Trivolve Tech

Introducing PFMS: Bringing Government Scale Adoption to Cardano by Trivolve Tech

A Treasury proposal which brings massive scale real world adoption to @Cardano with its first user being an Indian state government. PFMS secures the entire Chain of Evidence on Cardano. The scale of the project is such that once it is deployed, it will become the largest government scale project ever on Cardano.

PFMS will be built as an open source public good for policing and justice systems worldwide.

What PFMS brings to Cardano with just the first deployment:

→ 1.53M + Cardano mainnet transactions in year one and rising every year as adoption grows.

→ Grows the current Cardano mainnet transaction metric by +18.2%.

→ ~5.1M DIDs across 3,500 facilities, 1.81M devices, 113,000 personnel and 3.2M evidence items connected to Cardano.

→ Cuts down case resolution time by 30% using Cardano.

→ Generates revenue through PFMS’s evidence verification service.

→ 70% of verification revenue returned to the Treasury, 20% to core Cardano library maintenance & 10% to Trivolve Tech.

→ Open source core (Apache 2.0) as a public good, designed for reuse across the world.

The ask: ₳9,600,000 over 15 months.

Here’s how we’re doing it 👇🧵

WE ARE NOT BUILDING PFMS FOR A GOVERNMENT!

GOVERNMENT IS JUST THE FIRST USER!!

Hello Cardano,

Here’s PFMS explained in 4 minutes by our founder, Rahul.

00:26- PFMS is not being built for 1 single government

00:57- Sustained on chain usage

01:28- New money to the ecosystem

01:57- 1 Million+ new users onboarded

02:46- 10.4 Million ADA held cumulatively by users

03:27- Conclusion

Dear DRep’s and community, your vote will help in making this a reality.

Please vote.
Thank you. 🙏

We’ve discussed and covered a lot of ground on our proposal PFMS, including:

- How the success of FMS has opened doors for PFMS?

- Why a government should stick with Cardano?

- Why PFMS generates millions of transactions on Mainnet instead of batching them to reduce the transaction count?

- The real value PFMS generates beyond transactions?

- Why the government or any individual isn’t funding this?

We invite you to listen to our AMA session to gain a deeper understanding of PFMS and what it could mean for Cardano. 🙏

Thank you @Cardano_CF and @F_Gregaard for this opportunity to present PFMS and interact with our ecosystem.

Dear Cardano, tomorrow we talk GOVERNMENT SCALE! 🚀

Tomorrow at 2:00 PM UTC, join us for an AMA as we discuss how the success of FMS laid the foundation for the biggest government project ever on Cardano, PFMS.

This is about something much bigger. It’s about showing the world what Cardano can do when blockchain meets real world government infrastructure.

📢 Please set your reminders. We have a lot to share!

See you all tomorrow. 🙏