National Research Council of Canada Builds an Explorer on the Blockchain of Ethereum (ETH)

The National Research Council of Canada recently announced that it had designed an Ethereum (ETH) blockchain explorer. In a press release, the organization said that its IRAP (Industrial Research Assistance Program) is now hosting the explorer which was built on the blockchain of Ethereum (ETH) on the IPFS (InterPlanetary File System) via services provided by a blockchain startup – Bitaccess.

The Use of the Explorer

The organization said using the InterPlanetary File System ensure web apps are both “unalterable and can be reached long into the future,” irrespective of whether the original host is offline or online. According to Bitaccess, the explorer lets users search the blockchain of Ethereum (ETH) for contribution data and proactively published grants.

NRC’s Statement

The National Research Council said that “these are early days, but the experiments of NRC IRAP with blockchain technology are to provide positive insight into the potential for this tech and how it might be used for more transparent and open operations for public programs.”

According to the press release, the Nation Research Council IRAP launched the first trial of public blockchain tech on the blockchain of Ethereum (ETH) for the Canadian government back in January, with the aim of building a more transparent and open administration of government contracts. Since its launch, the program has been exploring more applications in blockchain.

InterPlanetary File System is aimed at building a more permanent, stable web by storing data in multiple copies. It initially attracted international attention, as a lot of entities were concerned at that moment that the new administration in the United States would cause data from the government agencies to disappear.

Ethereum (ETH) Price Today – ETH / USD

NamePrice24H %
ethereum
Ethereum(ETH)
$407.08
-0.43%

At the time of writing, Ethereum (ETH) is trading at $275 after a decrease of about 5 percent over the past twenty-four hours. The current market cap of the digital currency is $27.99 billion and its trading volume over the past twenty-four hours is $1.40 billion.

Princess Ogono is a writer, lawyer and fitness enthusiast. She believes cryptocurrencies are the future. When she's not writing, she spends time with her adorable cat, Ginger and works out often.

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