Cardano Foundation, EMURGO and Yoroi Back 9.6M ADA Police System Proposal

Cardano Foundation, EMURGO and Yoroi don support Trivolve Tech request for 9.6 million ADA to build the Police Force Management System, wey dem dey call PFMS.

Di vote from dem don increase support for di proposal, but none of di two approval threshold don reach yet.

Three Major DReps Support the Telangana Deployment

PFMS go use Cardano to create verifiable records across five stages of di criminal justice process, including investigations, evidence storage, prosecution and court proceedings. Di first deployment wey dem propose go serve di Indian state of Telangana.

Di Cardano Foundation support di withdrawal with approximately 144.6 million ADA as voting power. Dem describe PFMS as opportunity to build public sector partnership and make Cardano dey inside key processes for Telangana criminal justice system.

Di Foundation highlight Trivolve Tech existing Forensic Management System, di reusable open source software wey dem plan under di proposal and di state commitment to cover transaction fees, infrastructure and maintenance after launch.

EMURGO add approximately 212.2 million ADA support. For dia rationale, dem identify di project as strategic institutional deployment and point to di projected network activity, milestone based funding and proposed revenue return.

Yoroi support PFMS with approximately 398.2 million ADA. Dia decision focus on Trivolve Tech track record, di plan to use Cardano for public sector evidence records and oversight of di funding process.

Di Cardano Foundation disclose say e be co author of di proposal and e go act as administrator. Di 9.6 million ADA budget include 200,000 ADA for di Foundation administration expenses and taxes.

YUTA Questions the Economic Return

YUTA oppose di proposal with approximately 479.6 million ADA as voting power, making am di biggest individual voter for di action.

Dia rationale dey question whether di projected network activity and verification revenue fit justify di withdrawal wey dem request. Trivolve Tech forecast approximately 1.53 million mainnet transactions during di first year, with Telangana covering di blockchain fees wey follow.

YUTA compare di forecast with Trivolve Tech existing Forensic Management System. According to dia analysis, di earlier deployment dey generate approximately 150,000 transactions per year, wey low pass di adoption wey dem project for dia Catalyst proposal.

Di DRep still argue say transaction totals fit depend on how dem divide and bundle evidence records. Because di police information wey dey under di system na confidential, outside observers no fit directly link individual on chain entries to specific cases or institutional activity.

Other DReps wey oppose, including HOSKY and Dori, recognize di potential value of open source infrastructure and government adoption but dem dey question whether Cardano Treasury suppose finance di full development cost of system wey di first operational beneficiary na state government.

Di proposal assign development costs to di Treasury, while Telangana go fund infrastructure, maintenance and transaction fees after deployment. Revenue from optional paid verification service go divide between Cardano Treasury at 70%, core Cardano library maintenance at 20% and Trivolve Tech at 10%.

[NEWSBREAK]

PFMS Remains Below Both Approval Thresholds

As of November 2, di tally record 28 DReps wey vote Yes, 32 wey vote No and six wey abstain. Di Yes side hold 21.4% of di counted DRep voting power, compared with di required 67%.

Voting power wey dem delegate to DReps wey never vote still remain inside di calculation and e dey reduce di Yes share, while explicit Abstain votes no dey counted. Stake pool operators no dey vote for this category of Treasury withdrawal.

PFMS still need approval from di Constitutional Committee. One out of di seven members don vote in favor, while at least five Yes votes dem require.

If dem approve am, di withdrawal go dey managed through five tranches over 15 months. Di Cardano Foundation and independent assessor go verify milestone delivery before dem release later payments. Expenditure get cap for defined dollar value per ADA, with unused funds and amounts wey pass di cap scheduled to return to di Treasury.

Di governance action still open, and additional votes fit change di result. For di November 2 snapshot, neither di DRep threshold nor di Constitutional Committee threshold don reach, and no Treasury withdrawal don approve.