KRATE has signed a Memorandum of Understanding (MOU) with Saskatchewan Polytechnic.
Last month, CEO and Founder of KRATE Michael Thoreson signed a MOU with Kevin Rogers, the Acting Associate Vice-President of Polytechnic.
The two parties have agreed to work together to further the areas of blockchain, data as logistics, storage and security, as well as smart contracts.
Saskatchewan Polytechnic is a leading educational institution internationally known for its technical training and, delivering industry-responsive training, applied education and research.
Polytechnic will assist KRATE in identifying and developing new applied research that will further the advancement of the KRATE platform as well as the blockchain, storage and smart contract space as a whole.
Both faculty and staff will be working on these applied research projects as they are identified. The parties have agreed to involve the Departments of Computer Science of other post-secondary and research institutes across the province of Saskatchewan contingent on the results.
The MOU is effective immediately and will last for five years with a chance for another five year renewal at the end of the period if both parties agree.
Learn more about Saskatchewan Polytechnic – Applied Research and Innovation at https://saskpolytech.ca/about/applied-research-and-innovation/