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Government of Canada Invests in Tracing Steel Supply Chain-The 21st China(Guangzhou)Int'l Stainless Steel Industry Exhibition
3/2/2020 - Stainless Steel Exhibition |
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The Government of Canada is committed to improving the traceability of steel in the Canadian supply chain to increase firm efficiency, ensure responsible sourcing of materials, and verify domestic content requirements when needed. Minister of Innovation, Science and Industry Mr Navdeep Bains announced that two Canadian companies will develop a proof of concept for a digital tracing system enabled by blockchain and artificial intelligence for the Canadian, and possibly North American, steel supply chain. This digital tool seeks to capture activities across the steel supply chain to provide government and industry users with better information on supply and demand, origin, and the quality of inputs and outputs.
Peer Ledger Inc based in Halifax in Nova Scotia and Mavennet Systems Inc based in Toronto in Ontario, will each receive an investment of up to CAD 150,000 through Innovative Solutions Canada, a program that invites Canadian small businesses to develop innovative solutions to address government challenges. The funding will support research and development activities to build a prototype specific to the steel supply chain. If selected to continue to the program''s next stage, one of the two companies could receive up to CAD 1 million over two years to refine its prototype.
Innovative Solutions Canada is a key component of the government''s Innovation and Skills Plan, a multi-year strategy to create good middle-class jobs.
不銹鋼展-2020第二十一屆廣州國際不銹鋼工業展-效果最好的不銹鋼展會-The 21st China(Guangzhou)Int''l Stainless Steel Industry Exhibition
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