The Naval Air Warfare Center, a California-based research group of the U.S. Navy, has given blockchain software startup Simba Chain nearly $10 million to put a secure messaging platform in play. “The platform will be up this year, with on going updates over the next 4 years,” Simba Chain CEO Joel Neidig told.
The Naval research group recently called on Simba Chain to install a safe avenue for communication and transaction, built on the blockchain for the Department of Defense, or DoD.
The blockchain technology remains one of the technologies that will change the face of the earth and make it a better place if used properly. It has birthed the smart contracts, Cryptocurreny and will still give birth to more.
Picture credit Military.com