Yesterday, blockchain firm SIMBA Chain announced it was awarded a $9.5 million contract by the Naval Air Warfare Center to deploy a secure blockchain-based messaging and transaction platform.
The U.S. Navy awarded the five-year Small Business Innovation Research (SBIR) Phase III contract to SIMBA after previous collaborations with SIMBA Chain. The award is one of the largest for blockchain.
In earlier work, SIMBA created a model decentralized messaging and transaction platform based on Department of Defense (DoD) requirements and tested a working prototype. Now, it will focus on commercialization and full-scale implementation of the platform.
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