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Canadian Government Awards Mavennet Contract for Blockchain-Based Steel Tracking Platform-2020 China(Guangzhou)Int’l Metal&nb
sp;& Metallurgy Exhibition-metal exhibition

3/2/2020  金属展-冶金展-钢铁展-steel expo-metal &metallurgy expo-
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    Blockchain firm Mavennet has secured a procurement contract from the government of Canada to develop an on-chain steel-tracking platform. In November, the startup was awarded CAD 182,700 by the Department of Homeland Security Science and Technology Directorate to address CBP needs for tracking cross-border oil imports using blockchain technology. In the same month, Mavennet was also awarded a CAD 169,427 contract by the Innovation, Science and Economic Development Canada, a Canadian government agency with a mandate of fostering a growing, competitive, and knowledge-based economy, CoinDesk reported.

The project, with a six-month duration, aims to create a novel application of a digital tracing system enabled by blockchain and artificial intelligence for the Canadian and possibly North American steel supply chain for business users and government. Accordingly, Mavennet will develop a blockchain proof-of-concept prototype that will allow tracking and sharing real-time data across the supply chain in the domestic steel industry.


Founded in 2018, Toronto-based Mavennet is a provider of private enterprise blockchain solutions that enable high transaction throughput and interoperability between multiple blockchain platforms. 金属展-冶金展-2020广州巨浪国际金属暨冶金工业展览会-亚洲最大金属冶金展-巨浪展览-2020 China(Guangzhou)Int’l Metal & Metallurgy Exhibition-metal exhibition -metal exhibition Metal exhibition, Metal expo, 2020 Metal exhibition, 2020 Metal expo, China Metal exhibition, China Metal expo, steel exhibition, steel expo, 2020 steel exhibition, 2020 steel expo, China steel exhibition, China steel expo
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