Provenance Blockchain Foundation has presented a $50 million grant program for blockchain developers to reinforce the reach of regulated financial companies on blockchain.
The grant program promise to award $50 million in HASH, Provenance Blockchain’s native token, to developers who form core companies and experiences that enable the chunky digitally native lifecycle of regulated financial sources on blockchain technology. Developers will likely be evaluated fixed with a vary of factors, including their skill to make a contribution to asset perfection, asset origination, on- and off-ramps, security, compliance, wallets, identity, developer tools and new financial asset use conditions. All initiatives that are awarded grants will must moreover undergo Know Your Customer screening.
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