The Hedera ecosystem is gaining momentum as EQTY Lab, Intel, and NVIDIA announce a AI verification solution, Verifiable Compute fuelling a projection HBAR price may rally to a new ATH. This launch marks a pivotal step in enhancing AI governance and trust while leveraging the Hedera network’s enterprise-grade infrastructure.

EQTY Lab and Partners Introduce Verifiable Compute

EQTY Lab, in collaboration with Intel and NVIDIA, has unveiled Verifiable Compute, a hardware-based framework designed to secure and audit AI workflows. This innovation roots trust directly in hardware, ensuring that every AI computation is cryptographically verified and anchored on the Hedera network.

Despite the announcement, at press time, Hedera price was trading at $0.2908, a 1.25% decline from the intra-day high of $0.3097.

Verifiable Compute establishes a tamper-proof ledger for AI processes by leveraging Hedera’s Consensus Service. It allows cryptographic certificates to govern AI operations, ensuring accountability and compliance at every stage of training, inference, and deployment. Jonathan Dotan, Founder of EQTY Lab, stated,

“Hedera’s infrastructure provides the scalability and security essential for bringing Verifiable Compute to market.”

This solution aligns with emerging global AI regulations, including the EU AI Act, and supports industries such as finance, life sciences, and public services. It enables organizations to automate AI auditing and enforce governance policies in line with jurisdictional requirements.

Hedera Network Anchors Trust in AI Workflows

At the core of Verifiable Compute is Hedera’s decentralized infrastructure, which enables immutable logging of AI computations. Each operation on Intel CPUs and NVIDIA GPUs is recorded with a timestamp, creating a reliable audit trail.

Hedera’s network supports the orchestration of smart contracts, integrating hardware-based attestation mechanisms with Web3 technologies. These attestations provide detailed manifests of AI pipelines, which are then verified and stored on the Hedera ledger.

This collaboration represents a major milestone for Hedera, as its Consensus Service continues to gain adoption for enterprise-grade solutions. The network’s ability to ensure transparency, scalability, and security has made it an attractive choice for advancing AI governance.

HBAR Price Shows Bullish Momentum

The launch of Verifiable Compute has fueled optimism around Hedera’s native token, HBAR, which has recently shown strong price activity. Analysts are eyeing a HBAR price rally to new all-time highs, supported by increasing interest in Hedera’s enterprise solutions.

HBAR price is trading within a symmetrical triangle on the 4-hour timeframe, a pattern often associated with bullish breakouts. Key levels include a support range of $0.27 and resistance near $0.31. Targets for HBAR’s upward movement include $0.375 and $0.61, with long-term projections suggesting potential price discovery above $1.

Concurrently, trading volumes have risen alongside speculation about a potential HBAR exchange-traded fund (ETF). Such a development could enhance liquidity and attract institutional investors, further driving adoption of the token.

The post HBAR Price Eyes Rally To ATH As EQTY Lab Unveils AI Verification Tool On Hedera appeared first on CoinGape.

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Filed under: News - @ December 18, 2024 8:29 pm