đąGood news! The U.S. Senate Armed Services Committee has directed Defense Secretary and retired General Lloyd Austin to test the potential use of blockchain technology in supply chain management and other national security applications within the U.S. Department of Defense. đđ
The news comes from the National Defense Authorization Act (NDAA) report for Fiscal Year 2025, released on July 9. In the report, the committee recognized the potential of blockchain technology to enhance the U.S. defense supply chain and economic competitiveness. đđ
The committee said that blockchain technology has the potential to enhance the cryptographic integrity of the defense supply chain, improve data integrity, and reduce the risk of competitors manipulating or destroying certain types of data. đđ
In addition, the Senate committee also hopes that the Department of Defense (DOD) will explore blockchain use cases "to achieve national security goals and create secure, transparent, accountable, and auditable data related to the supply chain." đđ
The potential of blockchain technology has been recognized again, let us look forward to more application scenarios and innovations! đȘđȘ