US Homeland Security awards $200K to blockchain startup for developing credential management solution

The U.S. Department of Homeland Security (DHS) has awarded nearly $200,000 to blockchain startup Digital Bazaar for building a credential management solution.

Announcing the news on Thursday, DHS said the current processes of issuing, validating and verifying a number of licenses and certifications are often paper-based, do not facilitate data exchange, and could be susceptible to loss, forgery and counterfeiting. Turning these processes digital using blockchain tech could help enhance security, ensure interoperability and prevent forgery and counterfeiting, it added.

Digital Bazaar, therefore, will work on a project called “Interoperable Enterprise Identity and Credential Life-cycle Management,” to help DHS improve its processes.

“Digital Bazaar building out the enterprise credential lifecycle management capabilities of their existing platform while utilizing emerging W3C [World Wide Web Consortium] global standards mitigates enterprise risk in supporting and utilizing these standards within and across organizations,” said Anil John, technical director of the department’s silicon valley innovation program.

Just last week, DHS awarded $182,700 to Canadian blockchain startup Mavennet Systems for developing a solution for its Customs and Border Protection unit to help it track oil and natural gas imports from Canada in “real-time.”

About Author

Yogita Khatri is a senior reporter at The Block and the author of The Funding newsletter. As our longest-serving editorial member, Yogita has been instrumental in breaking numerous stories, exclusives and scoops. With over 3,000 articles to her name, Yogita is The Block's most-published and most-read author of all time. Before joining The Block, Yogita wrote for CoinDesk and The Economic Times. You can reach her at [email protected] or follow her latest updates on X at @Yogita_Khatri5.

WHO WE ARE

The Block is a news provider that strives to be the first and final word on digital assets news, research, and data.

+ Follow us on Google News
Connect with the block on