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For Immediate Release – September 6, 2022 info@theprovenancechain.com Portland, OR and Huntington Beach, CA, September 6, 2022 The Provenance Chain™ Network (PCN), developer of the Commercial Trust™ Protocol, today announced a partnership with Leonid, a financial services platform supporting U.S. Federal Government contractors. Through the partnership, Leonid will provide PCN with a $5M revolving line of credit used to help fuel the company’s operational and growth objectives

As NFTs (non-fungible tokens) become more of a buzzword, we’d like to take an opportunity to explain more about these universal data containers, or as they are known in the industrial world: “digital twins”. A digital twin is a virtual representation that serves as the real-time digital counterpart of a physical object or process. Though the concept originated earlier, the first practical definition of digital twin originated from NASA in an attempt to improve physical model

The reason we - collectively - are at peak productivity in the 21st century (pandemic aside) is because we have learned - through...

Some of the most widely used innovations today started with a robust architecture or layering of elements that scale. Did you make a...

Some of you likely remember when you generated a purchase order with an actual piece of paper, a 3-part duplicate - file one in a 3 ring binder, mail or fax the other, and archive the third. This was well before enterprise resource planning (ERP) systems emerged. More of you remember, before eCommerce, when we had to be physically present to buy anything. Investor, author, and Stanford Professor Geoffrey Moore categorized and described these major enterprise software sys

The verdict: “I’m impressed as hell” Two weeks ago we launched our network and began processing transactions for our first customers. Last Thursday, we unveiled the functioning product to the founding members of the Oregon Transparency Initiative (OTI) . Unsolicited at the end of the presentation, a senior executive at a major super-regional brand had this to say: “ I am impressed as hell. ” Feedback doesn’t get much better than that. Thank you very much. Another attendee sai

Warren Buffet’s right-hand man, Charlie Munger, famously once said, “Show me the incentive, and I’ll show you the outcome.” When it comes to business transformation, hope is not a strategy. Change always requires clear communication of vision and expectations coupled with the motivation needed to permanently alter behaviors. People rarely change the way they do things unless they have good reason to do so. When presented with anything new, people naturally ask the question,

Our CEO, Jeff Gaus is a husband, a father of two adult sons, and a Godfather to his nephew and cousin. His passions are: his family, youth education, and economic development. He believes capitalism is a force for good that can be channeled to solve many of the world's biggest problems. He believes in work-life integration; meaning technology allows us to weave our personal life into our work and our work into our personal lives, and we as humans need to accept the full pers

It has been six weeks since the Perseverance Rover completed its 34-million-mile journey and landed on Mars. In a few days, Perseverance will step aside to allow the first ever, Mars based helicopter, Ingenuity , to take flight. As Ingenuity prepares to explore the Martian skies, I cannot help but reflect on the monumental effort that started years before launch with the many hundreds of suppliers around the world who built components to support this mission. [Image courtesy

[Portland, OR] Effective March 15, 2021, Ketan Sampat, Co-Founder and Chief Technology & Product Officer of the Provenance Chain™ Network (PCN) began his term on the Port of Portland Commission. Earlier this month, Ketan’s appointment to the Commission from Governor Kate Brown was Senate approved. A prestigious volunteer role that begins a four-year term, Ketan replaces former Commissioner Tom Tsuruta and holds representation for Washington County in Oregon. The nine-member C

What links climate change, pollution, child and forced labor, and deforestation? The answer is very simple: Us. The choices we make as consumers—what we buy, and how much we are willing to pay for things—have huge knock-on effects. Our collective buying behaviors impact the environment, fair trade, and human rights. And yet, in many ways, that’s not our fault, because it’s almost impossible for a consumer to know the real impact of the products she buys every day. A cheap

“Trust, but verify.” This Russian proverb was made famous during the 1980s when Ronald Reagan used it to describe the process of ensuring compliance with mutual nuclear disarmament by the USSR and the United States. The safety of the planet relied on transparency between two powerful and apprehensive nations; relying on both disclosure of information and verifiable evidence to develop trust. Today, the issues commanding America’s attention look different than nuclear war. Ec

In 2020, COVID sent us to our rooms to think about what we’d done. Flights were grounded, factories went silent, and human activity slowed to a crawl. The skies cleared over Los Angeles and the Himalayan peaks were visible from India for the first time in decades. Home confinement has a way of focusing the mind and fueling self-reflection. We took stock of our lives, reassessed our priorities, and understood, perhaps for the first time, how fragile our modern way of life tru

Exhibit A in “Timing is Everything” is: Telemedicine. I first gained experience with Telemedicine as a North American Healthcare sector lead in the mid-1990’s. We constructed telemedicine networks for some of the largest and most prestigious healthcare institutions in the US. They were trying to address the discrepancy of care quality and availability between urban and rural citizens. While there was efficacy and efficiency to be achieved using telemedicine, there were plenty

In 2020 there were lots of scary things going on in the world, and perhaps more “transparency” is already on your radar screen as one of them. But should it be? As 2021 progresses let’s hope that most of last year’s truly scary issues subside. I have a feeling, however, that “transparency” as a concept, even a movement, will not be going away, it's going to become a bigger part of our lives. So, what exactly does that mean? And should we be concerned? The Premise: Simply pu

While I have in the past been accused of being a compulsive optimist, it is a pejorative I gladly embrace. In my role, one needs to be optimistic – yet, realistic – in order for projects, products, and companies to come to life. As the year begins, I commend our team for plowing through the pandemic and delivering, in spades. We know things will never be the same; we will not “return to normal.” There will be a NEW normal, and it will be very, very different from anything we

Take a walk with Steve Brown, Futurist and Co-Founding member of the Provenance Chain Network. As consumers, we make the best decisions we can with the information available to us. To date, product origin information provided by most brands is spun for marketing and can be misleading or just plain useless. PCN believes that technology can help bring transparency to consumer products, allowing people to make informed decisions and align their spending with their values.

Caveat emptor ─ Latin for “let the buyer beware.” This simple phrase has become an English proverb and represents the economic reality at the core of the American commercial system: sellers have more information than customers do. The concept stems from common law and underpins all of our commercial transactions. The phrase implies: “I know more than you do; it’s your responsibility to find the truth.” This “information asymmetry” between seller and buyer, where one party has

I am fortunate to know and spend time with many people who are shaping how The Provenance Chain Network is being designed and built. One of the most influential is friend, author, and futurist Steve Brown. Steve has advised us from the very beginning and is instrumental in how we think about provenance and the future. In anticipation of us publicly sharing what we are doing, Steve has agreed to share with us an excerpt from his recent book: “ The Innovation Ultimatum ” which