Hedera network – See the Reality https://www.seethereality.com Official Crypto News Website Tue, 18 Jul 2023 12:14:21 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.1 https://www.seethereality.com/wp-content/uploads/2023/03/cropped-onlinelogomaker-032123-0229-2177-32x32.png Hedera network – See the Reality https://www.seethereality.com 32 32 Hedera Hashgraph Broadcasts MetaMask Integration https://www.seethereality.com/?p=38179 https://www.seethereality.com/?p=38179#respond Tue, 18 Jul 2023 12:14:21 +0000 https://www.seethereality.com/?p=38179
  • Hedera has accomplished a profitable proof-of-concept (PoC) trial for stablecoin remittances.
  • MetaMask will now permit customers to make use of Hedera decentralized purposes.

Decentralized public community Hedera Hashgraph has introduced that it’ll combine MetaMask by HIP-583, making it extra accessible to a wider vary of customers. As well as, Hedera not too long ago accomplished a profitable proof-of-concept (PoC) trial for stablecoin remittances in collaboration with Shinhan Financial institution, SCB TechX and different monetary establishments.

Due to this integration, MetaMask customers will now be capable of entry and use Hedera DApps in a simplified approach. To facilitate this connection, the Hedera ecosystem will assist wallets and purposes that use the JSON-RPC protocol.

Moreover, modifications embody the flexibility to switch HBAR by 0x accounts, better usability by revised “token associations,” improved connectivity with MetaMask, and assist for Ethereum Digital Machine (EVM) instruments. As well as, the well-known Ethereum pockets MetaMask will now permit customers to make use of Hedera decentralized purposes with none issues. On their official weblog, they describe the methodical technique of creating DApps.

Steady Coin Remittance Pilot Challenge

Utilizing distributed ledger expertise (DLT), Hedera Hashgraph has contributed to the convenience of worldwide cash transfers. It has accomplished a proof-of-concept (PoC) trial for stablecoin remittances. That is performed along with Shinhan Financial institution, SCB TechX and different monetary establishments.

The extremely environment friendly and eco-friendly Hedera open supply public community was utilized by a collaborative effort of a number of monetary establishments in Taiwan.

Three totally different currencies (Thai baht (THB), New Taiwan greenback (NTD) and South Korean received (KRW)) had been settled in real-time through the trial interval, and real-time alternate charges had been included within the platform. with none noticeable hiccups. Any stablecoin issuer utilizing EVM can profit from this method as this PoC is totally appropriate with EVM.

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ChatGPT and Hedera integration simplifies asset administration https://www.seethereality.com/?p=32738 https://www.seethereality.com/?p=32738#respond Sun, 25 Jun 2023 17:37:03 +0000 https://www.seethereality.com/?p=32738
  • ChatGPT can hook up with the Hedera community and entry a person’s HBAR and token balances.
  • After enabling the plugin, customers can question ChatGPT about their Hedera account.

The convergence of Blockchain and AI is the place ChatGPT and HBAR actually shine. ChatGPT can securely hook up with the Hedera community and its providers. Together with Hedera Consensus Service (HCS), Hedera Token Service (HTS) and Sensible Contract Service. Because of the decentralized attribute of blockchain networks.

Utilizing the plugin, ChatGPT can hook up with the Hedera community and entry a person’s HBAR and token balances. Due to this integration, ChatGPT clients may have a lot much less trouble to trace and administer their property, because it permits seamless communication between ChatGPT and the blockchain.

Banking with AI

Tokens comparable to HBARs and NFTs produced on Hedera are held in accounts that reside within the ledger. Ed Marquez, Creator, tweeted directions on easy methods to create a plugin.

The plugin could be put in within the ChatGPT UI as soon as growth is full and the API is working. After enabling the plugin, customers can question ChatGPT for the HBAR and token balances of their Hedera accounts. The required knowledge might be obtained by way of API calls that the plugin makes to the Hedera mirror node.

Utilizing blockchain expertise, AI-generated content material could be authenticated, growing confidence in its authenticity. Monetary transactions in ChatGPT settings are simplified and secured due to HBAR’s velocity and low transaction prices. Customers will not have to fret about excessive prices or delays when performing microtransactions, watching premium content material, or taking part within the token economic system.

KT, previously generally known as Korea Telecom, a South Korean telecommunications firm, has introduced plans to take a position $5.3 billion (or 7 trillion gained) in analysis and growth of synthetic intelligence providers over the subsequent 5 years.

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Hedera enlisted COFRA as a brand new member of the Governing Council https://www.seethereality.com/?p=23207 https://www.seethereality.com/?p=23207#respond Thu, 18 May 2023 09:47:45 +0000 https://www.seethereality.com/?p=23207
  • In current months, Hedera has welcomed increasingly initiatives and firms.
  • Hedera’s governing board lately added Dell to its 30-member committee.

The governing board of the open supply Hedera proof-of-stake public community at present introduced the addition of COFRA as a brand new member. This may improve the whole variety of councils to 30 members. COFRA is a household enterprise that has been round for 182 years. And it now employs greater than 60,000 folks worldwide.

Buyer-centric COFRA has joined the Hedera Governing Council (HBAR) to construct revolutionary blockchain-based options on the platform, beginning with tokenization and provide chain transparency. The corporate is predicted to distribute tokenized variations of bodily property by Hedera’s proprietary Token Service (HTC).

Simon Olson, Chair of Hedera’s Membership Committee, said:

Recognized members of the Council

In current months, Hedera has acquired an growing variety of initiatives and firms from varied industries. To keep away from middlemen and cut back transaction prices, these initiatives leverage Hedera’s core providers, together with Hedera Token Service (HTS) and Hedera Good Contract Service (HSCS).

Nicely-known corporations reminiscent of IBM, Dell, LG, Boeing and others are represented on Hedera’s governing board. Market individuals imagine that if the general cryptocurrency market turns constructive, the value of HBAR might rise considerably attributable to these developments and Dell’s current entry into the 30-member committee.

In response to the most recent HBAR crypto information, Hedera is presently buying and selling at $0.05277, up 2.11% within the final 24 hours, in accordance with CMC.

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