Persistence is a network of sovereign chains hosting Open Finance dApps (Exchanges &
Marketplaces), which facilitate matching of entities with surplus capital (lenders) to entities that require capital (borrowers).

The sovereign nature of the chains allows customizations with respect to speed vs. security as well as address privacy considerations depending on the business requirements. Additionally, the architecture allows dApps to operate in isolation without being affected by increased transaction loads being experienced by other dApps on the chain – this becomes imperative in providing a smooth end user experience and match the expectations of institutional users.