Saturday, 15 December 2018

SIMBA Chain Wins U.S. Dept. of Defense Contract

U.S. Air Force will use Blockchain platform to shore up logistics, supply chain capabilities

SIMBA Chain, a cloud-based Blockchain-as-a-service (BaaS) platform formed from a Defense Advanced Research Projects Agency (DARPA) grant in 2017 originally developed by ITAMCO and the University of Notre Dame, has been awarded a government contract that will see the U.S. Air Force leverage its platform as it explores how Blockchain technology can improve its logistics and supply chain capabilities.

SIMBA Chain

The Air Force has a highly complex logistics and supply chain network which moves millions of parts around the world and needs to function dependably and without interruption. This complexity and need for ongoing, documentable precision is an ideal use case for Blockchain.

The Air Force will be using SIMBA Chain to securely scale its additive manufacturing supply chain, following a call put out earlier this year by the Department of Defense through the Small Business Innovation Research (SBIR) program, seeking technologies with commercial applications that can help the service branch streamline its supply chain and logistics and stay ahead of the technological curve.

"We're moving what was once a broad, strategic concept to reality," said Brenchley Boden, Senior Engineer at Air Force Research Laboratory. "Digital Thread is game-changing, and we're leading the charge."

Blockchain technology can securely connect the Industrial Internet of Things, providing a permanent digital ledger and consensus network that democratizes how business and manufacturing are done. This has implications for global industries spanning government to manufacturing to healthcare.

"We're excited to be the first implementers of Blockchain across the entire Digital Thread, not only securing it but applying a non-repudiable and immutable ledger," said SIMBA Chain CEO and Founder Joel Neidig.

source: prnewswire.com

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