Join Our Mailing List
Sunday February 05, 2023
Bitcoin (BTC) $23,339.25   Ethereum (ETH) $1,667.02
  • Events
  • News
    • Blockchain Technology
    • Capital Raising
    • Crypto Exchanges
    • Crypto Payments
    • Gaming & Betting
    • Investment Management
    • M&A
    • Mining
    • Networks & Protocols
    • Security
    • Vendor Technology
    • Wallets
Trezor Model T
CryptoNinjas
  • Crypto & Blockchain Links
  • Real-Time Market Data
  • Bitcoin ATM Map
  • Token Offerings/Listings
No Result
View All Result
CryptoNinjas
Home Vendor Technology

SIMBA Chain awarded $9.5M from U.S. Navy to deploy blockchain-secure messaging solution

Published by CryptoNinjas.net
02/06/2020
SIMBA Chain awarded $9.5M from U.S. Navy to deploy blockchain-secure messaging solution

SIMBA Chain, a blockchain technology company and smart contracts platform, today announced it has been awarded a five-year Small Business Innovation Research (SBIR) Phase III contract from the Naval Air Warfare Center in San Diego, Cal., to deploy a secure, blockchain-based messaging and transaction platform. A critical need of the U.S. Department of Defense (DoD); this $9.5 million award is the first and one of the largest SBIR Phase III for blockchain.

The sole-source, non-compete SBIR Phase III contract is categorized as a Basic Ordering Agreement with a Delivery Order. SIMBA Chain has completed Phases of an earlier SBIR award, during which they created a model decentralized messaging and transaction platform mapped to DoD constructs and tested a working prototype. In Phase III, SIMBA Chain will focus on commercialization and full-scale implementation of the platform.

Communications Secured

SIMBA Chain’s cloud-based blockchain platform will meet a primary objective to rapidly provide NAVWAR, communication system hardware and software, modernization and sustainment capabilities for both land and sea assets that play a role in undersea systems communication by connecting the blockchain fabric from seabed to space.

This RDT&E support includes a customized distributed ledger technology for secure messaging, research of supply chain and logistics, evaluation of engineering, life-cycles, software and modernization, and financial transactions.

Blockchain provides Navy and non-Navy federal organizations with data gathering and evaluation, technical integration engineering support, research for integration plan documentation, financial management evaluation. The project will facilitate increased velocity and breadth of communication among partners in the naval, sea and aviation enterprise.

“This is a win not just for SIMBA and our partners, but also for the DoD, which has pursued with single-minded focus, a solution to conduct sensitive, mission-critical operations in a manner that is immutable and non-refutable. We plan to deliver a ‘bulletproof’ platform that meets all objectives.”
– CEO of SIMBA Chain Joel Neidig

SIMBA Chain is one of the first blockchain solutions providers to the U.S. military, beginning with deploying blockchain at full scale with the Navy.

“We’re supporting the DoD’s vision and SIMBA Chain’s expertise through Microsoft Azure’s vast cloud infrastructure and ability to scale globally, quickly, reliably and securely. Microsoft Azure leads the industry with over 90 compliance offerings, meeting a broad set of international and industry-specific regulatory standards. Advancing the implementation of the Navy’s messaging platform presents a unique opportunity to transform the industry surrounding sensitive information at a time when data security is paramount.”
– Tom Keane, Corporate Vice President, Azure Global at Microsoft

32
SHARES
FacebookTwitterLinkedinRedditE-MailTelegram

Related News

Blockchain platform SIMBA Chain teams with Polygon to enhance Web3 biz dev

03/17/2022
Blockchain platform SIMBA Chain teams with Polygon to enhance Web3 dev

SIMBA Chain, a chain-agnostic API development platform, today has announced that it will integrate with Polygon, the popular platform for Ethereum scaling and infrastructure development, in efforts to further enhance Web3 adoption and development....

Read more

Cloud-based blockchain platform SIMBA Chain raises $25M in Series A funding

09/01/2021
Cloud-based blockchain platform SIMBA Chain raises $25M in Series A funding

SIMBA Chain, a platform to develop and deploy decentralized applications (dApps) across many blockchains, announced today it raised $25 million in a Series A round led by Valley Capital Partners. A startup incubated at...

Read more

Welding startup WeldChain to utilize SIMBA Chain to optimize and secure working process

06/07/2021
Welding startup WeldChain to utilize SIMBA Chain to optimize and secure working process

It was announced today that a welding start-up with a strategy for optimizing working processes has partnered with blockchain platform SIMBA Chain as well as software developers Flexsible to enable better documentation and communication...

Read more

SIMBA Chain expands to Avalanche blockchain enabling low-code smart contract deployment

03/02/2021
SIMBA Chain expands to Avalanche blockchain enabling low-code smart contract deployment

SIMBA Chain, a cloud-based Smart Contract as a Service (SCaaS) platform, today announced it is expanding to Avalanche, accelerating its mission to simplify decentralized technologies for builders of all skill sets. By integrating with...

Read more
Load More
Leave Comment

Where to Exchange

Leading crypto suite in Spain & LATAM Visit
European bitcoin exchange Visit
Swap & buy 150+ cryptocurrencies Visit
First U.S. regulated BTC exchange Visit
  • Trending
  • Latest
Trust Wallet launches anticipated browser extension of its crypto management app

Trust Wallet launches anticipated browser extension of its crypto management app

11/14/2022
ETH infrastructure platform Blocknative adds TX bundles, cancellation, and replacement support

ETH infrastructure platform Blocknative adds TX bundles, cancellation, and replacement support

02/02/2023
Where Exactly Can You Spend Monero Cryptocurrency?

Where Exactly Can You Spend Monero Cryptocurrency?

10/20/2021
6 Best Cloud Mining Platform In 2022

6 Best Cloud Mining Platform In 2022

11/20/2022
ETH infrastructure platform Blocknative adds TX bundles, cancellation, and replacement support

ETH infrastructure platform Blocknative adds TX bundles, cancellation, and replacement support

02/02/2023
Crypto derivatives exchange Deribit to put in place trade surveillance platform from Eventus

Crypto derivatives exchange Deribit to put in place trade surveillance platform from Eventus

01/24/2023
Crypto exchange Gemini launches new electronic OTC trading solution

Crypto exchange Gemini launches new electronic OTC trading solution

01/19/2023
Crypto securitization platform-GenTwo links to all Coinbase assets

Crypto securitization platform GenTwo links to all Coinbase assets

01/14/2023
  • Home
  • Directory
  • Data
  • About
  • Contact
SUBSCRIBE

© 2016 - 2023 CryptoNinjas Disclosures | Privacy Policy

  • Home
  • Crypto Links
  • Market Data
  • Blockchain Tech
  • Exchanges
  • Capital Raising
  • Vendor Technology
  • Token Offerings/Listings
  • Payments
  • Wallets
  • Bitcoin ATM Map
  • Conferences & Events
  • About
  • Contact
No Result
View All Result

© 2016 - 2023 CryptoNinjas Disclosures | Privacy Policy