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To understand the military implications of Blockchain technology, we must first recognize what benefits it would have for armies all over the world. Three of the main components of the Blockchain technology are distributed consent, immutability and anonymity. Currently, armies around the world have the ability to research and apply blockchain technology by evaluating proposals in areas such as logistics, procurement and finance. If you look at the Middle East and GDP, we could conclude which countries could lead in this military technological revolution. As a result, the four Middle Eastern countries whose defense spending exceeds 5% of GDP are already leaders in Middle Eastern civil blockchain technology, so the leap in military technology would not be that far.
According to a recent Reuters report of 10 July 2018, the Saudi Arabia Capital Market Authority has approved fintech licenses for Manafa Capital is Scopeer to provide crowdfunding investment services on a test basis. "In addition, we know that the Saudi National Bank is developing Blockchain technology for cross-border payments.The goal of the Kingdom, which currently spends 8.9% of GDP on defense, is to advance technology and provide capital for investment, at the same time improving the economy and the labor market.Once this will be successful, I believe that military applications will not be far behind.
Blockchain Solutions and Services CO (BSS) recently announced that it would launch the technology infrastructure necessary to promote the adoption and implementation of Blockchain technology and, quite interestingly, BSS is an entity supported by the Government of Oman. Thus, giving the BSS the legitimacy of a country that supports its projects. According to the CEO of BSS, the dott. Khalid MW Tahhan, ultimately "this effort is all about collaboration, it's a distributed source of truth, trust and consensus, and efficiency, speed and security are the key benefits for local businesses that can use this facility." Again, efficiency , speed and security are all the main components of a successful army, especially for a country that spends 8.4% of its GDP on defense.
Israel, internationally known as the "Startup Nation", currently spends 6.2% of its GDP on defense. The Israeli military and civil partnership has transformed the country into the epicenter for cyber security technology and entrepreneurship. Israeli incubators for all technology sectors are expanding with the creation of a new technology center outside Beersheva, thus combining widespread technologies, including the blockchain technology itself. According to the Israeli Blockchain Association, there are now more than 200 blockchain startups based in Israel, most of which are within fintech and core infrastructure protocols / sectors. The Israeli military prowess and the cooperation of the IWI (Israel Weapons Industry) with civil companies like Elbit, offer a smooth transition from the startups that transfer their knowledge and merge with the IDF and the IAF . As a result, thanks to this partnership, Israel is already at the forefront of the military adaptation of blockchain technology.
It is well known that the United Arab Emirates, which spend 5.4% of its GDP in defense, are at the forefront of Blockchain technology. Dubai 2020 is an important project for the future of this technology and the conference scheduled for the same year will have important implications for the region. The United Arab Emirates intends to become the first government operated by Blockchain, with the technology implemented in all sectors. If this is true on a civil level, it will undoubtedly also take place militarily. As a result, the United Arab Emirates could save around 25.1 million man-hours and over one billion dollars a year through the implementation of this technology. It is no great feat to conclude that the money saved would be used by the military and its application of blockchain technology.
As we can see, each of the 4 main countries mentioned above has the ability to exploit its knowledge of blockchain technology and integrate it into its military infrastructure. When a country's GDP expenditure is more than 5%, there is a willingness to look to the future and see how it is better to spend this money. Without a doubt, these countries will not want to invest capital in existing technologies, but rather in terms of integration and future progress. It is for this reason that I believe that military progress in blockchain technology will be guided by the aforementioned countries in the Middle East.
Rabbi to the Ahavath Sholom Congregation in Fort Worth, Texas
Co-Chair of Fort Worth Task Force on Race and Culture
Steering Committee of Compassionate Fort Worth
Faith Based Committee Fort Worth Stock Show and Rodeo
AIPAC Supporter
CUFI supporter
Jewish representative at CUFI events
Ordered at the Schechter Institute in 1999
Certified Blockchain expert with specialization in Middle Eastern business
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