viewCatenae Innovation PLC

Catenae Innovation confirms it has built 'operational prototype' of Cov-ID coronavirus test information app

The firm is working with a consortium of companies led by the Z/Yen Group to develop a product that will be marketed to businesses and “other organisations”

Catenae Innovation PLC -
The app can be used on any smartphone

Catenae Innovation PLC (LON:CTEA) has confirmed it has built an operational prototype of a breakthrough phone app that can store and share coronavirus (COVID-19) test information.

It is expected that Cov-ID, a GDPR-compliant identity documentation exchange system, will enter the testing and finalisation phase of its development by May 18.

Catenae is working with a consortium of companies led by the Z/Yen Group to develop a product that will be marketed to businesses and “other organisations”.

The company has repurposed its existing blockchain technology to help create the prototype, which will sit on top of ChainZy, a platform that can handle 23bn internet transactions in 24 hours.

In a statement, Catenae's interim chief executive, Guy Meyer said: "We are pleased to have completed the first phase of the technical development of the Cov-ID software and to have an operational prototype that is ready to be tested. 

“The software can play a role in mitigating risk to business continuity and building resilience for organisations. We are on track with the project and look forward to keeping the market updated with further progress.”

This breakthrough by British researchers means that by June there could be a reliable test that tells us whether we have developed immunity to coronavirus. Reports last weekend suggested the UK government was ready to order 50mln of these lateral flow kits.

Advances such as the smartphone-based solution from the Z/Yen and Catenae consortium could be crucial to this progressive lifting of lockdown.

The software would allow users to share health details with whomever they wish, including employers and health officials.

“Any person who elects to share their information can use our technology to put their status in our secure application,” Meyer had said in a statement earlier this week. “Our solution mitigates risk to business continuity and builds resilience for organisations.”

Quick facts: Catenae Innovation PLC


Price: 0.875 GBX

Market Cap: £2.46 m

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events


The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of named herein, including the promotion by the Company of in any Content on the Site, the Company receives from said issuer annual cash...


Catenae Innovation wins order from SaxaVord UK Space Port on Shetland

Catenae Innovation PLC (AIM:CTEA, FRA:NZS0) (AIM:CTEA, FRA:NZS0) chief executive Guy Meyer catches up Proactive after winning a contract from Shetland Space Centre, the satellite launch site and ground station on Britain’s most northerly island, as part of its renaming as SaxaVord UK Space...

on 9/8/21

2 min read