According to the ACC, the cryptocurrency analytics solution is being sought for use by the U.S. Army Criminal Investigation Command (USACIDC) for use in criminal investigations and other missions.
The United States Army Contracting Command (ACC) of New Jersey has issued a pre-solicitation notice for cryptocurrency investigation service providers.
As a pre-solicitation, posted on July 25, the notice and the ACC’s responses do not bind ACC to solicit or award a contract.
The notice outlines that the contractor must provide a cloud-based, online service – not reliant on hardware or software – that can assist law enforcement in identifying and pursuing actors using cryptocurrencies for illicit purposes such as fraud, extortion and money laundering.
The contractor should provide the source of the cryptocurrency transactions, with the capacity to offer multi-cryptocurrency analysis from Bitcoin to other major cryptocurrencies.
Other requirements include providing “real-time Bitcoin and other cryptocurrency transaction tracing”, including service attribution and identification, as well as being able to identify transaction patterns and interactions with other entities.
In fall 2018, a Diar report had revealed that U.S. government agencies had tripled their investment in blockchain intelligence firms that year.
The vast majority of 2018 blockchain intelligence government deals were reportedly contracted to New York-based blockchain analytics firm Chainalysis, which had – as of that date – signed deals with government agencies totaling $5.3 million.
This August, Cointelegraph reported that the U.S. Air Force had secured new contracts with smart contract startup Simba Chain and blockchain data management firm Constellation, with a focus on using the technology for supply chain and data management.
Meanwhile, in an interview earlier this month Grammy award-winning music artist and Bitcoin advocate Akon quipped that the value of fiat currencies such as the U.S. dollar is ultimately only sustained by military might.
US Air Force Will Use SIMBA Chain to Secure Its Supply Chain
The United States Air Force chose smart contract startup SIMBA Chain to provide the blockchain which will be used to secure its supply chain.
SIMBA Chain announced that it will secure the supply chain of the U.S. Air Force in a press release published on Aug. 26.
The company explains that long value chains are a security issue “especially critical in military applications, where hostile entities would attempt to obtain or modify critical data.”
The aim of the project is to coordinate distributed manufacturing on the field with blockchain. For now, SIMBA Chain is tasked with prototyping a blockchain approach for the registration and tracking of additive manufacturing components during their entire lifecycle.
The startup employs Microsoft’s Azure cloud platform, claiming that it rants “trust and reliability, key factors when providing support on the battlefield.”
The company wishes to decentralized parts manufacturing on the battlefield while maintaining data integrity, so “repairs to vehicles can’t be tampered with by a third party, as top-secret 3D printing plans could be transmitted to forward forces without unwanted surveillance.”
As Cointelegraph reported in December last year, the graduate school for the U.S. Air Force has developed an educational tool on blockchain technology for supply chain management.
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