US Navy Commissions $1.5M Blockchain System for Tracking Critical Weaponry

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....

Consensus Networks uses the IoTeX blockchain to monitor the health of 700,000 U.S. Navy sailors and marines in real-time. The United States military continues to explore blockchain technology to improve its processes. The U.S. Navy has signed a $1.5-million contract with Consensus Networks to develop a blockchain-enabled logistics system named HealthNet back in May. The project, built on Internet of Things-focused blockchain IoTeX, is halfway complete, counting the days for its pilot scheduled for early 2022.According to the information shared with Cointelegraph, Consensus Networks aims to....

Bitcoin has been identified by the US Navy as a force for supreme evil, it has emerged. A Broad Agency Announcement project for Navy Engineering Logistics Office of the Department of the Navy is currently being bid for by interested parties. Among the parts of the project appear these two sections: “R3861 Counter Threat Finance” and “R3830 Methods and Means to Systematically Discern and Display ‘Precursors of Instability’ In the Dark Web.” Quite a mouthful, but the message is serious, for among the ‘keywords’ mentioned in the brief is “Bitcoin.”

Prosecutors allege the pair used their positions in the U.S. Navy to steal and sell personal information of 9,000 people.

The national postal operator of Russia plans to implement a parcel tracking system that will rely on blockchain technology. The introduction of the new service is part of Russian Post’s digital transformation strategy and is expected to reduce the number of lost shipments. Blockchain-Based Tracking System to Help Russian Post Save Time and Resources In the context of efforts to develop its services and improve the efficiency of its logistics, Pochta Rossii, or Russian Post, is considering various options, including the implementation of blockchain technology, a....