Provenance Blockchain Foundation announces $50M in grants for blockchain development By Cointelegraph
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Provenance Blockchain Foundation has announced a $50 million grant program for blockchain developers to support the development of regulated financial services on blockchain.
The grant program promise to award $50 million in HASH, Provenance Blockchain’s native token, to developers who build core services and experiences that enable the full digitally native lifecycle of regulated financial assets on blockchain technology. Developers will be evaluated based on a range of factors, including their ability to contribute to asset perfection, asset origination, on- and off-ramps, security, compliance, wallets, identity, developer tools and new financial asset use cases. All projects that are awarded grants will have to also undergo Know Your Customer screening.
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Provenance Blockchain Foundation has announced a $50 million grant program for blockchain developers to support the development of regulated financial services on blockchain.
The grant program promise to award $50 million in HASH, Provenance Blockchain’s native token, to developers who build core services and experiences that enable the full digitally native lifecycle of regulated financial assets on blockchain technology. Developers will be evaluated based on a range of factors, including their ability to contribute to asset perfection, asset origination, on- and off-ramps, security, compliance, wallets, identity, developer tools and new financial asset use cases. All projects that are awarded grants will have to also undergo Know Your Customer screening.
Continue Reading on Coin Telegraph
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