Blockchain technology solutions provider Simba Chain has been selected by the U.S. Air Force (USAF) to participate in the $30 million Strategic Technology critical Initiative (STRATFI). The initiative focuses on identifying and promoting expertise that will ensure the dominance of the United States Air Force in the future.

According to the announcement, the project investment will be used to develop the supply chain and blockchain technical program flow in the project, which will be used by many government departments. it includes the office of the Secretary of Defense for research and engineering projects, the United States Air Force, the United States Army, and the Defense Logistics Agency.

Simba Chain has a long-term relationship with the Department of Defense and has developed a variety of blockchain technical procedures to change key Air Force activities, such as cost budget dynamic password, to better calculate and track the most basic components of the air service branch. The STRATFI initiative will accelerate the development of the SIMBA blockchain platform, and SIMBA BLOCKS is suited to the strategic mission of the U.S. Air Force.

Simba ChainCEO Bobby Herbert believes that the STRATFI initiative should be a clear data signal for blockchain technology, as well as a good opportunity to boost adoption in the business sector. "because of the interconnection of the Defense Department's industrial chain, it also marks a good opportunity to cooperate and improve adoption in the business industry," he said. "

As mentioned above, this is not the first time the US Air Force has tried blockchain applications. In June of this year, Cointelegraph reported that the US Air Force had already used Simba Chain to develop a budget and accounting information system to track and monitor the military's cash flow and its supply chain management quality and management methods.

The overall goal of the program, called data blockchain Technology cost Accountability and tracking (DiBaT), is to identify all dollars in the Air Force supply chain management budget and track funding operations among fee cores, acquisition elite teams, and suppliers.