University of Notre Dame startup SIMBA Chain has announced it has been awarded a five-year Small Business Innovation Research (SBIR) Phase III contract (N68335-20-F-0012) from the Naval Air Warfare Center in San Diego, Cal., to deploy a secure, blockchain-based messaging and transaction platform, a critical need of the U.S. Department of Defense (DoD). The $9.5 million award is the first and one of the largest SBIR Phase III for blockchain.
The sole-source, non-compete SBIR Phase III contract is categorized as a Basic Ordering Agreement with a Delivery Order. SIMBA Chain has completed Phases of an earlier SBIR award, during which they created a model decentralized messaging and transaction platform mapped to DoD constructs and tested a working prototype. In Phase III, SIMBA Chain will focus on commercialization and full-scale implementation of the platform.
About SIMBA Chain, Inc.
SIMBA Chain was established in 2017 as the result of a grant awarded by the Defense Advanced Research Projects Agency to the University of Notre Dame Center for Research Computing and ITAMCO to develop a secure, unhackable messaging and transaction platform for the U.S. military. SIMBA Chain’s cloud-based, Smart Contract-as-a-service (SCaaS) platform enables users, developers, government, and enterprises to quickly develop and deploy blockchain dapps for iOS, Android, and the web. SIMBA Chain is a Venture Club Indy InnoShowcase19 winner, sponsored by Elevate Ventures, and is the recipient of TechPoint’s 2019 Mira Award for New Product of the Year and 1st Source Bank’s Commercialization Award. The platform supports Ethereum, Quorum, Stellar, RSK and is on the verge of adding more blockchain protocols such as, Quant Overledger, Hyperledger, Ripple, R3 Cord, and Libra to their cutting-edge platform.
Originally published by at ideacenter.nd.edu on February 06, 2020.