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Transmute

Raise the Standard.
Austin

About Transmute

Transmute empowers enterprises across industries with authentic data and traceable insights. Transmute Verifiable Data Platform (VDP) transforms digitized and paper documents into secure, interoperable, context rich data that streamlines regulatory compliance and maximizes business agility. Leveraging Decentralized Identifiers (DIDs), Verifiable Credentials (VCs), and Linked Data, Transmute VDP addresses the key global trade issues of identity, trust, and meaning by providing enhanced security and unprecedented visibility into supply chain transactions.

Team

Problem statement

Even with the rise of technology and e-commerce, supply chains today remain impeded by massive amounts of manual administration. Less than 1% of trade documents are fully digitized, and the disparate solutions [like pdfs and EDI data] have resulted in recreating or exacerbating data silos amongst supply chain participants. Transmute Verifiable Data Platform (VDP) transforms digitized and paper documents into secure, interoperable, context rich data that streamlines regulatory compliance and maximizes business agility. Built atop open standards, Transmute VDP leverages Decentralized Identifiers (DIDs), Verifiable Credentials (VCs), and Linked Data to address the key global trade issues of identity, trust, and meaning by providing enhanced security and unprecedented visibility into supply chain transactions.

Traction information

Currently, Transmute's Verifiable Data Platform is being actively tested by users in commercial pilots with enterprises [like CANACERO and Microsoft] that span the supply chain, most notably in the steel, microelectronics and e-commerce industries. We expect traction to grow with importers, logistics enterprises, and information technology firms both commercial and government.

US Dept of Homeland Security SVIP + US Customs and Border Protection have been a paying customer of Transmute since 2019. Transmute is under an active Phase 5 contract to apply their product's use of DIDs, VCs, and Linked Data technologies to the importation of steel and e-commerce goods into the United States.

GS1, the leader in product identification today, contracted Transmute to test their tech in creating efficiencies in new product information. The result showed that by using Transmute's Verifiable Data Platform to combine GS1 Digital Link, Decentralized Identifiers, and Verifiable Credentials, we can build a trusted data ecosystem around GS1 identifiers. This ecosystem enables brands, retailers, and consumers to discover data, assimilate it from multiple sources, and validate its authenticity. Most importantly, that trust can be passed on to customers and partners.

Milestones

September 2024

Government Grant Received

Transmute received $198,072.10 from OPM

December 2023

Government Grant Received

Transmute received $199,938.88 from OPM

December 2022

Government Grant Received

Transmute received $399,631.78 from OPM

August 2021

Government Grant Received

Transmute received $499,701.51 from OPM

August 2020

Government Grant Received

Transmute received $198,587.09 from OPM

November 2019

Government Grant Received

Transmute received $198,642.37 from OPM

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Government grants

AgencyTotal Amount
OPM$1,694,573.73
Total$1,694,573.73
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