blockchain technology

Blockchain Technology Adaptation and Application List Announced by the US General Services Agency

The List of could be applications for Blockchain technology by the Us General Services Agency (federal Government) has been reported on the new information channel.

The Interest in the “future technology” is being shown very reflecting to the community and public by what GSA stated. Also other US Federal Agencies are pulled by the technology:

“We hosted the first U.S. Federal Blockchain Forum on July 18, 2017, uniting more than 100 federal managers from dozens of unique agencies to discuss use cases, limitations, and solutions. Agency teams submitted their own potential use cases for Blockchain technology to our current repository of almost 200 submissions.”

List of the possible Blockchain applications

According to the GSA, the technology can be used in such fields as procurement, foreign aid, and visa issuance.

Other federal agencies suggested several potential applications of the technology. Among them are:

  • Federal assistance and foreign aid delivery

  • Appropriated funds

  • Government-issued credentials like passports, Social Security number (SSN), and birth certificates

  • Information technology (IT) asset and supply chain management

  • Procurement

  • Royalties

  • Smart contracts

  • Patents, trademarks, and copyrights

  • Financial management

  • Federal personnel workforce data

Other federal agencies showing interest in Blockchain

Several US federal agencies are also studying the possible use cases of Blockchain in supporting their delivery of public services. Among these agencies are the State Department and the Department of Health and Human Services.

In June 2017, the department has reportedly created a new working group called “Blockchain@State” to focus on Blockchain technology.

In early 2017, the Department of Health and Human Services conducted a hackathonwhose main theme is on Blockchain applications. Earlier, the agency has called for research papers on the technology.

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Original Author: Joshua Althauser

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