- Prove AI AG, formerly known as Casper Labs, made a “strategic decision” to move
- This is just the latest update in the ongoing trend of industry-wide migration
Prove AI AG, a firm specializing in AI governance, is set to migrate its flagship governance solution from the Casper network to the Hedera Network. This move underscores the increasing trend of blockchain projects shifting to networks that offer enhanced technological capabilities. Hedera’s advanced blockchain infrastructure, characterized by high throughput, low latency, and robust security, has emerged as a favored choice for projects seeking a more reliable and auditable ecosystem.
For Prove AI AG, the migration is particularly strategic as it aims to enhance the security of its AI training data and ensure more transparent governance protocols.
A broader strategy
The shift to Hedera is part of Prove AI’s broader strategy to align with blockchain networks that can support the growing demands of AI governance. Hedera’s design—using the hashgraph consensus mechanism—enables efficient processing of large data volumes, a crucial aspect for AI training environments where accuracy and auditability are paramount.
According to Charles Adkins, President at Hedera,
“Prove AI, as an immutable, tamper-proof database, brings a level of trust to risk management in AI systems, which aligns perfectly with our mission to provide a secure, scalable foundation for builders and enterprises alike.”
Not an isolated event
This migration is not an isolated event though. In recent years, Hedera has witnessed a surge in interest from various projects looking for an efficient and secure blockchain environment. For instance, the popular NFT project Mynt also made a similar transition to Hedera, capitalizing on its high throughput and energy efficiency.
Projects like Mynt have highlighted Hedera’s suitability not just for AI governance but also for broader applications like tokenization, digital assets, and decentralized finance (DeFi).
Hedera’s recent launch of a toolkit for on-chain tokenization has further cemented its reputation as a versatile blockchain network. This toolkit facilitates the seamless integration of real-world assets into the blockchain, enabling more transparency, accessibility, and liquidity.
The trend of migrating from one blockchain to another is becoming more common, driven by evolving needs around scalability, security, and cost efficiency. For example, projects that started on Ethereum have migrated to networks like Polygon or Solana due to lower transaction costs and faster processing speeds.
Prove AI AG’s decision to migrate to Hedera is thus part of a broader pattern of strategic shifts in the blockchain industry.
