US Federal Agencies Gradually Adopt Blockchain Tech

According to sources including Nextgov, various Blockchain companies including BlockCypher received Small Business Innovation Research grants from DHS to demonstrate the potential of Blockchain in record keeping, identity protection and the creation of immutable ledgers for data storage.

(GSA) is also actively investigating the potential of Blockchain and smart contracts technology in automating existing processes and operations that require significant amounts of manual labor and approval.

At the conference leading Blockchain organizations, consortia and government officials including Coin Center and 100 federal managers that have presented over 100 different applications of Blockchain technology in government participated. There Coin Center research director Peter Van Valkenburgh stated, "If you're not doing something that involves accumulating and sharing and disseminating data that everyone needs to agree on, you don't need this at all," emphasizing that Blockchain technology can only be efficiently and securely implemented if strong security measures are maintained.

source cointelegraph.com