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Catenae Innovation teams up with Newcastle Premier Health on Cov-ID project

Cov-ID is a GDPR compliant identity documentation exchange system

Catenae Innovation PLC -

Catenae Innovation PLC (LON:CTEA) has teamed up with north-east occupational health and wellness business, Newcastle Premier Health, which will provide its know-how to the group's Cov-ID project.

Cov-ID is GDPR compliant identity documentation exchange system to record an individual's coronavirus (COVID-19) test status through a mobile app that is intended to be marketed to businesses and organisations.

The project is a joint initiative by a consortium of companies led by the Z/Yen Group.

Earlier this month, Catenae said it had begun trialling and finalising the app having created a prototype.

It 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.

Quick facts: Catenae Innovation PLC

Price: 4.5525 GBX

Market: AIM
Market Cap: £10.32 m

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