Trivolve Explains PFMS Revenue Model and Cardano NFT Evidence Certificates

Trivolve Tech founder and CEO Rahul Konudula has outlined how the proposed Police Force Management System, or PFMS, would generate verification revenue and issue evidence certificates on Cardano. During Governance Hour, he addressed questions about Treasury funding, the assumptions behind the project's adoption forecasts, and its proposed first deployment in India's Telangana state. The discussion added details to a 9.6 million ADA funding request covering development and deployment over 15 months.

PFMS Would Connect Five Stages of Police Evidence Handling

Speaking with Cardano Foundation Governance Lead Nicolas Cerny, Konudula described PFMS as reusable, open-source infrastructure, with Telangana as its first user. That distinction formed his response to a central funding question: why Cardano's Treasury should finance development when a government would use the system. Under the proposed arrangement, Treasury funding would support the shared software, while the state would cover deployment infrastructure, maintenance, and transaction costs.

PFMS would connect records across five stages: pre-crime evidence collection, investigation, evidence storage, prosecution, and court proceedings. Its scope includes surveillance recordings, laboratory reports, investigative documents, and records of physical evidence transfers. The system would operate alongside existing institutional software rather than replace it.

Original files and personal information would remain within institutional systems. Cardano would hold cryptographic fingerprints and associated verification records, allowing an authorized party to compare a file with its registered version. A modified recording or document would produce a different fingerprint. This establishes whether the checked content matches the registered record; it does not independently establish whether the original evidence was truthful or lawfully collected.

Konudula presented faster evidence verification as a potential contribution to shorter proceedings. Based on the team's analysis of historical government records, he estimated that average case duration could fall from approximately 7.5 years to five years. That figure describes the team's expected impact, rather than a measured outcome from a completed PFMS deployment in Telangana.

Paid Verification Would Support Treasury Revenue

Alongside the activity generated by registering records, Trivolve plans an optional paid service for expedited verification. Konudula explained that charges would depend on the amount and scope of information requested. He cited approximately $1.89 for a small request and $100 to $200 for some requests covering an entire evidence chain. The financial model uses an average charge of $3.60 per verification.

The model starts with an annual average of 290,000 cases over a ten-year period. Asked why that exceeded a figure of approximately 228,000 cases cited for a previous year, Konudula explained that the larger number represents a projected average across the future period. The team assumes paid verification would be used in 20% of cases, compared with approximately 40% that it identified as involving demand for verification in its historical analysis.

Konudula projects approximately $628,000 in annual verification revenue, based on an estimated 58,000 participating cases per year, an average charge of $3.60, and three verification requests over each case's lifetime. The estimate combines annual case intake with demand extending across the life of a case. Revenue received in a particular year would therefore depend on when those requests occur, as well as how many parties use the optional service.

The proposed allocation directs 70% of verification revenue to Cardano's Treasury, 20% to maintenance of core Cardano libraries, and 10% to Trivolve Tech. State-funded transaction costs are separate from that verification revenue. Konudula also stated that the same allocation would apply to future deployments and that Treasury payments would have no cumulative cap after which the revenue-sharing arrangement would end.

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Certificate Wallets and Conditions for the First Deployment

Konudula described a verification process that would issue an evidence certificate as a Cardano NFT. The service would automatically create a noncustodial wallet for the requesting party and deliver the certificate there. He identified CIP-25 as the intended NFT metadata standard. For the recipient, the proposed product would be a digital evidence certificate, with blockchain records supporting its verification.

The team's wallet forecast assumes two parties per case. Applied to approximately 58,000 cases annually, that produces an estimate of 116,000 wallets per year, or 1.16 million over ten years. Konudula presented these figures as the project's potential reach. They are projections of wallet creation based on participation in cases, rather than an observed count of unique users.

For the initial deployment, Konudula reported a signed agreement covering at least ten years of use. That period underpins the revenue and wallet forecasts presented in the discussion. He also reported expressions of interest from two other state governments, without announcing additional contracted deployments.

The transaction forecast starts at approximately 1.5 million Cardano mainnet transactions annually, with growth tied to adoption. Near the end of the discussion, Konudula stated that Trivolve intends to include the transaction commitment in the administrator contract. That announced intention is separate from the agreement he described for the first government's use of the system.

The Cardano Foundation is the proposal's named administrator. At the opening of the program, Cerny disclosed that role and explained that appearing on Governance Hour does not itself constitute an endorsement by him or the Foundation.

The funding plan provides five payments over 15 months: an initial 1.8 million ADA, three installments of two million ADA, and a final 1.8 million ADA. Payments after the initial tranche would require verification of the corresponding deliverables by the administrator and an independent assessor. The final installment would depend on demonstrated sustained use, with unspent funds returned to the Treasury.