers to the accuracy and consistency of data over its entire lifecycle. The video discusses how a distributed ledger like Hedera can ensure data integrity for AI applications by providing an immutable record of data inputs, which is crucial for the reliability of AI models and their outputs.

💡Generative Learning Models

Generative learning models are a type of AI that can generate new data instances that are similar to the training data. The video script mentions these models in the context of AI, suggesting that Hedera's distributed ledger can help safeguard the data these models learn from, ensuring the quality and reliability of the AI's outputs.

💡Micropayments

Micropayments refer to very small payments, typically for digital goods or services. The video suggests that with the potential for AI to use vast amounts of data, micropayments could be facilitated by a cryptocurrency like HBAR to pay individuals for the use of their data in AI training, which would not be feasible with traditional payment systems.

💡Cryptocurrency

Cryptocurrency is a digital or virtual currency that uses cryptography for security and is decentralized, existing only on a distributed ledger. In the video, cryptocurrency is highlighted as a necessary component for micropayments in the context of AI, where HBAR could be used to pay individuals for their data contributions to AI models.

💡Permissioning

Permissioning refers to the process of granting or denying access to certain resources or data. The video discusses how Hedera can be used for permissioning in the context of AI and healthcare, allowing individuals to control who can access their data and for what purposes, with the ability to revoke access as needed.

Highlights

Hedera Hashgraph HBAR is positioned to excel with AI integration and the potential to handle high transaction volumes for the next billion users.

Distributed ledgers like Hedera are scalable and sustainable, making them ideal for the AI hype and narrative.

Hedera has surpassed 50 billion transactions, showcasing its capability to handle significant transaction volumes.

Distributed ledgers serve as operating systems for various use cases, including AI, ensuring efficiency and scalability.

AI and distributed ledgers can work together to create a more secure and accountable AI ecosystem.

Hedera's distributed ledger can safeguard AI by tracking and monitoring data inputs and outputs.

Leman, with a background in AI, discusses the powerful intersection of AI and distributed ledger technology.

The importance of data quality in AI is emphasized, with Hedera's ledger offering a solution for data integrity.

Equity Labs uses Hedera to create an open-source AI integrity framework, promoting transparency in AI development.

Hedera's distributed ledger can immutably record AI training data, ensuring the model's credibility and traceability.

AI's potential benefits and dangers are discussed, with distributed ledgers offering a way to mitigate risks.

Hedera's distributed ledger is highlighted as a key technology for implementing AI solutions across various industries.

The use of Hedera for permissioning and tracking data usage in AI, especially in sensitive areas like healthcare.

The potential for individuals to monetize their data used in AI training through Hedera's micropayment capabilities.

Hedera's advantages in scalability, eco-friendliness, affordability, and security make it a top choice for AI integration.

The speaker's personal experience and belief in Hedera's potential, making it their largest holding.

A commitment to providing further insights into Hedera Hashgraph and its ecosystem in upcoming content.