Provenance is an asset & industry agnostic, blockchain based application that lets businesses establish traceability of the product, transparency of the processes and trust-worthiness of the information across the lifecycle of assets (or) products.
Provenance is an uncompromising vision of enabling information symmetry and total accountability across a decentralized yet immersive network of stakeholders across the supply chain.
Provenance’s features spread across various asset & service transactions, ensures traceability and transparency information is captured and made available to all stakeholders on the network. Provenance leverages blockchain technology to decentralize and enhance trust in data across the product supply chain.
Functionalities to capture asset transactions to establish proof of origin (ingredients as well as location), proof of custody (ownership) and proof of event (time trail).
Provenance renders completes processes transparency with functionalities to capture background and handling information of assets being traded- including provisions to capture certifications, inspections, quality checks, audits…
Provenance uses Blockchain technology to provide equality based agreements for information capture & ownership and data immutability. This provides undeniable and tamper-proof authentication required by stakeholders.
While Provenance is built on top of EV Blockchain framework -which is an abstraction of the proven Bitcoin DLT (Distributed Ledger technology), the application has been architected to be interoperable with frameworks like IBMs HyperLedger, Ethereum and other popular DLTs.
Our application can be seamlessly integrated with existing IT infrastructure through easily consumable set of APIs across multitudes of legacy system of businesses involved in the supply chain.
With Provenance, enterprises can now open up a world of possibilities to fortify and differentiate their business by creating the Network of Trust
Connect, Collaborate and Grow with your business partners by leveraging the power of a Multi-enterprise Business Network
Download this flipbook to hear from experts at FinXEdge discuss the strategies and tactics needed to be resilient against credit losses and increase collections ROI, in the short, medium and long-term
Data Harmonization addresses these challenges by contextualizing external business data for each enterprise and making it insight-ready, by leveraging automation and machine learning techniques.