US Navy Developing Blockchain Platform To Track Aviation Parts

- Advertisement -

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.

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.

- Advertisement -

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.

- Advertisement -

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



Previous Articles:

- Advertisement -

Latest

Bitcoin Drops 10% From Highs Amid Quantum Computing Warnings

Bitcoin dropped nearly 10% from its record high, falling close to $103,000 after reaching $112,000 last week. BlackRock warned that advances in quantum computing could...

Czech Justice Minister Resigns Over $45M Bitcoin Donation Scandal

Czech Justice Minister Pavel Blazek resigned after controversy over accepting and selling Bitcoin from a convicted criminal.The Justice Ministry auctioned nearly 500 Bitcoin, raising...

Uniswap (UNI) Rebounds Above $6 After Brief Uptrend Breakdown

Uniswap's UNI token dropped below its key uptrend line following a failed hold above the $6.00 support level.High trading volumes accompanied the decline, including...

Michael Saylor Invites Joe Rogan to Discuss Bitcoin on Podcast

Michael Saylor has shown interest in discussing Bitcoin on The Joe Rogan Experience podcast.The idea has generated excitement in the Bitcoin community, with some...

Congress Debates Stablecoin Bill Amid Rising Bank and Crypto Tensions

U.S. lawmakers are moving forward with the Senate Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act, with debates set to resume after...

Must Read

14 Ways On How to Make Money with Cryptocurrency

Many people want to make money with cryptocurrency because they have heard the success stories of people who became millionaires from zero.If you...