This Project Grant award from the National Science Foundation (NSF) Technology, Innovation, and Partnerships (TIP) program (CFDA 47.084) provides $274,193 to Knox Networks, Inc. to research and develop a novel tokenization approach for file-based digital assets (FBDAs). The project aims to create a production-ready FBDA product that improves upon existing distributed ledger and database technologies in scalability, interoperability, privacy, and programmability. The technology has potential commercial applications for facilitating faster, more transparent, and more reliable payments and securities settlements for domestic and international financial institutions. The Phase I project will include testing different FBDA architectural designs in a sandbox environment, modeling financial instruments for tokenization, and gathering customer feedback from financial institutions prior to commercialization.
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