# Provenance Blockchain

> Real Assets, Real-World Impact.

Provenance Blockchain helps financial institutions tokenize and manage real-world assets on a purpose-built Layer 1 network using proof-of-stake consensus.

Provenance Blockchain provides a public Layer 1 network for financial services, facilitating tokenization, trading, and management of real-world assets. Built using Cosmos SDK and CometBFT consensus, the platform enables institutions to issue digitally-native financial assets with near-instant settlement finality. The network launched in 2018 as a permissioned chain by Figure Technologies, then relaunched as a fully public blockchain in 2021.

- Type: Project
- Sector: Infrastructure
- Status: Active
- Founded: 2018-01-01
- Profile: https://thegrid.id/profiles/provenance_blockchain

## Products

- [Provenance Blockchain](https://thegrid.id/profiles/provenance_blockchain): Provenance Blockchain provides a proof-of-stake Layer 1 network built with Cosmos SDK and CometBFT consensus, enabling financial institutions to tokenize and trade real-world assets through an integrated ledger, registry, and exchange architecture with sub-second settlement finality. (L1, Live, Main Product)

## Assets

- [HASH (HASH)](https://thegrid.id/profiles/provenance_blockchain): HASH is the native utility token of Provenance Blockchain. It is used to pay transaction fees, secure the network through proof-of-stake validation, vote on governance proposals, and purchase assets in on-chain auctions. A portion of network fees collected is returned to HASH holders through a decentralized auction mechanism where winning bids are permanently burned, creating continuous price discovery while reducing circulating supply. (Native)

## Links

- [Main](https://provenance.io)
- [Privacy policy](https://provenance.io/privacy)
- [Media Kit/branding](https://provenance.io/presskit)
- [Whitepaper](https://provenance.io/whitepaper-tokenomics)
- [Blog](https://medium.com/provenanceblockchain)
- [Documentation](https://docs.provenance.io)
- [Twitter / X](https://x.com/provenancefdn)
- [LinkedIn](https://linkedin.com/company/Provenance Blockchain)
- [GitHub](https://github.com/provenance-io)

## Relationships

- [Figure](https://thegrid.id/profiles/figure): Parent organization

## Legal

This data is provided under two licensing models.

Model 1 - open data. The open data core is licensed under the Open Database License (ODbL) — a copyleft/share-alike license allowing free use, modification, and sharing for any purpose. Attribution is required: include "Powered by The Grid" linking to https://thegrid.id wherever the data is used. Derivative databases must be shared under ODbL terms. Trademarks, logos, and brand names (marked "Special TPIP") are not covered by the ODbL. For ML/AI use: training datasets that substantially extract ODbL data are Derivative Databases and must be shared under ODbL if publicly used; models must be attributed in documentation.

Model 2 - commercial licenses. The Grid Data Service (TGDS) is also available as a commercial license. See [Web Services Terms](https://about.thegrid.id/legal/web-services-terms) for commercial use that is not covered by the open data service.

The following applies to both licensing models.
- All data is provided AS IS with no guarantees of accuracy.
- The Grid does not provide investment, legal, or tax advice, and
- a project's presence in The Grid's data does not imply endorsement.


- [Data Licensing & Disclaimers](https://about.thegrid.id/legal/data-licensing-and-disclaimers): Licensing models and disclaimers
- [Open Data (ODbL)](https://about.thegrid.id/legal/open-data): Open Database License terms and scope for The Grid's open data service.
- [Attribution Guidelines](https://about.thegrid.id/legal/open-data-attribution-guidelines): How to attribute The Grid's data when using the open data service.
- [Web Services Terms](https://about.thegrid.id/legal/web-services-terms): commercial Terms for using data services.
- [All Legal Documents](https://about.thegrid.id/legal): Full index of terms, policies, and disclosures

## Optional

- [TGS Field Descriptions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-field-descriptions.md): Schema field definitions for The Grid's data model
- [TGS JSON Structure](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-json-structure.md): Data model structure and relationships
- [Product Type Definitions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-definitions.md): Definitions for each product type
- [Product Type Classification](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-classification.md): Guide for classifying products into types
- [Grid MCP Guide](https://github.com/The-Grid-Data/workspace-public/blob/main/grid-search/skills/grid-query/references/grid-mcp-guide.md): How to query The Grid programmatically via MCP