SBIR/STTR Research Award

Hedera Hashgraph based Distributed Ledger for Aerospace Applications

Award identifier e33ac98cb1a8b31d9a50f8a24b43454cd6c20c188d533a80bdda2aa613067c98Awarding agency National Aeronautics and Space Administration

Award amount

$124,403

Program and phase

STTR · Phase I

Award year

2020

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Award 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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Agency intelligence

National Aeronautics and Space Administration

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