Blockchain solutions provider SIMBA Chain has been selected for a $30 million Strategic Technology Focus Initiative (STRATFI) by the United States Air Force (USAF).
According to the announcement, the investment will be used to develop blockchain applications in supply chain management and programs
SIMBA Chain has a long-standing relationship with the Department of Defense, having developed various blockchain applications
The STRATFI initiative will accelerate the development of SIMBA’s blockchain platform, SIMBA Blocks, which supports the USAF’s strategic mission.
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
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