Indiana-based blockchain company SIMBA Chain, which has been working on various projects with the US military in recent years, has received a $30 million funding round.
According to a January 31 United States Air Force (USAF) announcement, the military has invested $30 million in Simba as part of its objective of “identifying and advancing technologies that could secure future dominance.” Approved the Strategic Financing Increase (STRATFI).
Simba will receive $1.5 million from the USAF in 2020 to research and develop blockchain technology for supply chains, and another $1.5 million the next year for the United States Navy (USN). worked on something similar.
Therefore, the $30 million STRATFI represents a significant increase in investment in Simba, arguably where blockchain technology is critical for the US military to secure its supply chain for weapons and other equipment. It reflects what we think there is.
｜Translation: coindesk JAPAN
｜Editing: Toshihiko Inoue
｜Original: Blockchain Company SIMBA Chain Received $30M Funding Increase From US Air Force
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