in ,

Report: Federal Agencies Issue Solicitations for Blockchain-Related Contracts

Report: Federal Agencies Issue Solicitations for Blockchain-Related Contracts - top government contractors - best government contracting event
https://executivebiz-media.s3.amazonaws.com/2022/08/19/30/9f/c3/a0/b7/6f/d4/64/Executive-Biz.png

Report: Federal Agencies Issue Solicitations for Blockchain-Related Contracts - top government contractors - best government contracting eventBlockchain is likely to gain traction in the federal government in the next fiscal year as agencies seek offers for contracts related to the distributed ledger technology, Bloomberg Government reported Thursday.

The Office of Personnel Management, Food and Drug Administration and the U.S. Postal Service are among the agencies that have issued solicitations for contracts that consider blockchain as a supplementary or primary requirement to enhance processes.

BGOV said agencies have spent $8.4 million on blockchain-related contracts since fiscal 2015 and some of the vendors that have secured government work in this field include Chainalysis, BlockCypher, United Solutions and Digital Bazaar.

The report noted that the departments of State, Homeland Security and Treasury have launched pilot programs to assess blockchain’s potential use in asset management, anti-human trafficking efforts and supply chain management.

ExecutiveBiz Logo

Sign Up Now! ExecutiveBiz provides you with Daily Updates and News Briefings about Government Technology

mm

Written by Jane Edwards

is a staff writer at Executive Mosaic, where she writes for ExecutiveBiz about IT modernization, cybersecurity, space procurement and industry leaders’ perspectives on government technology trends.

Booz Allen’s Horacio Rozanski: US Needs National Strategy for AI Tech to Compete With China - top government contractors - best government contracting event
Booz Allen’s Horacio Rozanski: US Needs National Strategy for AI Tech to Compete With China
Dell EMC’s Steve Harris: Automation, Cloud Platforms Could Help Agencies Manage ‘Technical Debt’ - top government contractors - best government contracting event
Dell EMC’s Steve Harris: Automation, Cloud Platforms Could Help Agencies Manage ‘Technical Debt’