CHINA, RUSSIA, USA IN RACE TO USE BLOCKCHAIN FOR MILITARY OPERATIONS

[Wingleness]

Militaries across the world are always looking for cutting-edge technologies to get a leg up on the competition. Blockchain is certainly not escaping scrutiny.

Officials inside of defense agencies are particularly interested the technology’s distributed consensus and anonymity capabilities.

NATO has been looking into blockchain’s use cases in regards to military logistics and procurement, and are also studying how it could mesh together with other cutting-edge concepts like the IoT.

So far, the United States, Russia, and China seem to express the most interest in researching how blockchain can be used for purposes related to the military, general national defense, and for cyber-related endeavors.

A CHANGING MILITARY LANDSCAPE
In the United States, entities related to the military have been looking into blockchain for a while. The 2018 National Defense Authorization Act, Section 1646 calls for the assessment of blockchain for military employment purposes.

Recently, the U.S. Naval Air Systems Command said they were looking into blockchain to help keep tabs on aviation parts, which could help lower the costs of operating and maintaining military aircraft.

Others speculate the technology could be rolled out by the Department of Defense (DoD) to manage nearly $100 billion dollars’ worth of inventory.

A Government Accountability Office report from 2015 specifically highlighted issues with the DoD’s systems for tracking and delivering supplies, something which blockchain has partially helped solve in other (non-military) areas, like the palm oil industry.

Besides the United States, Russian military officials have also been exploring use cases for blockchain.

Source: https://bitcoinist.com/china-russia-usa-blockchain-military/

This is getting very more interesting, no wonder ETF regulation is very important to the US Government.

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[palle11]

So far, the United States, Russia, and China seem to express the most interest in researching how blockchain can be used for purposes related to the military, general national defense, and for cyber-related endeavors.

The blockchain technnlogy is getting relevant everyday and more revelation about it use will come in other areas of life. For China who has been playing down on the bitcoin and stifling crypto business, I wonder how they can totally jettison cryptocurrency and push on the blockchain relevance while cryptocurrency is an innovation from it.

[Wingleness]

I feel they are just been unreasonable stubborn about it but on the long run, they would have a second thought and have no other choice than to embrace it fully. Bitcoin and Cryptocurrency as a whole is passing through refining processes and the result afterwards will be mind blowing.

[funchiestz]

I think Blockchain now has the necessary attention. Nobody doubted that Blockchain would exist in the future.

[franky1]

it can have advantages
before military treasuries had to trust that when a procurement department ask for $5m.. that the $5m actually went to buying 2 engines of $2.5m as oppose to 2 engines of $2.4m and $200k in someones back pocket.

this way. the engine manufacturer can price the engine at $2.4m.. and add a identity for the engines. and send an invoice to the army base who then hand it to the pentagon who then hand it to the treasury. knowing no one can falsify the invoice while all departments agree that the items are needed

the pentagon, armybase and the temp working in the warehouse are then not handing funds. but instead the payment is locked to the engine manufacturer company and is only released when the engines are received by the armybase.

the downside of blockchain WAS. is that not every transaction needs to be kept forever. but because the blockchain in this example is not about a fixed supply currency where the origins of the funds need to be tracked back to its creation years prior the blocks can be prunned away after every 6 monthly treasury budget review

EG the treasury has $200b to hand to DoD. so the treasury creates 200b treasury credits.
they get transacted around the different departments. and within 6 months the engine manufacturer  and can show the path back to the DOD, pentagon, army base so gets the 4.8m treasury credits. and then sells the credits for $4.8m

after 6 months a new chain of 200billion treasury credits is made

there doesnt need to be an eternity existing single chain that keeps hold of decades of data on one chain forever growing

too many ICO's think that it has to be 1 chain and having to predict a token supply that will last a lifetime
EG a DoD chain of 40trillion credits to cover 100 years.
instead it can be 200 chains of 6 month budget worth of tokens per chain(created at each 6 month budget meeting). thus the system is covered for 100 years. where not all 200 chains need to exist for 100 years but can be deleted after 6months-10 years(whatever is practical)

[franky1]

same with the palm oil example in the OP

you do not need a single blockchain that needs to last for eternity to hold every movement of palm oil barrels from 2018 to 21xx
instead it just needs a chain of blocks to represent each 'season'

[bellamente]

The military always uses advanced technology. However, the use of BLOCKCHAIN in China, Russia and the US does not in any way affect the lobbying of the legalization of cryptocurrencies.

[hugeblack]

This is getting very more interesting, no wonder ETF regulation is very important to the US Government.

Your article is good but why do you confuse these concepts "BLOCKCHAIN" "ETF" "Cryptocurrency"?
Blockchain Is a technology that will change the world and can be used from banks to the most accurate things in our lives, from industry to agriculture, and therefore the military aspects are not far from it.
ETF regulation relating to money and its possible use in financial transactions.
Blockchain can be used without the need to regulate digital currencies.

[mekie]

Is anyone even a little surprised that the military all over the world is looking into blockchain? Whenever a new idea comes along then the military will look at it's impact and will if it shows the promise  they will either buy up the idea or subvert it for their own ends.

[Yaunfitda]

The military always uses advanced technology. However, the use of BLOCKCHAIN in China, Russia and the US does not in any way affect the lobbying of the legalization of cryptocurrencies.

Of course it won't affect the legalization of crypto because crypto and blockchain are different. And I'm not surprised by those countries taking advantage of blockchain. Everyone is trying to get on board with this new technology, just like when they first notice how Internet will be the future.

@hugeblack, I'm also confused as well perhaps the OP thinks that bitcoin or blockchain are interchangeable, but you have made a good definition of each one so I hope that OP gets a clear picture now.

[pakhitheboss]

Blockchain technology is already changing the way Traditional buisness was being done. Internet was invented for Military use. Lets see what next will get invented after using Blockchain tech for Military use.

[ocid]

the evolution of blockhain technology will surely continue to evolve over time and I think it is not impossible if the military system in a country will implement blockhain technology for a country's defense and security strategy because blockhain technology is a technology that has a locked system so it is very suitable for applying to the military system.

[pragna]

I think not only in Chaina, Russia and USA but also every big house in world are in race of blockchain. As they are technologically strong and can catch up new things very firstly.  Blockchain is such kind of technology that you can not give up it with out knowing. so i think it is more please for us who are related with blockchain.

[diceoption.com]

There are probably many countries that are researching blockchain but they do not publish 

[stayeduptolate]

Militaries across the world are always looking for cutting-edge technologies to get a leg up on the competition. Blockchain is certainly not escaping scrutiny.

Officials inside of defense agencies are particularly interested the technology’s distributed consensus and anonymity capabilities.

NATO has been looking into blockchain’s use cases in regards to military logistics and procurement, and are also studying how it could mesh together with other cutting-edge concepts like the IoT.

So far, the United States, Russia, and China seem to express the most interest in researching how blockchain can be used for purposes related to the military, general national defense, and for cyber-related endeavors.

A CHANGING MILITARY LANDSCAPE
In the United States, entities related to the military have been looking into blockchain for a while. The 2018 National Defense Authorization Act, Section 1646 calls for the assessment of blockchain for military employment purposes.

Recently, the U.S. Naval Air Systems Command said they were looking into blockchain to help keep tabs on aviation parts, which could help lower the costs of operating and maintaining military aircraft.

Others speculate the technology could be rolled out by the Department of Defense (DoD) to manage nearly $100 billion dollars’ worth of inventory.

A Government Accountability Office report from 2015 specifically highlighted issues with the DoD’s systems for tracking and delivering supplies, something which blockchain has partially helped solve in other (non-military) areas, like the palm oil industry.

Besides the United States, Russian military officials have also been exploring use cases for blockchain.

Source: https://bitcoinist.com/china-russia-usa-blockchain-military/

This is getting very more interesting, no wonder ETF regulation is very important to the US Government.

We all know that bitcoin is very huge and very potentiating crypto currency and on the same hand is decentralised crypto currency so there is no such proper authentic regulating body over the bitcoin who could keep eye over all the bitcoin activities and thus leading to illegal use but on the top of all that there are few countries who has legalised crypto currency in their nation after getting the fate and potential of bitcoin and this is the thing of grace that these countries are using Blockchain technology for military purposes.

[aoluain]

Is anyone even a little surprised that the military all over the world is looking into blockchain? Whenever a new idea comes along then the military will look at it's impact and will if it shows the promise  they will either buy up the idea or subvert it for their own ends.

I dont think anyone is surprised at all that blockchain technology will be used
by any military because blockchain technology is being used as part of the
current industrial revolution along with other new technologies. I would be
surprised by people being surprised.

[Al-e_x]

I always say that blockchain technology is able to adapt with any situation, even blockchain will give benefit to all government, financial, health, religious and military systems.

I think the benefits of blockchain for military institutions is as a commodity for storing weapons transactions, and recording every war strategy.

[coinwizard_]

Blockchain technology can streamline all sorts of government services, take a look at THEKEY which is a NEO based project working with Chinese government departments. Military will not be different in their quest to save money

[lubah]

The military always uses the most advanced technology. The Pentagon already has a quantum computer. What is surprising? the military - industrial complex uses the technology of the blockchain - this is the norm. All that is cost much develop, use now for military purposes and then in other less important areas.
China, Russia, the United States are superpowers that do not skimp on security costs.
But for some reason it seems to me that they will use centralized blockchain systems. It is not logical to show competitors your costs or development in blockchain network.

[solarion]

Blockchain technology can streamline all sorts of government services, take a look at THEKEY which is a NEO based project working with Chinese government departments. Military will not be different in their quest to save money

This technology utilization is happening but they were not taking the any crypto platform option being legally. If the government takes anything they doesn't look for the legitimate or anything.
But if the people want to use they are putting too much restrictions for them.
Since in democratic country still there is no power use on technology also openly.