Preczn proposes to use its resilipay technology during this phase i project to tackle the critical challenge of creating a secure and scalable payment platform by innovatively integrating advanced…
Ended Cooperative Agreement Awarded Last action
- Award ID
- 70NANB25H068
- Recipient
-
Preczn Inc. UEI V68LYPAV7CN9
- Awarding agency
-
National Institute of Standards and Technology
Department of Commerce
- Obligated
- $0
Award facts
- Assistance listing
- 11.620 Science, Technology, Business and/or Education Outreach
- Completion date
- Place of performance
- Lewisville, TX 75056, USA
Award details come from USAspending.gov.
Description
- Activities
- Activities to be performed include: developing and testing, validation, testing, perform market and feasibility analysis, and addressing regulatory compliance.
- Expected outcomes
- Expected outcomes for this phase i project focuses on validating the research solution's feasibility, address key technological uncertainties, and optimize the architecture for commercial readiness. The work aligns with NIST's mission by fostering secure, transformative technologies that enhance economic resilience and financial system trust.intended beneficiaries include: global digital payments market, financial institutions, e-commerce platforms, government agencies.
- Subrecipient activities
- The recipient does not intend to subaward funds.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Amendment | -$100,000 | |
| Original award | $100,000 |
Quick answers
Who received award 70NANB25H068?
70NANB25H068 was awarded to Preczn Inc. by National Institute of Standards and Technology (Department of Commerce) on August 1, 2025.
How much is award 70NANB25H068 worth?
$0 has been obligated on 70NANB25H068.
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