- The blockchain technology has reformed the financial as well as technology sector.
- Experts claim that blockchain technology can be implemented in order to strengthen operations.
- Given blockchain technology’s use cases it might ameliorate the entire military framework.
Given the increasing popularity and adoption of Blockchain technology, it’s not surprising that world power may soon adopt it. The DoD organized a competition in a bid to improve its military weaponry and infrastructure.
Many big companies in the industry participated in the entry competition but SIMBA Chain won the first position over other competitors. According to our findings, the company used blockchain to develop wargame solutions which they presented to the DoD.
Are you looking for fast-news, hot-tips and market analysis?
Sign-up for the Invezz newsletter, today.
Blockchain to alleviate the current defense system
The U.S. Department of Defense was not just organizing a competition for nothing. The department is planning to innovate the processes involved in manufacturing and supplying their weaponry & infrastructure.
They are looking for ways to be abreast with the ongoing technological innovations that facilitate contemporary warfare. According to what we gathered, the department wants to equip the U.S Navy and U.S Air Force with better and technologized weapons.
So to achieve this aim, the DoD organizes Advanced Manufacturing Olympics to select the best technology. Moreover, it tends to allocate technology for developers, DoD contractors, and academics that can use new technologies such as 3D printing technology to facilitate the manufacturing and supply of important parts to the military.
The Virtual Advanced Manufacturing Olympics
Furthermore, DoD organized and held this competition from the 20th to the 23rd of October. After the presentations, SIMBA Chain won the prize of $100,000 which was researched for the first position.
Arguably, winning the prize was not a simple feat. The DoD created a war-game scenario that mandated the participants save an island under siege. The participants were asked to deploy the addictive manufacturing of weapons on-demand using the 3D technology and to create a delivery network and secure communications network for frontline medical personnel and military units.
According to what Joel Neidig, SIMBA Chain CEO, stated, they had only 6 days to create the war games solution. However, they achieved their goal against other major players such as Stratasys that won the second position, and Boeing that got the 3rd place. They attributed their success to blockchain because they used it to ensure the security of the whole network.
From what we gathered, the DoD is taking a step farther by continuing the collaboration with SIMBA Chain. Right now, the company is already working with the Navy and U.S Air Force. Lastly, they’re hoping to be a part of the department operations in improving the military weaponry of the United States.