THE PROVENANCE CHAIN NETWORK INC — Department of Defense SBIR Phase I: AF203-CSO2
THE PROVENANCE CHAIN NETWORK INC — SBIR Phase I award from Department of Defense.
- Amount
- $49,970
- Agency
- Department of Defense · Air Force
- Program / Phase
- SBIR · Phase I
- Topic
- AF203-CSO2
- Solicitation
- X20.3
- NAICS
- —
- Place of performance
- OR
- Period
- 2021-04-15 → 2021-07-15
Description
The Provenance Chain Network (PCN) is a permissioned blockchain technology platform that optimizes material traceability, documenting and cataloging material origin stories as they are written, creating an immutable record of supply chain activity, and enabling businesses to incentivize best practices among their suppliers. The USSF is facing an aggressive adversary in the counterfeit materials market. As the number of innovative companies in the U.S. continue to grow and critical manufacturing capabilities continue to migrate offshore, the DoD risks total loss of visibility into numerous supply chains. Warfighters deserve tools with validated origin stories. Without total transparency in our supply chain, we cannot deliver this level of mission assurance to our warfighters. Resiliency of space assets depends on the resiliency of their supply chains, and a resilient supply chain demands transparency. PCN harnesses the power of permissioned blockchain technology to bring resiliency and transparency to the supply chain. PCN combats loss of visibility in DoD supply chains by realizing the full potential of the digital supply chain. PCN enables manufacturers, transporters, integrators and processors to capture and share their products’ origin and custody stories with customers and regulators while measuring, incenting, and verifying ideal behaviors within their supply chains.