During today’s Senate Banking, House, and Urban Affairs Committee hearing, legislators heard from experts from the private sector, government, and academia regarding regulations needed for blockchain technologies.
The Securities and Exchange Commission (SEC) updated a Request for Quote (RFQ) to reflect its intention to procure commercially available off-the-shelf (COTS) data subscription for blockchain ledger data.
Representatives from different Federal agencies at ACT-IAC’s Emerging Technology Forum today said that they are leveraging artificial intelligence (AI), robotic process automation (RPA), quantum computing, blockchain, and other emerging technologies to make strides in their work.
The U.S. Department of Health and Human Services (HHS) awarded General Dynamics Information Technology (GDIT) a multiple award, indefinite delivery, indefinite quantity contract with a total value of $49 million over a five-year base period to provide AI technologies through HHS’ Program Support Center.
Rep. Warren Davidson, R-Ohio, weighed in on blockchain technology in an op-ed in The Hill on April 22, making the case for his new legislation, the Token Taxonomy Act.
“Blockchain isn’t necessarily a revolution. It’s an evolution.”
The Department of Homeland Security announced last month that it will offer $800,000 in grants to startups and small businesses for blockchain counterfeiting solutions through its Science and Technology Directorate’s Silicon Valley Innovation Program.
Blockchain technology’s popularity has grown in recent years to full buzzword status, but government agencies are fine-tuning their use cases for the technology and picking their blockchain projects wisely, said Mark Fisk, partner in IBM Digital for Global Business Services.
The excitement and hype around blockchain may have died down, but some Federal IT leaders are looking to blockchain to complement other emerging technologies by providing clean, trusted, and richer data to support operations and provide deeper insights.
During a Senate Energy Committee hearing on blockchain Tuesday, senators and experts discussed the potential for blockchain to create a distributed, resilient, and secure power grid.
In the push to keep Federal IT systems secure, cybersecurity teams find themselves overloaded with information and tools and would like to see automation help them turn information into actionable intelligence, IT and industry leaders said during a FedInsider webinar on July 19.
During today’s House Energy and Commerce Committee Subcommittee on Digital Commerce and Consumer Protection hearing to discuss oversight of the Federal Trade Commission, Rep. Doris Matsui, D-Calif., said she was introducing legislation calling for a common definition of blockchain.
Many states are seeking to adopt blockchain technology to create more secure transactions, but that may not be the optimal route for ensuring the technology is applicable across the nation, according to Tiffany Angulo, a staffer for Rep. David Schweikert, R-Ariz., who is the co-chair of the Congressional Blockchain Caucus.
Welcome to MeriTalk News Briefs, where we bring you all the day’s action that didn’t quite make the headlines. No need to shout about ‘em, but we do feel that they merit talk.
How do you spell the future of government IT? AI. While that’s not going to get you too many points on the triple word score in Scrabble, the technology and applications will unscramble massive dividends in cost savings, service enhancements, and breakthroughs.
Government and industry experts told members of the House Subcommittee on Research and Technology yesterday that blockchain technology pilots and trials are yielding promising results for supply chain and government operations applications.
The General Services Administration’s (GSA) Emerging Citizen Technology Office (ECTO) is working with a network of partners from more than 300 Federal, state, and local government entities to help evaluate, test, and implement IT modernization initiatives with emerging technologies.
Since blockchain first appeared in 2009 as the digital ledger for Bitcoin cryptocurrency transactions, it has steadily taken the online world by storm, in the process practically becoming a synonym for security. Even if a lot of people still don’t know what it is, they’re beginning to hear it more and more. IBM, for instance, has taken to mentioning “blockchain for security” in its TV ads. And in a sure sign of pending mainstream acceptance, a “Blockchain for Dummies” book is now available.
The Department of Defense (DoD) is cooking up big plans for blockchain technology, the digital ledger best known for its support of cryptocurrencies such as Bitcoin and Ethereum. The technology’s decentralized, encrypted approach holds promise for a variety of secure functions in addition to financial transactions, from cyber defense and distributed communications to protecting the digital supply chains used by deployed forces for 3D printing. A Navy officer on the Naval Innovation Advisory Council has written that blockchain could “revolutionize” the way military operations over the next decade.
Congress wants the Defense Department (DoD) to elaborate on its growing interest is blockchain technology, the secure digital ledger system that can be applied not only to protect financial transactions, but also many other operations such as defending against cyberattacks, protecting logistics supply chains, and securing communications with aircraft and satellites.
Microsoft announced that it plans to offer blockchain capabilities for its government cloud offerings. “We view blockchain as a major technological advancement with the potential for significant impact in many industries, including the public sector, through its ability to enable verifiable and immutable cross-party computation,” said Tom Keane, head of Global Infrastructure for Microsoft Azure.
The State Department is seeking to use blockchain technology to improve its IT platforms and to restructure the agency. The reorganization plan seeks to reduce the workforce, save Federal money, and maximize employee productivity.