US Navy awards $1.5M jet fighter contract to blockchain project

US Navy awards $1.5M jet fighter contract to blockchain project

SIMBA Chain has been tapped to beef up the supply chain of the United States Navy after receiving a $1.5 million research grant. SIMBA Chain, a cloud-based smart contract platform, has been tasked with revamping the supply chain of the United States military after it received a $1.5 million grant from the U.S. Office of Navy Research. The project will be responsible for developing a blockchain-based solution to enable demand sensing for critical military weaponry parts. Demand sensing is a forecasting technique used in supply chain logistics that processes information in real-time to....


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