The US government will provide an $800 thousand grant to blockchain technology researchers

The US government will provide an $800 thousand grant to blockchain technology researchers

The US government will help fund a blockchain platform being developed by researchers at the University of California, San Diego, which will store scientific research data.

Subhashini Sivagnanam, a researcher and software developer at the University of California Research Center, has won a $818,433 grant from the National Science Foundation (NSF) to develop Open Science Chain, a distributed ledger that will help researchers access and validate data collected from scientific experiments.

NSF is a scientific organization that uses federal resources to fund research initiatives in the United States. NSF has previously funded a number of blockchain projects, including those related to cryptocurrency and blockchain technology opportunities.

Open Science Chain is “a web-based cyber infrastructure built using distributed ledgers that allows researchers to provide metadata and information supporting scientific data, and update this information as data sets change and evolve over time.” That is, the network will be a digital catalog of scientific works, which will be constantly updated with new information. Researchers will be able to have greater confidence in the data they use in their work.

The grant will be awarded from September 1, 2018 until August 31, 2021, in accordance with its terms.


According to coindesk.com

You May Also Like

22018-07-16

American Express is developing a Blockchain system for confirming payments

Payment giant American Express has begun developing its Blockchain system, which automatically assesses transaction risks and determines whether to approve or reject a payment transfer.

Blockchain
12018-07-26

IOTA and Audi enter into a partnership agreement

The IOTA Foundation takes a very thorough approach to researching transportation solutions on the blockchain. Therefore, such a headline is unlikely to come as a surprise to anyone.

Blockchain,

Latest articles from Blockchain category

Fresh video on our Channel