EQTY Lab Announces AI Verification Tool in Hedera – Bittime

Bittime - EQTY Lab, together with Intel and NVIDIA, recently launched Verifiable Compute, an AI verification tool that aims to increase security and trust in the artificial intelligence industry.

This tool leverages the power of the Hedera network to create immutable audit records, enabling more transparent management and control of AI processes.

Check out the complete news about this new tool on the Hedera network in this article!

Collaboration of EQTY Lab, Intel, and NVIDIA

Verifiable Compute is the result of a two-year collaboration between EQTY Lab, Intel, and NVIDIA.

This solution relies on next-generation hardware from Intel and NVIDIA, and leverages the Hedera Consensus Service (HCS) service to record all AI computing processes in a decentralized ledger.

This technology enables the creation of hardware-based cryptographic certificates that can be used to manage and audit AI workflows.

Key Features of Verifiable Compute

Hardware Based Security

Verifiable Compute uses the SLSA (Supply chain Levels for Software Artifacts) Level 3 system, which allows the creation of hardware-based cryptographic certificates.

This certificate ensures that all data, models and AI agents can be verified and audited in real-time.

Immutable Audit Records

The AI computing process, from training to inference, is recorded in the Hedera ledger with a verifiable timestamp.

This allows verification that the operation was performed before a software or hardware vulnerability was discovered or after a patch was applied.

AI Management Automation

This solution enables organizations to automate auditing and AI policy management globally, with support for global AI regulations, including the EU AI Act.

Hedera's Role in AI Verification

Hedera Consensus Service plays an important role in Verifiable Compute by providing the infrastructure for logging AI computing operations. Key features of this integration include:

AI Transaction Recording: Every AI computing process performed on Intel CPUs and NVIDIA GPUs is recorded in the Hedera ledger, creating an immutable audit trail.
Smart Contract Orchestration: The Hedera ledger functions as a hardware binder for smart contracts, enabling the management of complex AI protocols.
Improved Governance and Compliance: Using Hedera's decentralized infrastructure, organizations can ensure that business policies and AI regulatory compliance can be implemented across a single sovereign cloud or across multiple jurisdictions.

Regulatory Adoption and Alignment

Verifiable Compute has attracted interest from various government agencies in Europe, the Middle East, and Africa (EMEA).

Collaboration with the United Arab Emirates (UAE) government began in June 2023, with the development of the ClimateGPT model, which aims to comply with AI-related regulations.

Support from Hedera enables EQTY Lab to develop solutions that comply with global AI regulations, such as the EU AI Act, which aims to ensure the safety and transparency of AI worldwide.

Impact on HBAR Prices

The Verifiable Compute announcement has sparked bullish speculation on the price of the HBAR token. Some analysts predict that the HBAR price could reach an all-time high (ATH).

At the time of writing, HBAR price was around $0.2908, down 1.25% from its intraday high of $0.3097.

The symmetrical triangle pattern on the 4-hour chart indicates a potential breakout upwards. Key targets analysts are monitoring include the $0.375 and $0.61 levels, with potential higher above $1 in the long term.

Conclusion

Verifiable Compute from EQTY Lab, Intel, and NVIDIA is a major step in improving the security, transparency, and governance of AI.

With the support of the Hedera network, this solution enables more secure and verifiable AI management. This is not only a huge opportunity for the AI industry, but also for the Hedera ecosystem and the HBAR token.

With the increasing need for AI compliance and auditing worldwide, Verifiable Compute is predicted to play a big role in a more secure and trusted AI-based digital transformation.

FAQ HBAR

What will HBAR be used for?

HBAR, or the native token of the Hedera Hashgraph network, has several main uses such as paying transaction fees, consensus mechanisms, and driving the Hedera ecosystem.

Who is the founder of HBAR?

Technically, there are no HBAR "founders" in the individual sense. Hedera Hashgraph was founded by a consortium of global companies and organizations with a vision to build a better distributed network. Some of the big names involved in establishing Hedera include Google, IBM, and Boeing.

HBAR Crypto moves in what field?

HBAR, as the original token from Hedera, operates in various fields that utilize distributed technology, such as finance, supply chain, IoT (Internet of Things).

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Reference

Hedera Team, EQTY Lab’s Verifiable Compute Brings Trust to AI with Hedera, accessed December 19, 2024

Kelvin Munene, HBAR Price Eyes Rally To ATH As EQTY Lab Unveils AI Verification Tool On Hedera, accessed December 19, 2024

Author: SD

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