US Department of Homeland Security taps five blockchain startups to reinforce anti-forgery and counterfeit prevention procedures
October 11, 2020, 11:20AM EDT
1 min read
The Science and Technology (S&T) Directorate, the research and development wing of the United States Department of Homeland Security, has given close to a million dollars to five blockchain startups.
The intent of these awards, totaling $817,712, aims to find standards-based technologies to help the Department of Homeland Security use blockchain to modernize operations. In recent years, the S&T Directorate has awarded funds to a range of startups working on new technology applications, including firms that work with distributed ledger tech.
The five startups are:
Mattr Limited. The firm intends to build digitally issued essential worker licenses for the U.S. Citizenship and Immigration Services.
Mesur.IO. The company will track toxins, pathogens and other hazards throughout the supply chain by retrofitting its existing technology.
SecureKey Technologies. The firm will to make a Social Security Number digital option, giving the holder full control.
Mavennet Systems, which seeks to digitally track natural gas shipments between the U.S. and Canada.
Spherity GmbH, which plans to digitally create a copy record of imported e-commerce packages.
Mattr Limited won the highest cash award, coming in at $200,000, while Mavennet won the smallest at $86,100.
S&T stated that it selected the five winners out of 80 applications from companies that competed for funding on the directorate’s June industry day, CoinDesk reports.