Canadian authorities fund two blockchain companies to track steel industry

The Canadian Agency for Innovation, Science and Financial Development (ISED) has approved funding of $ 150,000 for two blockchain companies, Peer Ledger and Mavennet, to create a platform that can trace steel. Peer Ledger and Mavennet will use blockchain technology and artificial intelligence to develop a proof-of-concept (PoC) prototype for digital traceability throughout the steel supply chain process.