Physical assets including real estate, stock certificates, gold, etc. require a great deal of verification and examination every time they transact. This prolongs the transaction time and settlement time of a transaction. The First Genesis BPaaS™ transforms the physical assets into a blockchain format for transactional and validation purposes.
The First Genesis BPaaS™ provides an accessible ledger that collects and structures physical asset data, validates identity, and ensures stakeholder transparency, the financial reconciliation of physical assets is reduced from months to a matter of seconds.
The First Genesis BPaaS™ architecture is capable of producing more than:
60,000 proofs per minute / 3,600,000 proofs per hour / 86,400,000 proofs per day
Without requiring the use of GPU farms or large clusters of Virtual Machines
or third-party proofing services!