DHS awards small companies to explore blockchain

posted almost 6 years ago
In a bid to tap into the blockchain technology, the Department of Homeland Security’s Science and Technology Directorate (S&T) has awarded small businesses with the task of supporting identity verification.

Four small businesses have each been awarded $100,000 in preliminary funding through the DHS S&T Small Business Innovation Research (SBIR) program. The DHS revealed that the four companies involved are Digital Bazaar, Inc., Respect Network Corporation, Narf Industries, LLC, and Celerity Government Solutions, LLC.

As well as the initial $100,000 funding, each of the four companies are entitled to further funding based on the initial results they produce and its scientific and technical merit and perceived commercialization potential.
Tags: news, blockchain