US Department of Homeland Security allocated $ 794,000 to finance the development of block chain key management tools

nnnThe US Department of Homeland Security’s Small Business Innovation Research Program (SBIR) announced a $ 794,000 grant to Evernym, a chain-based start-up company in Salt Lake City, to help develop key management tools. It is reported that, in addition to the Department of Homeland Security, other US government agencies are also funding block-chain projects, indicating that the development of the technology has been the attention of the government level, its development worth the wait.n
nnTranslated by: Inan
nA chain-chain start-up company has received funding from the US government to develop a chain-chain key management solution.n
nOn July 20, the Ministry of Homeland Security’s Small Business Innovation Research Program (SBIR) announced an allocation of $ 794,000 to Evernym, Salt Lake City. The project has also been invested in a chain-chain start-up company, and the funding for Evernym is mainly used to develop key management tools.n
nAccording to the Department of Homeland Security, Evernym will design and create a “centralization key management system for block-chain technology”. The research project is managed by the department’s cybersecurity department.n
nIn a statement, William Bryan, vice minister of science and technology at the Department of Homeland Security, said:n
nn”We need a better and safer way to protect the identity and privacy of web users.City chain research has great potential to provide a solution that makes it more difficult to attack online users.”n
nnThe SBIR program is a project that allows small businesses to participate in federal research and development. Other start-up companies that have received funds from the Department of Homeland Security include BlockCypher and Digital Bazaar.n
nThe Department of Homeland Security is not the only US government agency to fund block chain projects, and the National Science Foundation is one of them.n

Leave a Reply

Your email address will not be published. Required fields are marked *