Plain Finance is developing a Real-World Assets Protocol that sets itself apart by embedding verifiable transparency into off-chain data and custodial processes using advanced cryptographic enforcement. This initiative directly addresses the prevalent issue in tokenised RWAs: the opacity surrounding the off-chain custody of assets. Despite blockchain's ability to transparently track on-chain asset ownership, off-chain assets are often managed by central entities in opaque, black-box operations, elevating investor concerns due to the increased reliance on trust within the data supply chain.
Originating from Usher Labs (https://www.usher.so), a firm innovating in verifiable data pipelines and applied zero-knowledge technology, Plain Finance aims to bridge the gap between tangible real-world assets and the blockchain's transparency. By ensuring off-chain asset custody is as transparent as the on-chain environment, we seek to mitigate trust assumptions and bolster investor confidence in the integrity of RWAs.
Plain Finance History
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applied to the Uniswap-Arbitrum Grant Program (UAGP) 1 year ago of which the application is still in a pending state