SIMBA Chain awarded $30M by US Air Force

Blockchain provider SIMBA Chain awarded $30M by US Air Force STRATFI program - Check out the story here

According to SIMBA Chain, the investment will go toward developing blockchain applications that will be used by several government organizations.

[{"selector":"#anim-620a5026-739b-4bb2-bf74-b01391086520 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-28.90624987200394%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Arrow

[{"selector":"#anim-3255685a-b5a4-4363-887c-28ec2eb1b892 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-31.285244247341844%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] Blockchain solutions provider SIMBA Chain has been selected for a $30 million Strategic Technology Focus Initiative (STRATFI) by the United States Air Force (USAF). Arrow

The initiative is focused on identifying and advancing technologies that could secure the future dominance of the U.S. Air Force.

[{"selector":"#anim-1513182a-4097-4407-8d21-ed48fcfd3547 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(34.179687404002955%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Arrow

[{"selector":"#anim-342365ef-fb7f-4de2-80e2-643b91bf515a [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-34.179687404002955%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] According to the announcement, the investment will be used to develop blockchain applications in supply chain management and programs Arrow

[{"selector":"#anim-8b385b15-2071-43db-8e11-3b7762d3f004 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-34.179687404002955%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] SIMBA Chain has a long-standing relationship with the Department of Defense, having developed various blockchain applications Arrow

[{"selector":"#anim-b870d5f8-18aa-4f9d-9994-5ef9587c55d1 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(31.249999886225726%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] The STRATFI initiative will accelerate the development of SIMBA’s blockchain platform, SIMBA Blocks, which supports the USAF’s strategic mission. Arrow

[{"selector":"#anim-71d82101-f3f2-4160-b2d6-ca96816f6ce2 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-34.179687404002955%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] The goal of the project, dubbed Digital Blockchain Budgeting Accountability and Tracking (DiBaT), was to tokenize all dollars within the U.S. Air Force supply chain budget Arrow

[{"selector":"#anim-aa7499d3-be52-44c0-8f43-8bab5118c9c4 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-28.90624987200394%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] Hope you people found the story informative. For more such interesting stuff, click on the link given below Arrow SWIPE UP