[ANN][PRVD]Provide Network: Web3 infrastructure for synchronizing data

[Provide.Network]

PRVD OASIS is an openly-governed, open-source project that advances Provide's leading production-grade reference implementation of the Baseline Protocol, an open standard that helps synchronize multiparty workflows across a variety of sectors and permeate decentralized finance throughout global commerce.
Provide is a proud, long-standing EEA member. Moreover, Provide serves as a key contributor to the Baseline Protocol and its Technical Steering Committee, and also within the EEA Community L2 Project.
In the ecosystem, Provide is an advocate for the maturation and adoption of Ethereum and web3 within the enterprise space.
The intent for the project is to be a conduit to OASIS, EEA, and Baseline Protocol, and advance the collective efforts of those advocating for enterprise Ethereum adoption.

PRVD Charter
PRVD-OASIS stakeholder briefing
PRVD Oasis website
Github
Sponsors


Brief overview of Provide Framework, services (Ident, Privacy, Baseline, Valut etc.):

Ident:
_{Microservice providing identity, authentication and authorization services for applications, organizations and users
https://github.com/provideplatform/ident}
Vault:
_{Key management with a focus on providing advanced privacy and messaging capabilities (i.e., zero-knowledge proofs, SNARK-friendly hash functions, double-ratchet algorithm, etc.) in a single enterprise-grade API
https://github.com/provideplatform/vault}
Nchain:
_{Low-code, web3 Swiss Army knife for building enterprise application
https://github.com/provideplatform/nchain}
Payments:
_{A payment rail for enterprise blockchain enablement. It is a fiat onramp built for enterprise procurement of public blockchain services.
https://providepayments.com}
Privacy:
_{API for building trust-minimized enterprise ecosystems. This service is here to help you implement zero-knowledge cryptography and privacy solutions at enterprise-scale}
Shuttle:
_{(Work in progress)
https://docs.provide.services/shuttle}
Baseline:
_{Provide Baseline is an API Suite for integrating systems of record, curating enterprise ecosystems and managing zero-knowledge workflows within a baseline context.}
CLI:
_{CLI for managing distributed infrastructure and applications
https://github.com/provideplatform/provide-cli}
Shuttle Excel:
Excel client for the Shuttle Baseline-as-a-Service offering
https://github.com/provideplatform/shuttle-excel
proUBC:
Open-source implementation of the PRVD Stack baseline middleware pattern for SAP, using ABAP
https://github.com/provideplatform/proUBC

*See Documents and Github for more info!


Architecture:

• Cloud-native infrastructure
• Advanced cryptography emphasizing privacy and security
• Synchronization of streaming data across disparate systems

Business Benefits:

• Introduce members to a leading web3 enterprise ecosystem
• Establish new web3 business models and participate in the DeFi ecosystem
• Expand commercial relationships and value to existing customers
• Showcase and contribute expertise to the open-source community
• Unlock strategic partnership opportunities within the ecosystem
• Participate as a thought leader in the development of open-source DAO constructs for the enterprise
• Earn equitable governance representation
• Contribute to public goods for enterprise

Oversee Technical Governance:

• Elect the Technical Steering Committee (responsible for architecture, roadmap, strategy, etc.)
• Allocate funding for bounties and grants

Participate in the PRVD DAO:

• First openly-governed open-source enterprise DAO
• PRVD token is locked up on behalf of each sponsor, pro rata to its annual contribution to OASIS
• Vote on Provide Improvement Proposals (PIPs)
• Change protocol policy and network parameters
• Manage treasury and risk
• Upgrade smart contracts

Web3:

• The openly-governed, open-source model is Provide's desired direction; one that is permissionless, inclusive and prioritizes the fundamental values inherent to web3.  With Shuttle, the first web3 synchronization solution, customers can transform existing business processes (ERP, CRM) into tokenized assets and entirely new business models. PRVD marshals zero knowledge proofs from inception to defi.

$PRVD token:

The Provide (PRVD) ERC-20 token contract was deployed to the Ethereum mainnet on November 23, 2021 by this transaction.
The contract stipulates a maximum supply of 150,000,000 PRVD, all of which were minted when the contract was deployed.
Following deployment of the token contract, all 150,000,000 PRVD were moved to cold storage. The tokens were then distributed to staging addresses, also in cold storage, in preparation for the initial distribution as described herein.

• PRVD official token contract address: 0x65bb569faadd324a00883fde4c46346cc96d5c0a
• Validator license: https://etherscan.io/address/0x0a545AB449978F2F9ff74A6F5bF80E6705D8971f#code

        *Deposit 2,500 UBT (Unibright) into this contract to secure your license to validate provide.network upon network launch.
        *Depositors will be included in the initial Network Rewards contract, permitted to withdraw PRVD block rewards and participate in network governance as described in whitepaper.


Team:

• Kyle Thomas - Founder & CEO [Linkedin, Twitter, Github]
• Jack Leahy - Growth [Linkedin, Twitter]

Connect with the Provide Ecosystem:
Website
Documents
Enjoy the Code
Whitepaper
Blog
Linkedin
Twitter
Github
Telegram
Youtube
Reddit
Discord

Partners: AAVE, AWS, Baseline Protocol, BSN Blockchain-based Service Network, BankUnited, CONA Services LLC (Coke One North America), Chainlink, Connext, ConsenSys, Centrifuge, Enterprise Ethereum Alliance, Ethereum Foundation, Envision Blockchain End-Labs, Google, Hedera Hashgraph, LimeChain, Microsoft, NATS, Nethermind, Oasis Open, Polygon, RedHat, SAP, Servicenow, Salesforce, Splunk, SYNADIA, STORJ, The Graph, Unibright, Uphold

107 Technology Pkwy NW Ste. 215
Peachtree Corners, GA 30092

Contact:
https://provide.services/contact


What is the Baseline Protocol?
The Baseline Protocol is a framework that enables enterprises to synchronize complex, multiparty, business processes with privacy and without moving data from systems of record.

Zero Knowledge circuits employ a common frame of reference that allows all parties in a networked business process to maintain their own systems-of-record in a verified state of consistency. Public blockchain is advised but not required.
https://www.baseline-protocol.org/
https://entethalliance.org/EEACommunityProjects/
https://docs.baseline-protocol.org/

Founding members:
AMD, EY, Chainlink, Core Convergence, ConsenSys, Duke University, Envision Blockchain, MakerDAO, Microsoft, Neocova, Splunk, Unibright, Provide and W3BCLOUD

Oasis Open nonprofit consortium:

The Organization for the Advancement of Structured Information Standards is a nonprofit consortium that works on the development, convergence, and adoption of open standards for cybersecurity, blockchain, Internet of things (IoT), emergency management, cloud computing, legal data exchange, energy, content technologies, and other areas.
OASIS Open is where individuals, organizations, and governments come together to solve some of the world’s biggest technical challenges through the development of open code and open standards.
https://www.oasis-open.org/
https://www.oasis-open.org/standards/
https://en.wikipedia.org/wiki/OASIS_(organization)

Ethereum Enterprise Alliance:
The Enterprise Ethereum Alliance is a member-led industry organization whose objective is to drive the use of Ethereum blockchain technology as an open-standard to empower ALL enterprises. Our members are thought leaders from around the globe with a shared vision to create enterprise-ready solutions.

The EEA’s mission is to:
Deliver an open, standards-based architecture and specification to accelerate the adoption of Enterprise Ethereum.
Create world-class Enterprise Ethereum Client Specifications and testing and certification programs that ensure interoperability, multiple vendors of choice, and lower costs for its members.
https://entethalliance.org/

Ethereum Enterprise Alliance community L2 project scope:

Identify and document the most relevant use cases and business requirements for Layer 2 and other Blockchain Scalability solutions for EVM compatible public blockchains
Define a technical standard with identification and differentiation of classes of scalability solutions as required that meet both ecosystem and enterprise requirements, with a particular focus on interoperability between Layer 2 solutions for EVM compatible public blockchains
For EVM compatible public blockchains, identify, document, and devise solution approaches for Layer 2 Blockchain scalability solution specific challenges such as MEV, block (gas) limits, TVL concentration, etc.
Identify and document characteristics of Layer 2 Blockchain environments for EVM compatible public blockchains that will be key in addressing mainstream and enterprise adoption.

https://ethereum-magicians.org/t/interop-of-digital-assets-with-residuals-l1-l1-l1-l2-l2-l2/8519
https://ethresear.ch/t/interop-of-digital-assets-with-residuals-l1-l1-l1-l2-l2-l2/12156
https://github.com/eea-oasis/L2

Disclamer: This thread is managed by the community.

[1715200213]

1715200213

[1715200213]

1715200213

[Provide.Network]

https://www.youtube.com/watch?v=0556CIfzn8A
Blockchain Innovators - Conor Svensson and Kyle Thomas [Aug 4, 2021]
-Web3 Labs

[Dan123456]

I will share my own personal thoughts on why I am avoiding this project:

Imo, this token has many problems before it has even properly started. The project smart contract code says 1st of Jan launch, and they were accepting funds and stating that everything launches from that date. Despite the date being hyped, and words like "fomo" and "launching it all" being said - to date, nothing has happened in terms of promised rewards, validating a network or a revised and updated whitepaper.

Deposit contract code (which states intended launch date) - https://etherscan.io/address/0x0a545AB449978F2F9ff74A6F5bF80E6705D8971f#code

The team are also being sued by a former partner for breach of contract and for a lot of money and tokens that they were, according to the lawsuit, not allowed to sell. https://bitcoinpress.co.uk/unibright-sues-provide-over-blockchain-contract-dispute/

I also see potential issues with the distribution. There is no fair launch or good distribution, many tokens have been given out in large amounts to approx 100 addresses, so very centralised and top heavy.

Etherscan for token distribution - https://etherscan.io/token/0x65bb569faadd324a00883fde4c46346cc96d5c0a

Trading started in December on uniswap, but was quickly shutdown because one prvd holder was selling. Uniswap link for liquidity and trading launch - https://info.uniswap.org/#/pools/0x6abb15e565ae8a7ccabc2ad6c0f673d5cfc18a23

I also question the utility and whether it has been properly considered. The story is nice, but I personally do not believe that enterprise want to be part of a DAO due to legal and regulatory complications. There may be some demand, but I would think it is minimal.


I therefore find it hard to believe that this token will gain traction and be a good investment. Perhaps I am missing something, or do not fully understand, but Good luck to those who believe this will be a success.

[WhoAsked_idc]

While some points just made by Dan certainly are true (e.g. there is a lawsuit) other points seem a bit skewed towards being a personal opinion. The distribution for example has not even really happened  (as he pointed out there was no point in time to buy) as the network has not launched yet.
It is important to note that Dan, who probably is the same Dan who has been an Unibright insider since forever and is moderating various Unibright chats, might not be completely unbiased when it comes to the launch of a potential competitor.


full disclosure:
I hang out in the unbright and provide tgs myself.  Make sure to join https://t.me/provideofficial to form your own impression (same goes for unbright: https://t.me/Ubtunofficial).

[Dan123456]

I start the post with imo = in my opinion. So it is exactly that, and I make that very clear that these are my thoughts around the governance token.

People can form their own opinions. I just shared mine.
I am not investing in PRVD and I have explained my thought processes and reasoning. People should DYOR.

(And this is not a competitor to UBT, as UBT is a gas token, not a governance token)

[Provide.Network]

Provide Featured in EEA Ethereum Business Readiness Report

Read the BankUnited/ServiceNow case study featuring Provide and Shuttle in the EEA's Ethereum Business Readiness Report 2022.

Provide Featured in EEA Ethereum Business Readiness Report
The EEA report represents one of the first attempts to systematically assess the capabilities and potential of Ethereum as a business platform. Through case studies, interviews, and original Ethereum ecosystem research, the report sheds light on the use of Ethereum and Web3 technologies to solve real-world business problems. In the report, the EEA also proposes a framework for businesses to use to understand and assess their options when building on Ethereum.

Download the EEA's full report, which includes the Provide case study on page 56 here. If you prefer, you can download just the case study featuring BankUnited, ServiceNow and our much-anticipated Shuttle product here.

[True_Gift]

Looks like things have finally started happening. BankUnited was also added to the sponsor list in the PRVD-Oasis github.
They (Provide-Team) also have been teasing various news (and hopefully they include the whitepaper and the shuttle launch) up until the 4th of July.

While I have started to become a bit skeptical over the last month these new information seems to point in the direction of everything actually being legit.
If the whitepaper also addresses the PVRG (another token and important thing not mentioned in here) distribution after the burn, then all my doubts will have vanished and I can't wait to see what they got in store.

I'm pretty sure this one is a project to watch in the near- AND long-term future (but as always keep a level-headed approach).  

[Provide.Network]

OASIS Launches PRVD Open Project to Advance Production-Grade Reference Implementation of Baseline Protocol

28 June 2022 --- OASIS Open, the international open source and standards consortium, announced the formation of PRVD, an OASIS Open Project, to advance a leading production-grade reference implementation of the Baseline Protocol.

(Provide, Synadia, Polygon, Chainlink, BankUnited, DataBrains and HaasOnline Collaborate on New Open Source Initiative)

Read more here

[unnamed0simple]

Where can I buy PRVD?

[True_Gift]

They (Provide-Team) also have been teasing various news (and hopefully they include the whitepaper and the shuttle launch) up until the 4th of July.

Hello everybody

Apart from the last post by the team in here, I quickly wanted to go revisit the hopes I expressed to tell everybody reading this that shuttle indeed launched and the whitepaper (although only version 0.99) also was published.
Personally, I'd have liked it if the paper had a bit more meat on the bone (especially the PVRG section), but I'm glad the team seems to be hitting more and more deadlines, while also publishing great news.
The next thing to look out for is the open source SAP-connector (proUBC).

From my point of view, this is getting more and more promising.



Cheers,
Gift.

[Provide.Network]

proUBC have been released!

Description: Open-source implementation of the PRVD Stack baseline middleware pattern for SAP, using ABAP.
You can find out more about it here.

[Provide.Network]

We’re excited to announce Twitter Space

It’s been an exciting few weeks for the Provide community.

Set a reminder to join for an in-depth community update from the team led by Kyle Thomas.

LINK

[Provide.Network]

Provide Flagship Product, Shuttle, Reaches General Availability Release

- Featuring a new and intuitive onboarding experience, an updated UI and a reimagined no/low-code workflow designer, Shuttle is the easy-button for creating, curating and managing enterprise-grade, synchronized web3 ecosystems in compliance with the Baseline Protocol. Shuttle is also built specifically for optimized use with the PRVD stack, the open-source distributed systems architecture now governed by PRVD, an international OASIS Open Project; PRVD is a sister project to the Baseline Protocol by way of EEA Community Projects...
LINK


Ryan Fleischmann Joins Provide as Developer Evangelist & SAP Architect

- Ryan brings the Provide team 10+ years of experience in SAP ERP and S/4 HANA-integrated solution delivery across a variety of business processes including supply chain, CRM, manufacturing and finance across diverse industries working with clients such as Accenture, Steelcase, Whirlpool, Deloitte, TEKsystems, Gordon Food Service, and US Department of Defense. He is deeply experienced with full stack development in SAP ABAP, SAP Fiori and UI5, JavaScript, .NET and Java supporting business-critical applications, integrations, and APIs used in the cloud, mobile, and on-premise. In addition, he has mentored SAP developers and led agile teams across the globe since graduating with honors from Grand Valley State University in 2012 with a BBA in Management Information Systems specialized in SAP...
LINK


Synchronizing ServiceNow Processes Made Simple with Provide

- The ProvideNow release enables customers such as BankUnited to begin testing the end-to-end process of baselining business records, offering simple and standardized onboarding by way of Shuttle without building expensive new integrations...
LINK


Key Updates from the Inaugural PRVD OASIS PGB Meeting

- The inaugural PRVD OASIS PGB Meeting took place on September 8, 2022 with members from Provide, Synadia, Chainlink, BankUnited and OASIS in attendance, marking an important milestone in the project’s governance. PRVD is an officially chartered and launched OASIS Open Project!

Several key topics were discussed:

• Election of Chairs: Kyle Thomas was elected PGB Chair and Seena Foroutan of Chainlink will serve as Co-Chair of the PRVD OASIS open project.‍
• Indoctrination of proUBC: proUBC, an open-source ABAP implementation of the Baseline middleware pattern for SAP, written specifically for use with the PRVD stack, was officially added to the scope of the PRVD OASIS project charter. This sets the stage for widespread enterprise adoption and community development– including a number of exciting grant opportunities– under the guidance of PRVD OASIS.‍
• Baseline Contributions and Repository Transitions: Kyle highlighted the various projects contributed to the PRVD OASIS open project charter by Provide and demonstrated how each of those projects tie into the BRI-1 reference implementation of the Baseline Protocol. Since the PRVD stack was used to inform the Baseline Standard specification, the two projects will be complimentary. The BRI-1 implementation is being upgraded for submission as a complete test harness for the standard. Provide will transfer ownership of all public repositories contributed to the PRVD OASIS project in advance of the next PGB meeting.

    ‍

• Plans for the setup of the PRVD OASIS Technical Steering Committee: Kyle and Seena will be working together to establish the Technical Steering Committee prior to the next PGB meeting. TSC meetings will likely be held twice each month; the initial TSC meeting will likely take place in mid-October. The TSC will be responsible for creating, reviewing and approving proposed grants...

LINK

[Provide.Network]

Intro to Web3 on SAP: Baseline, PRVD stack, and proUBC

- But the question remains - does Web3 offer anything of value to SAP? There certainly are skeptics... but still... YES! In this blog, we'll briefly touch on what those use cases are, a few of the challenges involved and how the tools and standards of Baseline Protocol, the PRVD stack, proUBC, and Shuttle inform a working solution to bring Web3 to your SAP ecosystem....
LINK

[Provide.Network]

Now available: proUBC enablement documentation

- We're excited to share that the first release of the proUBC enablement documentation is now available!

SAP developers and integrators can take advantage of the step-by-step instructions found in the enablement docs to install, configure, and test drive proUBC in their SAP development or sandbox system.

The proUBC enablement docs guide SAP developers all the way through the use of onboarding PRVD tenant credentials to SAP using Provide Shuttle, as well as the creation and first time trigger of a zero-knowledge proof in a PRVD Baseline workflow from a given SAP idoc.

[Provide.Network]

Provide web3 Webinar

- Learn all about the latest industry-leading use cases and best practices to incorporate web3 infrastructure and composable zero-knowledge into your digital transformation journey.

On Wednesday, February 22 at 11am ET - check out a brand new live webinar broadcast by Provide! Register here to participate via Zoom. The webinar will also be live on our YouTube channel.‍

Key learnings:

    How to think about data synchronization and asset tokenization
    How enterprises digitally transform using open-source web3 infrastructure
    What is composable zero-knowledge privacy?
    Applying Baseline Protocol to business use cases
    Product demo of Shuttle, the first zero-knowledge data synchronization solution
    Easily integrate enterprise systems like SAP and ServiceNow
    Understanding the role of blockchains in the synchronization of systems

There will be a live Q&A with the Provide team after the presentation...