Provenance Blockchain

HASH Price

About Provenance Blockchain (HASH)

Provenance Blockchain is a sovereign Layer 1 public blockchain designed to modernize financial services by providing a transparent and efficient alternative to legacy financial infrastructure.

• Institutional Focus: The platform is purpose built for financial institutions to upgrade legacy systems into secure, future ready digital architectures.
• Real World Asset Integration: It powers the tokenization and management of diverse financial products, including loans, private credit, and home equity lines of credit.
• Cosmos SDK Architecture: Built using the Cosmos SDK, the network offers a scalable and interoperable environment specifically tailored for the global financial ecosystem.

What Is Provenance Blockchain

Provenance Blockchain is a decentralized infrastructure layer that aims to democratize financial markets by bringing clarity and equity to all participants. Launched in 2018, the network serves as a specialized environment where financial assets can be digitally represented, tracked, and traded without the friction associated with traditional banking systems.

Value moves through the system via the tokenization of Real World Assets (RWAs). By converting physical or legacy assets into digital tokens, institutions can achieve real-time ownership updates and automated compliance. The HASH token is put to work as the primary mechanism for network security and transaction processing. Users stake HASH to support validators who maintain the ledger, and the token is also required to pay for the computational resources used during transactions. As the ecosystem grows and more assets are brought on-chain, the demand for network resources and the underlying utility of the token scale accordingly.

What Makes Provenance Blockchain Unique

• Purpose Built for Finance: Unlike general purpose blockchains, Provenance is specifically engineered to meet the regulatory and structural requirements of global financial markets.
• Live Institutional Adoption: The network already hosts significant financial products, such as YLDS, an SEC registered yield bearing stablecoin, and Figure Lending, a major non-bank lender in the United States.
• DART Registry: The Digital Asset Registration Technologies (DART) system provides a compliant, automated method for real-time loan ownership updates, replacing manual legacy registries.
• Interoperable Foundation: By utilizing the Cosmos SDK, Provenance Blockchain maintains a sovereign environment while remaining capable of connecting with other networks in the broader blockchain ecosystem.

What Can You Use Provenance Blockchain for?

• Staking and Security: Holders can stake their HASH tokens to participate in the Proof of Stake consensus mechanism, helping to secure the network while earning rewards.
• Transaction Fees: HASH is used to pay for gas fees associated with executing smart contracts and transferring assets across the blockchain.
• Governance Participation: Token holders can participate in the governance of the network, voting on protocol upgrades and ecosystem developments.
• Asset Collateralization: The network supports using tokenized assets as backing for borrowing and lending protocols within its financial ecosystem.

How Does Provenance Blockchain Work?

Provenance Blockchain operates as a sovereign Layer 1 network utilizing a Proof of Stake consensus mechanism. This system replaces energy intensive mining with a model where validators are selected to confirm transactions based on the amount of HASH tokens they hold or have had delegated to them. This approach ensures high throughput and low latency, which are critical for high volume financial transactions.

The technical architecture is built on the Cosmos SDK, a framework that allows for the creation of customized, interoperable blockchains. This modular design enables Provenance to implement specific financial logic directly into the protocol layer. Transaction fees, commonly referred to as gas, are paid in HASH and distributed to the validators and stakers who maintain the network's integrity. This economic model aligns the interests of the network participants with the overall health and security of the financial ecosystem.

Team Info and Investors

The development and growth of the network are supported by the Provenance Blockchain Foundation, which focuses on fostering institutional adoption and ecosystem development. While the project launched with significant involvement from Figure, a prominent financial technology company, it has evolved into a public, decentralized infrastructure. Sources indicate that the network is supported by a global set of validators and partners, including innovators in the yield bearing stablecoin and loan registry sectors. Detailed lists of individual venture capital rounds and specific early stage investors are not publicly disclosed in the primary institutional documentation.

Where can you buy Provenance Blockchain?

HASH tokens can be traded on decentralized exchanges and centralized crypto exchanges. The most popular exchange to buy and trade Provenance Blockchain is Osmosis, where the most active trading pair HASH/OSMO has a trading volume of $5,517.34 in the last 24 hours.

What is the daily trading volume of Provenance Blockchain (HASH)?

The trading volume of Provenance Blockchain (HASH) is $6,374.38 in the last 24 hours, representing a -90.50% decrease from one day ago and signalling a recent fall in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for Provenance Blockchain (HASH)?

Provenance Blockchain (HASH) reached an all-time high of $0.06015 and an all-time low of $0.007700. It’s now trading -83.90% below that peak and 26.10% above its lowest price.

What is the market cap of Provenance Blockchain (HASH)?

Market capitalization of Provenance Blockchain (HASH) is $532,552,750 and is ranked #101 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of HASH tokens (55 Billion tokens are tradable on the market today).

What is the fully diluted valuation of Provenance Blockchain (HASH)?

The fully diluted valuation (FDV) of Provenance Blockchain (HASH) is $924,583,555. This is a statistical representation of the maximum market cap, assuming the maximum number of 100 Billion HASH tokens are in circulation today. Depending on how the emission schedule of HASH tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of Provenance Blockchain compare against its peers?

With a price increase of 3.40% in the last 7 days, Provenance Blockchain (HASH) is outperforming the global cryptocurrency market which is down -6.10%, while outperforming when compared to similar Smart Contract Platform cryptocurrencies which are down -6.40%.