Onespan to acquire blockchain technology provider provendb to bring secure vaulting to the future of digital transactions

Chicago--( business wire )--onespan inc. (nasdaq: ospn), the digital agreements security company, today announced that it has agreed to acquire provendb, an australia-based startup that delivers secure storage and vaulting for documents based on blockchain technology, to provide an industry-leading trust model for high assurance contracts and documents. provendb will extend the capabilities of onespan's transaction cloud platform to both public and private blockchains and serve as a modern technological foundation for high assurance business processes for web3.
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