trust with truth.
Provenant is a blockchain platform for the origination, storage and transmission of digital original documents. Provenant’s mission is to significantly lower online transaction risk for businesses and consumers, removing the last bastion of paper based documents, the ‘original’ document. Our vision is to replace online trust with truth.
The digital era has allowed simple storing, sharing, and encryption of important documents. However little progress has been made on verifying the origin and history of such documents which makes the other services moot. The current solution is to focus on “in person” or “physical” verification of hard-copy documents which is repetitive, extraordinarily expensive, time-consuming and highly complex at scale. The inability to verify easily the origin and history of documents stored and distributed electronically can create significant risk for business and consumers. Provenant will solve this problem.
A record of the origin[ator] and history of each document will be held on a public blockchain. Verifiable at any time by any platform user with access to the document.
An autonomous decentralized application, recording encrypted documents, their history and metadata on a public blockchain. Stored permanently in the distributed cloud.
Zero Knowledge Encryption, Biometric 2 Factor Authentication and ID verification ensuring document access and transmission is secure and only between known parties.
Provenant will facilitate digital native transactions including document workflows, electronic signatures, forms, and managed sharing.
Provenant is different from other document management solutions as it eliminates document fraud through use of a blockchain.Provenant will be one of the first blockchain implementations accessible to the consumer.
Innovating Financial Guarantees. A three way closed loop transaction.
Financial Guarantees can include any form of commitment to pay from a financial institution (Guarantor) to a third party (Beneficiary) on behalf of the Applicant.
Trillions of dollars of guarantees are in place at any one time globally, and are updated, amended and exchanged frequently. Financial guarantees are a core piece of commercial infrastructure underlying global trade.
The first commercial application of the Provenant platform will exist to serve this market place.