Draft:Neoflow

Neoflow
Neoflow is a Canadian startup for digital traceability of energy commodities via verifiable digital credentials.

The platform is often used for the following:


 * 1) Events Digitization: Neoflow digitizes specific physical events in the energy commodity lifecycle, such as events, attributes, ownership, custody, origin, and location. These events are represented as Verifiable Credentials, which represent information found in physical credentials.
 * 2) Proof of Origin & Composition: Neoflow's technology tracks the digital history of an energy asset, attested by value chain participants.
 * 3) Certificate of Origin: The certificate includes detailed product attributes, such as HS code, physical and chemical specifications, volume, and commodity type. It outlines the product's composition from previous transformation event.

Products

 * 1) Border Clearance: The platform facilitates secure data exchange among stakeholders using a standards-based protocol and consortium blockchain for transparent and cross-border transactions.
 * 2) Environmental Footprint: Data exchange and communication for value chain transactions, which includes automated settlement and audit of commercial transactions related to energy commodities.
 * 3) Pipeline Optimization: The platform provides Oil & Gas schedulers with algorithmic-based calculations for optimizing the movement of Oil & Gas.

Recent Developments
==== Contract with US Department of Homeland Security (DHS) ==== Neoflow secured a Phase 4 contract in October 2023 to digitally trace natural gas and crude oil transit from Canada to the United States.

==== Integration with U.S. Customs and Border Protection (CBP) ==== Demonstrated its Crude Oil Platform in September 2023 alongside the Department of Homeland Security's Science and Technology Directorate and 13 Oil Industry Companies.

Security Compliance
Adheres to compliance standards, including SOC 2 Type 1 and Type 2 certifications, as well as Red Team Attestations conducted by Assured Information Security in 2022 and 2023.