Provenance Blockchain

Figure launched Provenance Blockchain in 2018 and relaunched a completely rebuilt Provenance Blockchain as a public chain in 2021. Provenance Blockchain is built using the Cosmos SDK and Tendermint consensus module and is a sovereign level one chain with a native utility token, HASH. Provenance Blockchain has over 70 validators today, with a mix of traditional financial services firms and crypto firms. Billions of dollars of financial transactions have been executed on Provenance Blockchain, with significant growth through 2021 across lending, payments and marketplaces. Provenance was built specifically for financial services with data control, near instant settlement finality and high throughput given proof of stake consensus.