Provenance Blockchain PriceHASH

What is Provenance Blockchain (HASH)?

Provenance Blockchain (HASH) is a sovereign Layer 1 blockchain built specifically for the financial services industry using the Cosmos SDK and Tendermint consensus module. It is a public, open-source, decentralized proof-of-stake network designed for real-world asset tokenization, offering data control, near-instant settlement finality, and high throughput. HASH is the publicly available utility token used to pay all fees on chain and for governance. The network has a maximum supply of 100 billion HASH and a total supply of approximately 94.97 billion HASH. Figure originally launched Provenance Blockchain in 2018 and relaunched a completely rebuilt version as a public chain in 2021.

Key Specifications & Tokenomics

• Name: Provenance Blockchain
• Symbol: HASH
• Consensus: Proof of Stake (Tendermint)
• Blockchain: Sovereign Layer 1 built with Cosmos SDK
• Category: Real-World Assets (RWA)
• Max Supply: 100,000,000,000 HASH
• Total Supply: 94,978,475,358 HASH
• Circulating Supply: 0 HASH per the CoinMarketCap static registry
• Launch: 2021 public chain relaunch
• Contract Address (Osmosis IBC): ibc/CE5BFF1D9BADA03BB5CCA5F56939392A761B53A10FBD03B37506669C3218D3B2
• Official Website: https://provenance.io
• Documentation: https://docs.provenance.io
• Explorer: www.mintscan.io

Who created Provenance Blockchain?

Provenance Blockchain was launched by Figure in 2018 and rebuilt as a public chain in 2021. Provenance Blockchain was co-founded by Mike Cagney and June Ou, both former co-founders of SoFi; June Ou serves as Executive Director of Provenance Blockchain. The Provenance Blockchain Foundation funds a grants program for ecosystem development. According to the Provenance Blockchain, Inc. whitepaper, the administrator holds roughly 24% of the Hash stock, stakeholders hold 5%, and Figure holds the remaining 71% in consideration for the Provenance technology; a separate foundation and team allocation is listed at 8% for founding team members, future team members, advisors, and contractors.

How does Provenance Blockchain work?

Provenance Blockchain operates as a proof-of-stake network secured by validators who stake HASH tokens. The chain uses the Cosmos SDK and Tendermint consensus module to achieve near-instant settlement finality and high throughput. It is purpose-built for real-world asset tokenization, with a focus on mortgages and insurance contracts. The team describes the network as combining "truth-vs-trust" and riskless transactions to create bilateral decentralized markets; this is the project's own framing, and tokenized-asset transactions still carry counterparty and market risk. HASH holders can delegate tokens to a preferred validator and start earning staking rewards, subject to validator performance and network conditions. All transaction fees on the network are paid in HASH, and the token also serves governance functions. The price of HASH floats and is driven by network usage.

What makes Provenance Blockchain unique and valuable?

Provenance Blockchain is described as the leading Layer 1 blockchain for financial services. Its unique value lies in being purpose-built for real-world asset tokenization rather than general-purpose computing. According to the project, $750 million in mortgages and $400+ million in insurance contracts have been tokenized on the chain. Billions of dollars of financial transactions have been executed on the chain across lending, payments, and marketplaces. According to the project, over 70 validators secure the network, with a mix of traditional financial services firms and crypto firms, and Provenance bridges institutional finance and blockchain technology. Its data control features and near-instant settlement finality make it uniquely suited for financial institutions seeking efficiency and transparency.

What is HASH used for?

HASH serves multiple critical functions within the Provenance Blockchain ecosystem. It is used to pay all transaction fees on the network. HASH holders can participate in governance decisions affecting the protocol. The token secures the network through proof-of-stake consensus, helping keep Provenance Blockchain decentralized and efficient. Holders can delegate HASH to validators to earn staking rewards. HASH powers everything from governance to settlement to rewards. As a utility token, its value is driven by network usage, and per the developer portal, HASH can't be created or destroyed. The token is publicly available and can be obtained via Figure Markets and is tracked on 10 active markets, according to the CoinMarketCap registry.

How Is the Provenance Blockchain ecosystem developing?

The Provenance Blockchain ecosystem continues to expand through multiple initiatives. The Provenance Blockchain Foundation funds a grants program for projects that enhance the ecosystem, research new directions, or provide educational resources. Okcoin became the first U.S. exchange to list HASH (announced April 26, 2022). On January 21, 2026, Figure Technology Solutions announced a community-approved update; Figure holds roughly 25% of outstanding HASH tokens and expects the new structure to improve awareness and utility of HASH. The network supports over 70 validators with a mix of traditional financial services firms and crypto firms. A blog post titled "How to Buy HASH on Figure Markets" was published on April 29, 2025.

How to mine Provenance Blockchain?

HASH cannot be mined through traditional proof-of-work methods. Instead, the network uses proof-of-stake consensus where validators stake HASH tokens to secure the chain and validate transactions. HASH uses a dynamic inflation model that adjusts based on the percentage of total HASH supply staked, targeting approximately 60% staked; when 60% or more is staked, inflation minimizes to 1%. HASH holders can delegate their tokens to a preferred validator and begin earning rewards immediately. Staking helps keep the network efficient and decentralized while providing token holders with a way to participate in network security. According to the project, over 70 validators secure the network. The staking mechanism aligns incentives between validators, delegators, and the broader ecosystem. Detailed staking guides are available through the project's blog and developer portal resources.

How to keep your HASH Coin safe?

Securing HASH tokens requires attention to both custody and network participation risks. Use hardware wallets or reputable custody solutions for long-term storage. When staking, delegate to validators with established track records and reasonable commission rates. Be aware that HASH has a large total supply relative to circulating supply and thin liquidity, which can affect market conditions. The price of HASH floats and is driven by network usage. Keep private keys and seed phrases offline and never share them. Verify all transaction details before signing. Consider diversifying staking across multiple validators to reduce slashing risk. Stay informed through official channels including the Provenance website, blog, and developer portal.