Ed Marquez from Hedera explains that Hedera is a decentralized, open-source layer-one blockchain with two key distinctions: governance and technology. It is governed by a council of global organizations such as Google, Boeing, and IBM, and its unique consensus algorithm offers advantages in scalability, performance, and cost, making it ideal for large-scale applications. Hedera focuses on using blockchain to ensure transparency, integrity, and auditability, which is particularly valuable in AI development. For example, Hedera can help trace and verify the data and parameters used to train models, like in the case of Climate GPT, which uses Hedera to anchor data and model parameters, ensuring the integrity of the training process. This makes Hedera especially useful when trust and transparency are crucial.

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