cred: https://globalnews.ca/
Ethereum
The Ethereum platform even comes complete with its own programming language, allowing developers to build applications and services that use its blockchain. The Catena Blockchain Suite, built by Ottawa-based company Bitaccess, is one such application.
How is the NRC using the Ethereum blockchain?
Every time the NRC gives a grant to a company or individual, it shares that information with Bitaccess, which stores the data on the secure and tamper-proof Ethereum blockchain. Individual grant information is then posted online.
Canadians can peruse grant information by monetary value, date, recipient and region. They can also verify grant information by clicking on the Transaction ID link, which takes them to the unique transaction listing on the online Ethereum transaction database Etherscan.io.
As of Saturday, Jan. 20, the biggest grant listed on the database was an $11,849,901 contribution to an industry R&D project at Ryerson University.
The initiative should come as music to the ears of Ethereum’s 23-year-old Russian-Canadian inventor Vitalik Buterin.While much of the talk surrounding the rise of cryptocurrencies has centred on their profit-making potential (the value of the Ether token has risen by over 10,000 per cent in the last one year), Buterin, who invented Ethereum in 2015 aged 19, has been keen to stress the larger mission behind the technology — his website and Twitter timeline frequently refer to the use of Ethereum to distribute power and trust among the masses, rather than focus them on traditional power brokers such as government and banks.
full article: https://globalnews.ca/news/3977745/ethereum-blockchain-canada-nrc/