US Federal Agency Awards Blockchain Research Project With $818K

Alex Dovbnya
NSF shows support for Blockchain
US Federal Agency Awards Blockchain Research Project With $818K
Cover image via U.Today

The National Science Foundation (NSF), an independent US government agency, has allocated more than $818,000 in order to fund a Blockchain-powered project that will increase the efficiency of scientific data management. 

The project aims to form a brand-new ecosystem for scientists to exchange the data about their recent experiments and update it in real time. It makes sure that researches are dealing only with legit information by implementing a system of verification. 

Notably, this is not the first time when the NFS, which is known for supporting ‘high-risk, high-reward’ projects, is laying eyes on the Blockchain

About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets, can be contacted at alex.dovbnya@u.today.