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Pentagon Looking To Draft Blockcain Technology For Security Purposes


19th August 2017 - Quoted by Jeff Francis - Bitcoinist

There’s no denying the fervent interest generated by blockchain technology. The primary focus of blockchain for many people is in cryptocurrency, such as Bitcoin. However, an unlikely player is looking at this fascinating innovation: the Pentagon.

The Washington Times is reporting that the US military is looking into applications of blockchain technology to help heighten security across multiple arenas, such as fending off mega-hacks, tampering, and the hijacking of vehicles and satellites through cyber attacks. This focus on blockchain by the Pentagon has been strengthened as they see an increased threat due to Chinese intelligence services targeting commercial transactions.

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Of course, the use of blockchain has many more possibilities for the Pentagon. DARPA could use blockchain to help develop an unhackable code, and a recent memo by the Foundation for Defense of Democracies goes into some detail on how blockchain can help protect the country’s national security industrial base (NSIB) from dangers posed by enemy networks that seek to harm the U.S. through the globalization of manufacturing supply chains.

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Read more here.

Tags

blockchain, ceew, csif, pentagon