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Chronicle: You Say Provenance, We Say Open Source

BTP’s Blockchain-Backed Provenance Product, Chronicle, Is Now Open Source

How It All Started

A while ago, we identified provenance as an area that offered great potential to not only boost the adoption of blockchain and associated technologies, but also to generate significant economic value across industries.

Why Open Source?

In a previous blog post, I Love Blockchain. But, Let’s Talk Open Source., I talked about how not only the use of blockchain — and distributed ledger technology (DLT) more broadly — has to be multiparty, but its development too. Simply put, open source is fundamental to DLT. DLT is just too powerful and valuable to be owned and controlled by a single organization.

Configuring Chronicle

Although Chronicle is a domain-agnostic offering, we made it easily configurable to enable users to capture provenance information for a range of applications and use cases such as the traceability of artwork, critical infrastructure, food items, medical devices, precious metals or real estate, just to mention a few.

Early Chronicle Wins

Over the past months, we’ve been working on some exciting provenance projects, utilizing Chronicle, in the creative, energy, and financial services sectors.

P.S.

Blockchain-backed provenance is anticipated to be a trillion-dollar opportunity by 2030 in terms of global business value, so don’t hesitate to reach out and talk to us about it.

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Csilla Zsigri

Chief Strategy Officer at BTP and former technology industry analyst