Estimated reading time: 0 minutes, 22 seconds

Simba Chain Gets $9.5M Navy Contract to Develop Secure Messaging with Blockchain

The Naval Air Warfare Center gave Simba Chain, a software startup company, close to $10 million to create a secure messaging platform utilizing blockchain technology. So reports Cointelegraph.

blockchain 3277336 640smallThe Naval Air Warfare Center, a research group based in California, asked Simba Chain to “install a safe avenue for communication and transaction, built on the blockchain for the Department of Defense.” Additional contracts and blockchain research are expected to follow.

Read the full article from Cointelegraph.

Read 3438 times
Rate this item
(0 votes)

Visit other PMG Sites:

PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.