BTC $71,807
2026 Bull Run Is Building Start trading with 5% OFF all fees
Sign Up Now
BTC $71,807
Bull Run 2026 | 5% Off Fees Open your Binance account today
Sign Up

US Navy Developing Blockchain Platform To Track Aviation Parts

- Advertisement -
Ad
Altseason Is Loading. Don't watch from the sidelines.
SOL $90.51
DOGE $0.0963
LINK $9.02
SUI $1.00
5% off fees when you sign up
Start Trading

September 21, 2018 9:16 PM

The US Navy wants a blockchain platform that can handle huge data sets.

The US military is very often on the front lines when it comes to finding use cases for emerging technology. In line with this tradition, the Naval Air Systems Command (NAVAIR) is looking into blockchain technology to track the life cycle of aviation parts.

According to a September 20 press release, the Navy is eager to modernize its current tracking process, which involves manually inputting handwritten notes into a computer database.

- Advertisement -

NAVAIR’s Fleet Readiness Center Southwest (FRCSW) Advance Technologies Team has entered into an agreement with the Indiana Technology and Manufacturing Companies (ITAMCO), to research whether blockchain technology can handle the large data sets produced by the Navy.

The Navy was likely attracted to ITAMCO’s existing Simba Chain, a blockchain platform for “tracking secure messages” that was developed through a Defense Advanced Research Projects Agency (DARPA) grant.

In the press release, ITAMCO stated:

“The goal of the agreement is to develop a conceptual architecture for what a connected and visible supply chain could look like. A major hurdle is information assurance and accreditation for a distributed information system, a sizable departure from a centrally controlled database architecture the [Department of Defense] is currently comfortable operating.”

The Navy is eyeing a permissioned blockchain, but wants to use “a consensus mechanism requiring less computing power” than proof of work.

Nathan Graham is a full-time staff writer for ETHNews. He lives in Sparks, Nevada, with his wife, Beth, and dog, Kyia. Nathan has a passion for new technology, grant writing, and short stories. He spends his time rafting the American River, playing video games, and writing.

Like what you read? Follow us on X @Bitnewsbot to receive the latest Navy, blockchain or other Ethereum technology news.



Previous Articles:

- Advertisement -
Ad
Pay Less on Every Trade. For Life.
$10K/mo volume Save $60/yr
$50K/mo volume Save $300/yr
$100K/mo volume Save $600/yr
5% off all trading fees when you sign up
Claim Your Discount

Latest News

Balancer Labs Shuts Down After $116M Hack

Balancer Labs, the company behind the DeFi protocol, is shutting down due to financial...

Tesla Urged To Market Like Apple In New Ads

Fund manager Gary Black pushed for Tesla to emulate Apple's marketing strategy. Tesla disbanded its...

Strategy Funnels $44B Into BTC via New Stock Sales

Strategy has unveiled capital-raising programs totaling $44.1 billion to fund further Bitcoin acquisitions.The company...

SHIB’s Historic 85M% Surge Echoes as Token Eyes 100% Rally

Shiba Inu delivered an unprecedented 85,000,000% return between 2020 and 2021, outpacing all major...

AI Influencers Vie for $90,000 in Global Talent Contest

OpenArt and Fanvue launched a global contest with over $90,000 in prizes to find...

Must Read

What Is a Sim Swap Hack?

You've likely heard the term 'sim-swap,' but do you really know what it means? It's a type of fraud that's rapidly increasing, where scammers...
Ad
Altseason Is Loading. These 4 coins are trending right now.
SOL $92.12
DOGE $0.0950
LINK $9.02
SUI $1.02
5% off spot fees when you sign up
Start Trading