Prove AI Shifts to Hedera for Next-Generation AI Governance
In a strategic move set to reshape the landscape of AI governance, Prove AI AG has announced its decision to build its flagship AI governance solution exclusively on Hedera. This marks a significant shift for Prove AI, which aims to offer enterprises robust tools to responsibly scale AI technologies, while maintaining visibility and control over the data used to train AI systems. By leveraging Hedera’s enterprise-grade distributed ledger technology (DLT), Prove AI is poised to enhance data governance, compliance, and auditability in AI development.
Why Hedera?
According to Mrinal Manohar, CEO of Prove AI, the partnership with Hedera was a natural fit. “Hedera’s proven commitment to delivering a truly enterprise-grade blockchain environment mirrors our own,” said Manohar. “This makes them a natural partner as we introduce Prove AI to the broader marketplace.” Hedera’s secure, transparent, and scalable infrastructure aligns perfectly with Prove AI’s mission to provide AI-driven businesses with the tools they need to audit, manage, and certify AI training data in real-time.
Prove AI’s Cutting-Edge Capabilities
Prove AI is focused on helping organizations navigate the complex regulatory landscape surrounding AI development. Its solution, built on Hedera, offers key functionalities that are essential for companies working with AI:
- Multi-party data governance: Prove AI allows enterprises to manage access to AI training data, securely granting and revoking permissions while maintaining a tamper-proof record of all interactions.
- Tamper-proof data storage: By harnessing Hedera’s immutable blockchain technology, Prove AI ensures that all changes to AI training datasets are logged, providing comprehensive and auditable data logs.
- Automated compliance: With regulations like the EU AI Act and standards such as ISO 42-1 emerging, Prove AI helps businesses automate compliance processes, ensuring that AI systems meet legal and regulatory requirements.
These features are critical as AI continues to play a larger role in global business operations. Prove AI’s tools aim to increase trust with regulators and end-users alike by offering transparent, immutable audits of AI systems.
A Strong Partnership
Hedera is governed by a decentralized council of 39 global institutions, including enterprises, universities, and nonprofits. Its public-permissioned model offers unmatched transparency and real-time data auditing, making it an ideal platform for Prove AI’s governance needs. With low, fixed transaction fees, Hedera ensures scalability and sustainability in AI development.
Charles Adkins, President of Hedera, expressed excitement about the partnership. “Prove AI’s ability to bring trust to risk management in AI systems aligns perfectly with our mission to provide a secure, scalable foundation for builders and enterprises alike,” said Adkins.
Transition from Casper Network
Prove AI, formerly known as Casper Labs, was initially built on the Casper Network. However, the company’s shift to Hedera signals a focused move towards enterprise AI governance, with Hedera offering the performance and compliance tools needed to drive their mission forward.
About Prove AI
Prove AI AG is a leading AI governance company that offers organizations tamper-proof auditing and data management solutions for AI systems. With a leadership team drawn from top companies like IBM, Amazon, and Accenture, Prove AI helps businesses embrace AI technologies with confidence while staying compliant with global regulatory standards.
For more information, visit proveai.com.
About Hedera
Hedera is a high-performance DLT network governed by a council of the world’s leading organizations. It empowers the creation and management of digital and real-world assets with unparalleled security and efficiency. Learn more at hedera.com.