Provenance is the leading production blockchain for financial services. Every day, assets are originated, traded and financed on Provenance.
HOW BLOCKCHAIN CHANGES EVERYTHING
Provenance is the leading production blockchain protocol for the financial services industry. It is a permissioned, proof of stake protocol that acts as a global ledger, registry and exchange across assets and markets. Every day, loans are originated, financed, sold and soon - securitized, on Provenance. Members include global financial institutions that act as stakeholders, originators, lenders and someday traders on the blockchain. While starting with loan origination and securitization, the use cases for Provenance in the financial ecosystem are limitless.
To learn more about membership, use case applicability or opportunities to invest, please email firstname.lastname@example.org
The $300+ trillion in global financial markets incur hundreds of billions of dollars in audit, custody, trustee, reconciliation and administrative costs each year. Many of these markets suffer from significant friction, lack of transparency and limited liquidity. Figure Technologies, Inc. (Figure™) has launched a production blockchain, Provenance™, to transform financial services. Provenance will dramatically reduce costs, improve liquidity, reduce risk and open new financial markets.
Figure Technologies founded
First loans originated native on blockchain
Initial nodes established
First loan sales native on blockchain
First warehouse on blockchain
10 stakeholders from leading financial firms on Provenance
First securitizations on blockchain
White papers on origination and aggregation efficiencies, deal cost improvement, ratings enhancement and improved market execution tied to securitizations
First hedge fund on blockchain
Additional originators added to chain
First real estate title entirely on blockchain
First digitial mortgage on blockchain
Provenance Hash IPO