US Navy Bets $9.5M On Blockchain To Keep Messaging Secret

The Naval Air Warfare Center, a California-based analysis group of the U.S. Navy, has given blockchain computer software package inauguration Simba Chain much $10 million to place a safe electronic messaging platform in play.

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"The platform will be up this year, with on going updates over the next 4 years," Simba Chain CEO Joel Neidig advised Cointelegraph in a Feb. 6 electronic mail.

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The Naval analysis group late familiar as on Simba Chain to put in a secure avenue for communication and transaction, constructed on the blockchain for the Department of Defense, or DoD, a Feb. 6 press launch careful.

A large endeavor, the Naval Air Warfare Center has given Simba Chain $9.5 million as a part of a Small Business Innovation Research, or SBIR, Phase III settlement lasting 5 years.

"This is the first of many contracts," Neidig mentioned relating to approaching phases after the present talked about stage. "We will be announcing the next contracts later in the spring," he added.

Ongoing work

Simba Chain isn't any alien to U.S. army work. The inauguration started constructing a blockchain-based provide chain resolution for the U.S. Air Force in August 2019.

As a part of a former SBIR contract, Simba Chain labored on the present DoD platform, constructing and examination the blockchain-based communication system, the press launch mentioned. This third section targets the answer's full deployment.

Logistics

Built utilizing Microsoft's Azure cloud platform, the communication platform applies to land and water operations, permitting for secure information change.

"This is a win not just for SIMBA and our partners, but also for the DoD, which has chased with single-minded focus, a solution to conduct sensitive, mission-critical operations in a manner that is changeless and non-refutable," Neidig mentioned inside the launch. "We plan to deliver a 'bulletproof' platform that meets all objectives."

The U.S. army additionally has a number of different blockchain-based pursuits, as Cointelegraph careful in an August 2019 report.