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Proveniq Home
Digitizing the physical world — the consumer entry point
Product Overview
Proveniq Home is the consumer-facing mobile application that serves as the entry point for digitizing physical assets. It transforms how individuals catalog, protect, and leverage their possessions.
Core Features
| Feature | Description |
|---|---|
| Smart Inventory | AI-powered cataloging with automatic item recognition |
| Valuation Engine | Real-time market pricing for all registered assets |
| Document Vault | Secure storage for receipts, certificates, and appraisals |
| Insurance Integration | One-tap policy updates and claim initiation |
| Family Sharing | Multi-user access for household asset management |
User Journey
1. Onboarding
Users download the app and create a verified identity through:
- Email/phone verification
- Optional KYC for premium features
- Biometric authentication setup
2. Asset Registration
Adding items is frictionless:
- Photo Capture — AI identifies item category, brand, and model
- Receipt Scan — OCR extracts purchase details automatically
- Manual Entry — Detailed forms for custom items
3. Verification Upgrade
For high-value items, users can upgrade to hardware-verified status:
- Schedule a Locker verification session
- Attach a SmartTag for continuous monitoring
- Receive immutable Ledger certification
4. Value Unlocking
Once verified, assets become liquid:
- Insurance — Accurate coverage with ClaimsIQ integration
- Lending — Use as collateral through Capital
- Sale — List on Bids marketplace
Technical Architecture
Mobile Stack
- iOS — Swift/SwiftUI with Core ML for on-device inference
- Android — Kotlin with ML Kit integration
- Cross-platform — React Native for rapid feature deployment
Backend Integration
Home communicates with Core via:
- RESTful APIs for CRUD operations
- WebSocket connections for real-time updates
- Push notifications for alerts and reminders
Offline Capability
- Local SQLite database for offline access
- Background sync when connectivity restored
- Conflict resolution for multi-device scenarios
Business Metrics
User Acquisition
| Metric | Target |
|---|---|
| CAC (Customer Acquisition Cost) | < $25 |
| Activation Rate | > 60% |
| D7 Retention | > 40% |
| D30 Retention | > 25% |
Engagement
| Metric | Target |
|---|---|
| Items per User | > 15 |
| Monthly Active Users | > 50% of registered |
| Verification Conversion | > 10% of items |
Monetization
- Freemium Model — Basic inventory free, premium features paid
- Verification Fees — Revenue share on Locker/SmartTag upgrades
- Transaction Fees — Percentage of Bids sales and Capital loans
Roadmap
Phase 1: Foundation (Current)
- Core inventory management
- Basic valuation
- Insurance document storage
Phase 2: Intelligence
- AI-powered categorization
- Predictive valuation
- Maintenance reminders
Phase 3: Ecosystem
- Full Locker/SmartTag integration
- Bids marketplace access
- Capital lending portal