U.S. President Donald Trump has signed a $700 billion military spending bill that includes a mandate for a blockchain cybersecurity research study.
The blockchain study, according to the latest version of the text which was ultimately signed earlier today by Trump), will constitute “an assessment of efforts by foreign powers, extremist organizations, and criminal networks to utilize such technologies;and an assessment of the use or planned use of such technologies by the Federal Government and critical infrastructure networks.”
The results of the study, according to the text, are due to be delivered to Congress sometime in the next 6 months. While it is set to be prepared by the Department of Defense – which has explored a number of applications in the past – the final product is likely to include input from other federal agencies and departments.
Future is bright for blockchain based technology!!