The multi-million dollar award is designed to protect the Nation’s energy infrastructure from emerging cyber threats and enhance the reliability and resilience of the Nation’s critical energy infrastructure through innovative, scalable, and cost-effective research and development of cybersecurity solutions and operational capabilities.
Guardtime CTO Matthew Johnson said:
“We are excited with this multi-year effort with PNNL to realize the potential of our technology in context of some of our nation's most critical infrastructure protection challenges including the continuous cyber monitoring solutions to shrink incident response dwell times.”Randy Bishop, Infrastructure Protection Solutions at Guardtime said:
“Core to our production capabilities in blockchain include dynamic and aggregate utility service attestation. We are excited with these projects and aim to ensure providers have new robust tools - indeed a scalable platform to optimize their own service delivery schedules with more exact understanding in customer delivery, consumption, and incident remediation.”The DOE award is intended to address numerous challenges in modern Energy Delivery Systems with a goal to increase the trustworthiness, integrity, control and security as well as automating, monitoring and auditing of complex energy exchanges at the grid’s edge.
- Real time response to unauthorized attempts to change critical EDS data, configurations, applications, and network appliance and sensor infrastructure.
- Autonomous detection of data anomalies and reduces burden with normalized evidence across a unified timeline for incident analysis.
- A data exchange platform using smart contracts for the automated trading and settlement of contracts in the electricity production value chain.
Mike Gault CEO of Guardtime said:
“We are thrilled to work with PNNL to develop a cyber resilient energy transmission network. In order achieve grid modernization we need to secure the foundations of energy transmission and the integrity of edge devices. With Guardtime’s distributed and cryptographically sound integrity solutions combined with PNNL’s next generation transactional energy delivery infrastructure we enable next generation security and integrity while allowing for increased efficiency and reliability for both energy users and energy producers. Guardtime’s KSI blockchain represents a completely new approach, one that relies not on secrets but on the immutable verification of the supply chain of software, configurations that make up a network.”