Trump signs defense bill for blockchain studies

nRunaway Comment: US President Trump has signed a $ 700 billion military spending bill that contains blockchain Internet Security Research Decree. Assess the use of the technology by foreign, extremist organizations and criminal networks to assess the technical applications and planning of the federal government and key infrastructure networks. The study was drafted by the Department of Defense and absorbed data from other federal agencies and departments.n
nTranslation: Annie_Xun
US President Trump has signed a $ 700 billion military spending bill that contains blockchain Internet Security Research Decree.n
CoinDesk reported in September that the U.S. Senate moved the motion calling for the Department of Defense to investigate “potential offensive and defensive web applications for blockchain and other distributed database technologies.”n
Related content is also appearing in the Government Modernization Government Technology Act (MGT), which is committed to improving government IT and cyber security systems.n
Blockchain research, as Trump finally signed the new bill, will include “assessing the use of the technology by foreign and extremist organizations and criminal networks to assess the technical application and planning of the federal government and key infrastructure networks.”n
The results will be submitted to Congress within the next six months. Although the report was drafted by the DoD, which has done a number of applied research, it is likely that the final product will contain data from other federal agencies and departments.n
Although it is only a small part of the main funding law in the United States, the measures proposed by Ohio Senator Rob Portman helped to boost the government’s investigation into the potential use of the blockchain.n
Trey Hodgkins, Senior Vice President, Public Sector, Information Technology Industry Council, Washington, said: “The blockchain is clearly one of the technological capabilities Capitol Hill wants agencies to explore and provides the flexibility to allocate funds so institutions Have the discretionary power to invest funds. “n

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