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

2502022-01-05

Airbnb CEO Considers Adding Cryptocurrency Payments

On Monday, Airbnb CEO Brian Chesky tweeted a poll asking customers' wishes for 2022. The majority chose payment in cryptocurrencies.

Blockchain, News
3112018-09-11

A subsidiary of Stellar, in the process of merging with a new startup, will change its name to Interstellar

Lightyear is about to merge with blockchain startup Chain. According to a Stellar blog post, Lightyear is a not-for-profit company that was created to enable innovative financial institutions to easily join the Stellar ecosystem.

Blockchain, Investments

Latest articles from Blockchain category