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CryptoIntelligence 2024-07-10 10:22:00

US Senate Directs Defense Secretary to Explore Blockchain for National Security and Supply Chain Management

The United States Senate Committee on Armed Services has instructed Secretary of Defense, Retired General Lloyd Austin, to test blockchain technology applications for supply chain management and other national security purposes within the Department of Defense (DOD). On July 9, the committee released the report for the fiscal year 2025 National Defense Authorization Act (NDAA), detailing specific authorizations for the Army, Navy, Air Force, and Defense-wide programs. The committee acknowledged blockchain’s potential to bolster US national defense supply chains and economic competitiveness: “The committee notes that blockchain technology has the potential to enhance the cryptographic integrity of the defense supply

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