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Nuclearis Launches RSK-based Solution to Track Nuclear Power Plant Supply Chain Buenos Aires, Argentina (September 1, 2020)

Nuclearis, an established engineering and manufacturing firm operating in the nuclear industry, has announced the launch of an RSK-powered on-chain solution to track documents related to the nuclear power plant supply chain. The solution is developed with the assistance and consultancy of IOV Labs, the company powering the Bitcoin-powered RSK blockchain and its Infrastructure Framework (RIF).

Headquartered in Buenos Aires but with commercial offices in both the United States and China, Nuclearis has already utilized the RSK mainnet to upload and authenticate documents from its first supplier. Future plans include open sourcing the framework so that other actors in the nuclear industry can take advantage.

The implementation of RSK will mean that hashed data pertaining to documents is created and uploaded to the blockchain, with Nuclearis able to verify that there have been no alterations between the time of dispatch and arrival. Document irregularities including falsification can have far-reaching effects in the industry, as demonstrated by the Le Creusot Forge foundry scandal.

The maintenance and construction of nuclear power plants, requires the production of millions of essential parts throughout the world. As stipulated by international authorities, suppliers must prepare hard copy paper documentation to guarantee the traceability of all data related to the production process. By utilizing RSK, this data – calibrations, material certificates, etc – cannot be forged after delivery. Nor can it be misplaced or modified. A foolproof layer of security is introduced, with nuclear power plant operators able to verify the authenticity of all documents.

“The ability to verify the authenticity of manufacturing documentation has enormous potential, not only in the nuclear industry but also in other high security fields that could benefit from such a tool,” said Nuclearis CTO, Sebastian Martinez. “We may ultimately see the first nuclear reactor built entirely with the help of this digital technology.”

At present, there are over 440 nuclear power plants operating around the world and 150 new reactors are set to be built over the next 30 years. Starting with this premise, Nuclearis is developing multiple protocols and services under a new term it calls “NuclearTech” to give trust back to the operators of nuclear power plants and other critical processes with help of blockchain technology.

Diego Gutierrez Zaldivar IOVlabs CEO commented: “The immutability and security that blockchain provides is of the most importance for the nuclear industry. We are very excited about Nuclearis' solution in that industry and thrilled they have chosen RSK blockchain and RSK Infrastructure Framework (RIF) technologies for its development.”

For more information, please visit: https://www.nuclearistrack.com/

About Nuclearis

Nuclearis develops automated production processes, devices and equipment for the nuclear industry. Founded in 2009 by Santiago Badran in his garage, the company focuses on providing nuclear power plants with precision mechanical components.

Based in Argentina with offices in the United States and China, Nuclearis and its team of highly experienced engineers are working with Argentina-based power plants Atucha I, Atucha II and Embalse. Nuclearis is also leading additional projects globally, which include mechanics, automation and control, nuclear power plant infrastructure and the development of special production processes.

For more information, please visit: https://www.nuclearis.com/

About IOV Labs

IOVlabs develops the blockchain technologies needed for a new global financial ecosystem; one that fosters opportunity, transparency, and trust. The organization currently develops the RSK Smart Contract Network, RSK Infrastructure Framework (RIF) and Taringa!’s platforms. The RSK Network is one of the more secure smart contract platforms in the world, designed to leverage Bitcoin’s unparalleled hash power while extending its capabilities. RSK Infrastructure Framework (RIF) is a suite of open and decentralized infrastructure protocols that enable faster, easier and scalable development of distributed applications (dApps) within a unified environment. Taringa is Latin America's largest Spanish speaking social network with 30 million users and 1,000 active online communities.

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