Department Of Homeland Security Seeks To Understand Blockchain Tech

The United States Department of Homeland Security (DHS) is launching a program where they are exploring ways to understand the blockchain technology better. They do this within their Science and Technology Directorate (ST) of the department’s Small Business Innovation Research (SBIR) program.

The DHS is currently accepting research proposals from small businesses in 13 different topic areas, including the “Applicability of Blockchain Technology to Privacy Respecting Identity Management” and “Blockchain Applications for Homeland Security Analytics”. They describe their project as a ”three-phase program” that encourages small businesses to work and do their research with the federal agency. The SBIR project firstly seeks to assess the “technical merit and feasibility” of the submitted proposals by the small firms. DHS Under Secretary for Science and Technology, Reginald Brothers, made this statement about the program:

“It is vitally important that we cast a wide net to find highly innovative solutions to the nation’s homeland security challenges. We know that America’s small businesses are creative problem solvers and engines of innovation and we want to hear from them.”

The proposals approved for Phase I are limited to six months and are awarded the sum of $100,000 while projects that pass to Phase II are eligible

Read more ... source: TheBitcoinNews