Perhaps because the story features blockchain, chain-type metaphors about links and their strength come a little too easily when telling it. But they just work so well 鈥 what Deanne and Ash Bassili have created does resemble a chain 鈥 a series of strong separate links, each firmly connected to its predecessor. And it鈥檚 that piece-by-piece building that has enabled them to take their startup, myLaminin, from incorporation to the point where it may just be ready to take off.
They added the latest link to this chain in early December. , brainchild of F茅d茅ration des caisses Desjardins du Qu茅bec, is Canada鈥檚 largest open innovation contest. Held annually, and currently virtually, it brings together hundreds of teams to compete in a variety of challenges, ranging from developing ideas to reduce people鈥檚 carbon footprints to boosting the use of public transit in a post-pandemic world. myLaminin was successful in responding to one contest from international consulting firm Deloitte. The challenge? Come up with the best third-party risk management solution 鈥 in layman鈥檚 terms, a way organizations and governments can safely and securely share the results of cybersecurity controls and methods, but in a manner that keeps them anonymous. Deloitte believes there鈥檚 a potential path to success by customizing myLaminin, based on third-party cyber risk management requirements, and offering this to a large pool of businesses.
Blockchain is talked about largely in conjunction with crypto currencies such as bitcoin, and most of us have little idea of what it actually means. Ash explains it. 鈥淏lockchain is just another data base,鈥 but while more conventional databases allow you to do four actions -- create the database, read, change or delete records -- blockchain allows you to perform just two: create and read a database.
鈥淏ut if I can鈥檛 change a record, how can I update it?鈥 says Ash. 鈥淲hat blockchain does when you create a record, it鈥檚 called a block. I can鈥檛 update that physically, but I can add another record, or block, and link or chain that block to its predecessor.鈥 Nothing ever changes, nothing is ever lost. Based on cyber-security technology, blockchain is an inherently safe system where all the blocks within a chain are validated and agreed on by consensus. That includes not just cryptocurrencies but more conventional documents, too -- anything from transcripts to professional certifications to the pictures that we take of our passport, credit card and so on that we share and hope 鈥 hope 鈥 won鈥檛 wind up in the wrong hands thanks to a data breach. Deloitte has a global client base and has the responsibility of sharing important client information with confidentiality. 鈥淭hey saw the value of having a secure way to deliver those reports and findings,鈥 says Ash. More they saw it as a way of building 鈥渁n exchange-like paradigm鈥 a secure network 鈥渢hat would facilitate sharing and cooperation amongst network participants to prevent cyber-attacks.鈥
It's not even a year since Ash and Deanne created myLaminin (laminins are proteins that bind our cells and organs together, another apt metaphor), with the express goal of creating a system that would allow organizations and people to share documents more safely than they can now. Both have extensive management consulting experience working in public- and private-sector organizations, part of the spur behind creating myLaminin. Incorporated in January 2021, they set up in Kingston (Ash is a graduate of ) hoping to tap into the innovation network surrounding the university. They connected with Queen鈥檚 Partnerships and Innovation (QPI) in February to that end and joined the Queen鈥檚 Startup Runway Program. Since then, they have taken part in QPI鈥檚 Go To Market Masterclass program, and in June, they enrolled in QPI鈥檚 Wings acceleration program for pre-revenue startups.
鈥淲e went into the programs with a kind of a 鈥楲et鈥檚 see what we don鈥檛 know鈥 kind of perspective,鈥欌 says Ash. They quickly discovered that, for them, the one-on-one sessions were the most helpful.
鈥淲e were with Andrew [Jackson, co-director of the Wings program] for the oneonones,鈥 says Deanne. He was 鈥渇ull of energy, and whether it was one on ones or the group he always tried to really work with participants. 鈥淪peaking of the final session, where participants presented their completed pitch, she says, 鈥淚t validated the entire journey of two months when they brought in that wider community to present to.鈥
In the months since finishing Wings, Ash and Deanne have continued to forge links in the myLaminin chain. 鈥淲e鈥檝e been moving mountains on getting our product up and running,鈥 says Ash. 鈥淲e moved well beyond a prototype,鈥 he says. 鈥渋t鈥檚 now technology ready.鈥 Just around the time that they were participating in the Cooperathon, he says, 鈥淲e did a beta test with ,鈥 running over a week and a half with real users. The test was a success or as he puts it, 鈥淣obody said the system blew up, and we had a few suggestions about usability that we鈥檙e incorporating.鈥
They continue to work with QPI. 鈥淛anice [Mady, director of QPI] has been phenomenal with helping us make connections,鈥 says Deanne. Says Ash, 鈥淭hey鈥檙e helping us engage with the Centre for Advanced Computing鈥 (part of a consortium of Ontario universities that share high powered computing capabilities), whose director is helping them connect with possible opportunities in the medical research sector. QPI is also working with them on their patent applications. 鈥淪tephen Scribner [QPI鈥檚 intellectual property and patents expert] is going to help us put in our formal filing in February 2022,鈥 says Ash. They are also working with Don Aldridge, the city鈥檚 lead for the , to see if they can make any possible future inroads in the health sciences sphere.
And in the meantime, there is . Their prize for winning that challenge is to have Deloitte 鈥渃ollaborate鈥 with them for five-months. 鈥淲e don鈥檛 know what that is yet,鈥 says Ash, 鈥渂ut it seems likely it will be more than just cheerleading.鈥 He鈥檚 optimistic: 鈥淚 hope that we find that, maybe Deloitte is our pivot point鈥, that key that can lead to opening up the professional services sector and one more link in the growth of myLaminin鈥檚 chain of successes.
QPI offers the Wings program as part of the and the Startup Runway program and mentorship support under each of the Scale-Up Platform Project and the as part of QPI鈥檚 Growth Catalyst program. The Scale-Up Platform Project is led by in Eastern Ontario and includes Queen鈥檚 as a regional partner; the HI YGK Project is led by the City of Kingston and includes Queen鈥檚 as a local partner. Both Projects are supported with funding from the .