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2208351

Project Grant

Overview

Grant Description
SBIR Phase I: Security Gateway Processing Software for an Inclusive Public-Facing, Limited-Purpose Destination System - The broader impact/commercial potential of this Small Business Innovation Research (SBIR) Phase I project is to help enable safe and inclusive internet interfaces with the worldwide public for limited purposes, starting with the purpose of providing a ledger system for digital currency.

The inclusive aspect of the internet interface allows intermediaries and the worldwide public to use varied mechanisms to send communications, as long as the communications received at the internet interface comply with the uniform format.

As an enabling technology for implementing digital currency, this project will reduce reliance on current mechanisms for cash transactions including automatic teller machines (ATMs), checks, and services that require fees for sending money.

This SBIR Phase I project proposes to enable a ledger system to operate without requiring the provider to rely on any particular intermediary, and conceivably to accept and safely process packets from unrecognized sources.

Two problems at the heart of this project are the lack of trust in giving third party institutions special access or privileges in interfacing with a digital currency ledger, and the need to increase access so individuals do not need a smartphone with a preapproved application in order to interface with the digital currency ledger.

The research objectives ensure that a specific format pushed out for a security gateway for a digital currency ledger can be inspected to ensure a variety of threats are not present.

The project will program different cores of a multicore processor with different security checks and synchronize performance of the security checks as a safety protocol that quickly and efficiently processes large volumes of packets for compliance with the required format.

This award reflects NSF's statutory mission and has been deemed worthy of support through evaluation using the Foundation's intellectual merit and broader impacts review criteria.
Awarding / Funding Agency
Place of Performance
Herndon, Virginia 20171-6163 United States
Geographic Scope
Single Zip Code
Related Opportunity
None
Analysis Notes
Amendment Since initial award the total obligations have decreased 50% from $512,000 to $256,000.
National Currency Technologies was awarded Project Grant 2208351 worth $256,000 from National Science Foundation in March 2023 with work to be completed primarily in Herndon Virginia United States. The grant has a duration of 1 year and was awarded through assistance program 47.084 NSF Technology, Innovation, and Partnerships.

SBIR Details

Research Type
SBIR Phase I
Title
SBIR Phase I:Security Gateway Processing Software for an Inclusive Public-Facing, Limited-Purpose Destination System
Abstract
The broader impact/commercial potential of this Small Business Innovation Research (SBIR) Phase I project is to help enable safe and inclusive internet interfaces with the worldwide public for limited purposes, starting with the purpose of providing a ledger system for digital currency. The inclusive aspect of the internet interface allows intermediaries and the worldwide public to use varied mechanisms to send communications, as long as the communications received at the internet interface comply with the uniform format. As an enabling technology for implementing digital currency, this project will reduce reliance on current mechanisms for cash transactions including automatic teller machines (ATMs), checks, and services that require fees for sending money._x000D_ _x000D_ This SBIR Phase I project proposes to enable a ledger system to operate without requiring the provider to rely on any particular intermediary, and conceivably to accept and safely process packets from unrecognized sources. Two problems at the heart of this project are the lack of trust in giving third party institutions special access or privileges in interfacing with a digital currency ledger, and the need to increase access so individuals do not need a smartphone with a preapproved application in order to interface with the digital currency ledger. The research objectives ensure that a specific format pushed out for a security gateway for a digital currency ledger can be inspected to ensure a variety of threats are not present. The project will program different cores of a multicore processor with different security checks and synchronize performance of the security checks as a safety protocol that quickly and efficiently processes large volumes of packets for compliance with the required format._x000D_ _x000D_ This award reflects NSF's statutory mission and has been deemed worthy of support through evaluation using the Foundation's intellectual merit and broader impacts review criteria.
Topic Code
DL
Solicitation Number
NSF 21-562

Status
(Ongoing)

Last Modified 3/21/23

Period of Performance
3/15/23
Start Date
2/29/24
End Date
98.0% Complete

Funding Split
$256.0K
Federal Obligation
$0.0
Non-Federal Obligation
$256.0K
Total Obligated
100.0% Federal Funding
0.0% Non-Federal Funding

Activity Timeline

Interactive chart of timeline of amendments to 2208351

Additional Detail

Award ID FAIN
2208351
SAI Number
None
Award ID URI
SAI EXEMPT
Awardee Classifications
Small Business
Awarding Office
491503 TRANSLATIONAL IMPACTS
Funding Office
491503 TRANSLATIONAL IMPACTS
Awardee UEI
QC7HTMXTA1G3
Awardee CAGE
95PK8
Performance District
Not Applicable

Budget Funding

Federal Account Budget Subfunction Object Class Total Percentage
Research and Related Activities, National Science Foundation (049-0100) General science and basic research Grants, subsidies, and contributions (41.0) $256,000 100%
Modified: 3/21/23