Yesterday, SIMBA Chain announced it was awarded additional funding of $1.5 million by the U.S. Air Force (USAF) for the second phase of a blockchain parts traceability project.
SIMBA Chain offers a smart contract as a service platform enabling enterprises and developers to deploy decentralized applications (Dapps) quickly. The company was borne out of a DARPA grant to the computing department of the University of Notre Dame and Indiana Technology and Manufacturing Companies (ITAMCO).
The company will be working with select aerospace equipment manufacturers who provide components to the USAF for the new contract, including “one of the world’s largest aerospace corporations”. SIMBA Chain will source three typical parts for case study analysis, assist with data modeling, and validate the solution with business case analysis.
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