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Provenance Blockchain Foundation announces $50M in grants for blockchain development

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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Source: Cryptocurrency - investing.com

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