Trump Signs Defense Bill Authorizing Blockchain Study

U.S. President Donald Trump has signed a $700 billion military spending bill that includes a mandate for a blockchain cybersecurity research study.

As CoinDesk reported in September, the bill – as advanced by the U.S. Senate at the time – called for the Department of Defense to investigate “potential offensive and defensive cyber applications of blockchain technology and other distributed database technologies.”

The language itself is part of the wider Modernizing Government Technology Act (MGT), which focuses on improving the government’s IT and cybersecurity systems.

The blockchain study, according to the latest version of the text (which was ultimately signed earlier today by Trump), will constitute “an assessment of efforts by foreign powers, extremist organizations, and criminal networks to utilize such technologies;…[and] an assessment of the use or planned use of such technologies by the Federal Government and critical infrastructure networks.” […]

Read Full: Trump Signs Defense Bill Authorizing Blockchain Study