
eClosing and eVaulting (ProvenDB)
OneSpan is a Web3 platform that offers a dedicated eClosing solution designed to digitize and secure the entire lifecycle of high-value digital agreements, particularly in the mortgage and lending industries. The platform streamlines the closing process by enabling remote online notarization (RON), electronic signatures, and identity verification, all within a secure and compliant digital environment. A central component of this solution is the OneSpan eVault, a specialized repository for managing the authoritative copy of critical digital documents, such as promissory notes (eNotes).
To provide an unparalleled level of trust and auditability, OneSpan has integrated its platform with ProvenDB, a data integrity service built on the Hedera network. When a document is signed or a key milestone is reached in the eClosing process, a cryptographic fingerprint (hash) of the agreement is anchored to the Hedera public ledger. This action, facilitated by ProvenDB, creates a permanent and immutable timestamped record on the Hedera Consensus Service (HCS).
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Ledger also provides the Ledger Live application, an all-in-one platform that allows users to manage digital assets, buy, sell, and swap cryptocurrencies, and access a wide range of DeFi and Web3 services. For institutional clients, Ledger Enterprise provides a comprehensive, customizable infrastructure for safeguarding digital assets at scale.
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At the core of the initiative are Nature Collectibles, which are unique digital representations of a species, also known as NFTs for Conservation (NFTCs). Each collectible is a "digital twin" of a real animal and is linked to a specific, on-the-ground conservation project in a protected area. These digital assets can be purchased, collected, and traded through a dedicated mobile app. One hundred percent of the proceeds from the initial sale of a Nature Collectible go directly to the conservation actors in the field, with the Porini Foundation covering all transaction fees.
The entire Nature Collectibles ecosystem is built on the Hedera network. The Hedera Token Service (HTS) is used to mint the NFTs, ensuring their uniqueness and providing a secure and transparent record of ownership. All transactions are recorded on the Hedera public ledger, allowing donors to see their contributions in real-time.
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