As a researcher with years of experience in blockchain technology and AI governance, I find the recent collaboration between EQTY Lab, Intel, and NVIDIA to introduce Verifiable Compute on Hedera’s network truly groundbreaking. This innovative solution not only enhances trust and accountability in AI workflows but also aligns with emerging global regulations.
As a researcher, I’m excited to note that the Hedera ecosystem is picking up speed with EQTY Lab, Intel, and NVIDIA unveiling an AI verification solution, called Verifiable Compute. This development could potentially propel the HBAR price to a new all-time high (ATH). This move represents a significant stride in improving AI governance and trust, while capitalizing on the robust enterprise-grade infrastructure that the Hedera network offers.
EQTY Lab and Partners Introduce Verifiable Compute
As a crypto investor, I’m excited about the new development from EQTY Lab, in partnership with Intel and NVIDIA – Verifiable Compute. This groundbreaking hardware framework promises to fortify and scrutinize AI workflows by establishing trust directly at the hardware level. This means that every computation within an AI system is cryptographically authenticated and tethered to the Hedera network for transparency, providing a robust layer of security throughout the process.
Even though the announcement was made, by the time the news was published, Hedera’s price was being traded at approximately $0.2908. This represented a decrease of 1.25% compared to its highest point during the day, which was $0.3097.
Verifiable Compute creates a secure, unalterable record for AI tasks utilizing Hedera’s Consensus Service. This system uses cryptographic certificates to manage AI activities, thereby ensuring accountability and adherence to regulations throughout the training, prediction, and deployment phases, as mentioned by Jonathan Dotan, Founder of EQTY Lab.
Hedera’s infrastructure offers the necessary scalability and security, enabling us to effectively introduce Verifiable Compute into the market.
This approach adheres to evolving international AI guidelines, like the EU AI Act, and caters to sectors including finance, healthcare, and government services. It empowers companies to automate AI evaluation and implement governance rules consistent with regional standards.
Hedera Network Anchors Trust in AI Workflows
The fundamental aspect of Verifiable Compute lies in Hedera’s decentralized framework, where it facilitates the permanent recording of artificial intelligence calculations that cannot be altered. Every action carried out on Intel CPUs and NVIDIA GPUs is time-stamped, forming a robust trail of evidence.
On Hedera’s network, it manages the coordination of smart contracts, combining hardware-backed verification systems with Web3 innovations. These verifications offer comprehensive records of AI workflows, which are subsequently confirmed and archived in the Hedera distributed ledger.
Through this partnership, Hedera has reached a significant achievement, as its Consensus Service increasingly becomes a preferred solution for enterprise-level applications. The network’s strengths in providing transparency, scalability, and robust security have caught the attention of those seeking to advance AI governance.
HBAR Price Shows Bullish Momentum
As an analyst, I’ve noticed a surge of enthusiasm surrounding Hedera’s native token, HBAR, following the launch of Verifiable Compute. The recent lively price action of HBAR has caught my attention, and I’m not alone in this observation. Many analysts are predicting a price rally for HBAR, potentially reaching new record highs. This optimism is driven by the growing interest in Hedera’s enterprise solutions, which could further boost the demand for HBAR.
On the 4-hour chart, the value of HBAR is currently moving inside a symmetrical triangle, which typically signals bullish breakouts. Important support lies at approximately $0.27, while resistance can be found around $0.31. Potential upside targets for HBAR are set at $0.375 and $0.61, with long-term speculation pointing towards prices potentially surpassing $1.
At the same time, trading activity is increasing due to anticipation about the possibility of an HBAR exchange-traded fund (ETF). If this happens, it may boost liquidity and draw in institutional investors, potentially leading to wider use of the token.
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2024-12-18 23:38