The entity in charge of developing the system will be SIMBA, a startup that specializes in blockchain networks, which received USD 1.5 million. With the new network, it will be possible to determine the military weapons that the army most demands.
The US Office of Naval Research seeks to build a network to detect demand for military weaponry. To that end, they closed their second contract with SIMBA Chain, a startup that specializes in blockchain networks.
According to GlobeNewsWire, the startup will receive USD 1.5 million in financing to complete the project. This is the second phase of the Authenticity Ledger for Auditable Military Enclaved Data Access (ALAMEDA) initiative. The company is developing several systems based on blockchain that will allow tracking the chains of supply of products that the navy acquires.
Last year, SIMBA Chain received more than USD 1 million for designing a system to monitor the inventory of Boeing F, and A-18 Hornet aircraft. For the second phase, they will create a device to detect demand for this prototype. This machine is based on a forecasting method that uses mathematical formulas and handles information. Through this, it manages to determine and predict the most demanded product in a supply chain. The US Navy will use the new technology to order new military weaponry, according to the sources. The objective is to ensure that the new system will guarantee critical spare parts for the proper functioning of the available weapons. Likewise, they specified that they seek to incorporate blockchain technology to reduce disruption problems and threats to maintenance and engineering operations of war weapons.
A Blockchain Would Facilitate Military Activities
According to Joel Neidig, CEO of SIMBA Chain, the decentralization model that blockchains propose would strengthen the data registry of supply chains. This vision leads him to think that the immutability of the data that some of these platforms offer is favorable. This would also provide transparency and a greater ability to audit the records.
However, blockchain-based supply chains rely heavily on human transparency. For that reason, each member of the said chain must satisfactorily enter their operations.
Regardless of this exception, the ALAMEDA project is still in full development, and the contract came into effect on January 6th. According to representatives of the initiative, the development of the system will occur at the Naval Aviation Station in Jacksonville, Florida. Mainly the Defense Logistics Agency, a unit belonging to the US Department of Defense, will use the system when it is ready.
On previous occasions, the US military has also been interested in adopting blockchain technology for its military affairs. In 2017, they planned to incorporate this network model in their communication systems. At that time, they hired the ITAMCO Company. The Brazilian military has also sought to explore the area of blockchain technology. They did so after considering the possibility of incorporating their operation into a system to control explosives and chemical products. According to the entity, the operation had the objective of protecting society, preserving public order and heritage, as well as identifying illegal acts.
By Alexander Salazar