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Pentagon eyes bitcoin blockchain technology as cybersecurity shield

Samantha F. Ravich
17th August 2017 - Quoted by Dan Boylan - The Washington Times

Used by terrorists, drug dealers and money launderers, the shadowy online currency bitcoin may soon be drafted by the Pentagon as a way to shield U.S. military technology, communications and purchases.

Private analysts say that using blockchain, the technological backbone of bitcoin, could dramatically improve security across the U.S. military, preventing megahacks, tampering and cyberhijackings of vehicles, aircraft or satellites.

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The Foundation for Defense of Democracies memo, titled “Leveraging Blockchain Technology to Protect the National Security Industrial Base,” was written by Michael Hsieh and Samantha Ravich. It details numerous scenarios in which outside forces attack or infiltrate America’s national security industrial base.

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Read more here.

Tags

bitcoin, blockchain, ceew, csif