The Naval Air Warfare Middle, a California-based analysis group of the U.S. Navy, has given blockchain software program startup Simba Chain almost
The Naval Air Warfare Middle, a California-based analysis group of the U.S. Navy, has given blockchain software program startup Simba Chain almost $10 million to place a safe messaging platform in play.
“The platform shall be up this yr, with on going updates over the subsequent four years,” Simba Chain CEO Joel Neidig instructed Cointelegraph in a Feb. 6 electronic mail.
The Naval analysis group not too long ago known as on Simba Chain to put in a secure avenue for communication and transaction, constructed on the blockchain for the Division of Protection, or DoD, a Feb. 6 press release detailed.
A large endeavor, the Naval Air Warfare Middle has given Simba Chain $9.5 million as a part of a Small Enterprise Innovation Analysis, or SBIR, Section III settlement lasting 5 years.
“That is the primary of many contracts,” Neidig mentioned relating to upcoming phases after the present talked about stage. “We shall be asserting the subsequent contracts later within the spring,” he added.
Ongoing work
Simba Chain isn’t any stranger to U.S. army work. The startup began constructing a blockchain-based provide chain answer for the U.S. Air Pressure in August 2019.
As a part of a former SBIR contract, Simba Chain labored on the present DoD platform, constructing and testing the blockchain-based communication system, the press launch mentioned. This third part targets the answer’s full deployment.
Logistics
Constructed utilizing Microsoft’s Azure cloud platform, the communication platform applies to land and water operations, permitting for secure information alternate.
“This can be a win not only for SIMBA and our companions, but additionally for the DoD, which has pursued with single-minded focus, an answer to conduct delicate, mission-critical operations in a fashion that’s immutable and non-refutable,” Neidig mentioned within the launch. “We plan to ship a ‘bulletproof’ platform that meets all aims.”
The U.S. army additionally has a number of different blockchain-based pursuits, as Cointelegraph detailed in an August 2019 report.