Grants and Contributions:

Title:

Green Youth - Development of a Blockchain distributed ledger for tracking carbon footprint in residential development and construction

Agreement Number:

906116

Agreement Value:

$20,000.00

Agreement Date:

Apr 9, 2018 - Jul 31, 2018

Description:

This project will be developed for real estate developers. Contacts in the real estate development industry have expressed an interest in the ability to track where their source materials come from in order to determine location, ethical sourcing, and most importantly the overall carbon footprint of the product sourcing. This coming from recent market trends that home buyers will factor environmental incentives into their purchasing decisions. Therefore to remain competitive it is crucial to have information about the overall carbon impact of the development of buildings and condos. This can best be achieved with the use of distributed digital ledgers in the form of a blockchain network._x000D_

Organization:

National Research Council Canada

Expected Results:

The purpose of IRAP’s Youth Employment Program - Green is to assist in increasing the supply of highly qualified people, promoting the benefits of advanced studies, demonstrating federal leadership by investing in the skills required to meet the needs of the green economy and facilitating the transition of highly skilled young people to a rapidly changing labour market.

Location:

Peterborough, Ontario, CA K9J 3H1

Reference Number:

172-2018-2019-Q1-906116

Agreement Type:

Contribution

Report Type:

Grants and Contributions

Recipient Business Number:

710655093

Recipient Type:

For-profit organization

Recipient's Legal Name:

KAVTEK Software Corp.

Federal Riding Name:

Peterborough--Kawartha

Federal Riding Number:

35084

Program:

Industrial Research Assistance Program – Green Youth Employment Program

Program Purpose:

Coverage:

Green projects stimulate wealth creation for Canada through technological innovation.

NAICS Code:

511211