Posted 6 months ago | by @devadmin

The Trump Administration stated that “distributed ledger technologies” (DLT), one of the technologies behind cryptocurrency and blockchain, leads the way in its strategy for withholding dominance against China and Russia technologically.

DLT is one of twenty areas on the National Security Council’s (NSC) “critical and emerging technologies” shortlist.” The NSC’s strategy calls for investing in, developing, adopting, and promoting the priority technologies. The NSC also recommends investing and promoting: AI, data science, quantum computing and “space technologies,” weapons of mass destruction mitigation technologies, and a host of other technologies to stay ahead of both Russia and China.

Several agencies within the U.S. government are already investing in blockchain infrastructure, the Department of Homeland Security  for example through its Science & Technology (S&T) Directorate, recently awarded $817,712 in total to five blockchain startups that seek to change anti-forgery and counterfeit prevention operations. DARPA, the Defense Advanced Research Projects Agency also announced as far back as 2016 that it would begin investing in building blockchain systems for its own military uses.

DARPA is not the only military organization that seeks to use blockchain technology with its initiative going back as far as 2016. The North Atlantic Treaty Organization (NATO), an intergovernmental military alliance between 28 countries also intends to apply blockchain-based solutions to its armed forces, Bitcoin Magazine reported.

In April 2018, NATO announced that it was a year of innovative solutions that “aimed at accelerating transformational, modern technology solutions to meet NATO C4ISR and cyber requirements,” they are looking for startups that can help develop military applications based on the blockchain.

Last year, the U.S. Army Combat Capabilities Development Command’s Army Research Laboratory hosted a symposium on Blockchain for Distributed System Security at its laboratory’s headquarters in Adelphi, Maryland.

The U.S. military is also examining DLT for combat operations, as the technology can do a lot more than revolutionizing industries and enable cryptocurrency peer to peer payments. ConsenSys previously published a blog post entitled: “Why Military Blockchain is Critical in the Age of Cyber Warfare” discussing four different ways that DLT could be used for military use.

Those four uses cases are:

  • Defending critical weapons systems
  • Managing automated, swarm systems
  • Validating orders and battlefield information
  • Managing logistics and supply chains

The group stated that they believe DLT can be used to manage U.S. defense weapon systems through decentralized data and automated smart contracts.

:We believe that blockchain can play a key role in remedying these weaknesses. Specifically, through its able to provide secure, decentralized data environment and automated smart contracts, blockchain could provide a new paradigm for management of U.S. defense weapons systems.”

The group argues that DLT can prevent a cyberattack because an accountable record of all transactions is available to be approved parties within the network. “Any attempt to hack the ledger or send an illegitimate order would require attacking all nodes simultaneously. The computing power to achieve this level of penetration is currently beyond even state actors. Moreover, smart contracts or decision rules can be encoded into a blockchain that can automate key functions and trigger intelligent subroutines,” ConsenSys writes.

ConsenSys continues arguing, “blockchain could play a major role in military operations and the defense industry. While the Pentagon has begun to think about such operations, there has not been a comprehensive attempt to fully explore the potential benefits of blockchain. This is disturbing as our adversaries are spending considerable resources on exploring the military potential of blockchain.”

It’s worth mentioning that the Chinese’ People’s Liberation Army (PLA) journal the China Military Network Defense Department Network on February 2, 2018 noted that China’s defense and security agencies should leverage blockchain to manage the distribution of funds for intelligence operations, protect personnel and weapons life-cycle data from cyber-attacks, and make logistics operations safer.

ConsenSys concluded their article by saying that “Western governments and the U.S. militaries need to start seriously exploring blockchain; especially in its capacity as a cyber-defense tool.” ConsenSys argues that, “If the U.S. fails to act key elements of our national security may be critically impaired. It is critical for the future integrity of our key weapons systems and national security assets that we act now rather than waiting for a crisis to alert us to the dangers of cyber-attack on non-blockchain defended systems.”

Now, the U.S. government seems to be taking the technology seriously as its listed as one of the most important focuses going forward to stay ahead of international rival adversaries.

Bitcoin is currently trading at [FIAT: $11,500K] UP +1.0% according to Coingecko at the time of this report.