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US Senate Pushes Defense Secretary To Adopt Blockchain For National Defense

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By on July 9, 2024 Altcoin, Bitcoin, Regulations, Trading, Web3
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The post US Senate Pushes Defense Secretary To Adopt Blockchain For National Defense appeared first on Coinpedia Fintech News

The United States Senate Committee on Armed Services has taken a significant step towards integrating advanced technology into national defense. The committee has directed Secretary of Defense Lloyd Austin to investigate potential applications of blockchain technology within the military. The directive issued on July 9, focuses particularly on enhancing supply chain management and strengthening national security. Secretary Austin is required to provide a briefing by April 2025, outlining plans for blockchain integration in national security applications. It must address pilot programs, benefits and risks, current adoption in industry and by foreign countries, and implementation feasibility.

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