SIMBA, a startup specialized in blockchain, received USD 1.5 million to develop the system.
The new network will be in charge of determining which is the military armament most demanded by the army.
The United States Naval Research Office (USA) has closed its second contract with the startup specialized in blockchain networks, SIMBA Chain, for the construction of a demand detection network for military weapons.
This is reported in a press release published in GlobeNewsWire, where it was confirmed that The startup will receive $ 1.5 million in financing to carry out this project. This is the second phase of the Auditable Access to Military Data (ALAMEDA) initiative, in which several blockchain-based systems are being developed that will allow them to track the supply chains of products acquired by the navy.
For example, last year SIMBA Chain received more than $ 1 million as a prize to devise a prototype system to monitor inventory of Boeing F and A-18 Hornet aircraft. Now for the second phase, will focus on creating a demand detector for this prototype. This is based on a forecasting method that, through the use of mathematical formulas and information management, manages to determine and predict in the future which is the most demanded product in a supply chain.
The new technology will be used specifically for orders for new military weapons, the sources say. The idea is that the new system guarantees critical spare parts for the proper functioning of the weapons available to the army. Likewise, it was specified that they seek with the incorporation of blockchain to this technology to reduce the problems of interruption and threats to the maintenance and engineering operations of war weapons.
A blockchain could facilitate military activities
Joel Neidig, CEO of SIMBA Chain, believes that the decentralization model proposed by blockchains could strengthen the data registry of supply chains. In line with this vision, Neidig points out that the immutability of the data offered by some of these platforms would also provide transparency and a greater possibility of auditing the records.
However, it is important to note that blockchain-based supply chains are highly dependent on human transparency and that each of the members of said chain successfully introduce their operations.
Despite this caveat, the ALAMEDA project is still in full development and the contract came into effect on January 6. According to representatives of the initiative, the system will be developed at the Naval Aviation Station in Jacksonville, Florida. It is also known that when the system is ready it will be used mainly by the Defense Logistics Agency, a unit belonging to the United States Department of Defense.
It is not the first time that the US military has shown interest in adopting blockchains in its military technologies. By 2017, there were already plans to incorporate this network model in its media, hiring the ITAMCO company at that time, as we reported in CriptoNoticias. The Brazilian army has also explored the terrain of blockchains, after the possibility of incorporating their operation into a system to control explosives and chemical products was raised.