SBIR/STTR Research Award
Hedera Hashgraph based Distributed Ledger for Aerospace Applications
Award amount
$124,403Program and phase
STTR · Phase IAward year
2020Award details
- Awarding agency
- National Aeronautics and Space Administration
- Branch
- Not reported
- Recipient company
- CTEN GLOBAL STRATEGIES, LLC
- Proposal award date
- 2020-08-28
- Contract end date
- 2021-09-30
- UEI
- C64AJD9V8DL7
- Solicitation number
- STTR_20_P1
- Topic code
- T11
Research abstract
CTEN Global Strategies, LLC, with a wealth of experience in aviation and business, focuses on investing in technology, and then looking for ways to implement that technology in the market place to bring solutions to truly challenging problems.nbsp;nbsp;A clear problem exists when teams of engineers are working to develop components of a complex system, from engine mounts, to an entire electrical grid for a satellite, or they are managing a collage of resources that must function as a highly efficient ecosystem.nbsp; They must be able to know with 100% certainty whatrsquo;s the correct version of a set of engineered drawings or what the current functional capacity of distributed resources might be at any given time.nbsp; They need one source of Truth.nbsp;The solution to these scenarios is in a technology that CTEN Global is invested in called, Hedera Hashgraph.nbsp; Hedera is a public distributed ledger technology (DLT) that solves all of the challenges and inefficiencies of the blockchain (commonly associated with Bitcoin and Ethereum).nbsp; Unlike blockchain, Hedera Hashgraph provides for transaction speeds up to 500,000 per second (with over 900,000 a day just in beta phase), the highest known level of security (Asynchronous Byzantine Fault Tolerance), and a world class governance council that includes Boeing, Google, and IBM, among others, as invested managing members.nbsp;nbsp;CTEN Global, and itrsquo;s exceptional partners and advisors, propose to meet the needs of NASA and future commercial clients by developing a Decentralized Application (Dapp) that provides a trust-worthy, robust, encrypted File Service Dapp and a Space Mission Mgmt. Dappnbsp;built on the Hedera Hashgraph distributed ledger network, providing enterprise level (1) Performance, (2) Security, (3) Governance, (4) Stability, and (5) Regulatory Compliance.nbsp;
Technology keywords
Not reported
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