The US Air Force no longer hides its interest in blockchain. With an investment of 30 million dollars in the startup SIMBA, it is betting on the future of this technology in order to improve the organization of its supply chain.
https://cryptoast.fr/us-air-force-investit-30-millions-dollars-blockchain/
The US Air Force and Blockchain
This is not the first time that the US Air Force has taken an interest in blockchain. As a matter of fact, she has even been experimenting with ways to exploit it for several years to improve its organization or the security of the data it shares.
We learn this Wednesday, February 1 that the u.s. air force has embraced blockchain technology to improve the transparency and traceability of its supply chains. This initiative is part of a broader strategy to modernize its systems to improve the safety, speed and efficiency of its operations.
Thereby, the US Air Force has chosen to invest 30 million dollars in the startup SIMBA, a blockchain-as-a-service (BaaS) platform specifically designed for military applications. This focuses in particular on the optimization of supply chain operations.
In the official press release, Stacy Betlej-Amodeo, vice president of government operations at SIMBA, explains that their technology will allow better planning and will also help reduce costs eliminating errors and wasted time caused by manual processes. She also said:
“Our new project for the United States Air Force will pave the way for more efficient and comprehensive asset management within the Department of Defense supply chain. »
The adoption of blockchain by the US Air Force shows once again the growing importance of technology for organizations around the world. As more industries embrace it, it is now undeniable that blockchain will have a significant impact on many industries in the years to come.
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Simba, what is it?
In 2021, startup SIMBA raised $25 million in a Series A funding round led by Valley Capital Partners. In addition, we note the presence of investors linked to the giants Amazon, Apple, Meta, SpaceX and Microsoft.
This is not the first collaboration between SIMBA and the US Air Force, who have already signed several contracts in the past. The oldest dates from 2019 and the most recent concerns the tokenization of its supply chain budget.
In addition, SIMBA has also worked with other divisions of the United States Department of Defense, notably via a $9.5 million contract with the US Navy in 2020. It focused primarily on secure communications technologies.
It is a well known fact, the army is often an active entity in the development of new technologies, as it was in the past with the Internet. It will be interesting to watch the new advances that will be proposed at the end of this collaboration.
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Source: BusinessWire
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Lilian Aliaga
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