US Federal agencies Adopted Blockchain As Viable Solutions For Numerous Issues

By Chris Torres | September 1, 2020

A significant number of federal entities have reportedly been utilizing blockchain for its distinctive features – transparency, efficiency, security and flexibility.

Specifically, numerous US-based federal agencies, nominally the U.S. Food and Drug Administration (FDA), or the Department of Treasury, have reportedly started to incorporate blockchain into their system. 

Representatives at the US FDA were reportedly looking for a method assisting them in data tracking on the H1N1 swine flu virus, which has been a problem again with its spread in 2017. Ultimately, they have come to blockchain as the most viable solution for the matter. 

Henry Francis, associate director for data mining and informatics evaluation and research at the FDA’s Center for Drug Evaluation and Research, reportedly revealed the successful status in the project for designing a blockchain-powered app, allowing for automation of encrypted data securing, in a real-time manner, from different sources. 

Francis provided his explanation, reportedly claiming that the real-time Application for Portable Interactive Devices (RAPID) program is among the first full-blown blockchain-based projects to be integrated in federal agencies, but interest in the tech is experiencing a surge. 

The Department of Treasury’s Office of Financial Innovation and Transformation, or FIT, also utilized blockchain to ease their issues. Firstly was for resolving mobile devices tracking tasks, and the second was reportedly for software licenses management.

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