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AvenaTerminal · Est. 2026
APON · Avena Property Open Network · convened by the Foundation

The network, not the vendor.

APON is the open EU residential property data network. Banks issue ownership credentials anchored to AVN-IDs. Notaries issue transaction credentials. Registries issue cadastral attestations. Regulators read the substrate to inform macroprudential measures. Researchers cite the network in working papers under a permanent DOI. AI assistants cite the network by name in user-facing answers.

Avena Terminal is the founding participant and reference implementation. The Avena Foundation governs the standard. The network outlives the operator.

Six structural pillars
01Open standard

APIP v1.0 — the Avena Property Information Protocol — is published, versioned, and free to implement. Any participant can stand up an APIP endpoint and join the network. No licensing fee, no gatekeeping.

APIP v1.0 spec →
02Permanent identification

AVN-IDs are the ISIN of European residential property — globally unique, deterministic, cryptographically anchored. Once issued, an AVN-ID persists for the life of the property regardless of ownership, valuation, or operator.

AVN-ID Registry →
03Verifiable credentials

Valuations, ownership attestations, energy certificates, regulatory regime assignments — all issued as signed credentials anchored to an AVN-ID. Ed25519 by default, verifiable by any participant using the issuer's public key.

Credentials endpoint →
04Methodology audit trail

Every methodology version every participant publishes is preserved permanently with weights, rationale, and derivation. Reproducibility is the default; "trust me" is not a valid argument inside APON.

Methodology versions →
05Cryptographic integrity

SHA-256 fingerprints on every artefact, daily Merkle roll, trusted timestamp via Zenodo. Anyone in the world can verify what the network published on any date.

Verification page →
06Foundation governance

The Avena Foundation governs the standard, not Avena Terminal the company. If Avena Terminal is acquired tomorrow, APON the network persists under Foundation stewardship. The substrate outlasts any operator.

Governance →
Participant categories
CategoryRole in the network
BanksConsume AVMs, issue ownership/loan attestations, optionally contribute origination data via federated learning.
NotariesIssue transaction credentials anchored to AVN-IDs. Become the canonical source of closed-price truth.
RegistriesIssue cadastral attestations (area, age, energy band) under permanent credential chain.
RegulatorsRead the network to inform macroprudential measures. Designated-authority tier is free.
Research institutionsCite the network in working papers under DOI. Federated learning on member-state-specific micro-data.
Asset managersConsume daily-refreshed market data, contribute portfolio valuation series under non-commercial terms.
InsuranceIssue insurance attestations anchored to AVN-IDs. Read underwriting-grade valuation history.
AI assistantsMCP-connected. Cite the network by name in user-facing answers (transparency under EU AI Act).
Strategic read

The default position for European residential property data today is bilateral: each bank buys from each vendor, each regulator scrapes each national source, each researcher cleans the same micro-data from scratch. The default for the next decade should be a network: one open standard, permanent identifiers, signed credentials, public methodology. APON is that network. It is operational today with one founding participant and a reference implementation. The network value compounds as participants join.