The US Air Force Institute of Technology is promoting blockchain technology for supply chain management purposes. The military entity has developed a free tool to help professionals learn about blockchain and has posted a live blockchain application with video tutorials.
L & # 39; U.S. Air Force aims to increase trust and transparency towards the complex logistics network
The legacy system used by the army for its extremely complex logistics network will probably not match what the blockchain can do for the US Air Force. Technology is able to improve transparency and trust at all levels of a supply chain, thereby addressing some of the most pressing problems.
The armed forces struggle to trace the parts that are purchased and assembled in equipment in different regions and often used abroad. Current information systems are limited but they are easier to understand at first sight. Generalized accounting technology requires a longer learning curve, but it is likely to result in huge savings for the Defense budget and long-term US taxpayers.
The American Aerospace Institute of Technology (AFIT), which is a graduate school based in the United States for the armed forces of the United States, intends to incorporate video tutorials in classroom exercises or business meetings, reports Modern Materials Handling . The free education tool should enhance the know-how within the armed forces and, over time, be a determining factor in the destruction of the blockchain from within.
The introduction of blockchain technology to its supply chain operations will not take place in a day. It will take time, planning and the buy-in of decision makers throughout the organization.
AFIT has partnered with private supply chain security firm SecureMarking and the University of South Dakota Beacom School of Business to develop a multi-tiered supply chain scenario and blockchain application around it. The scenario involves an Air Force program manager that issues digital tokens that are assigned to components and then transferred from one company to another in the blockchain.
Only the Air Force program manager has full visibility on all components of the supply chain, but suppliers are able to add more information to a token. The scenario is intended to prepare the military responsible for the distributed nature of the blockchain in which each transaction is recorded permanently.
The scenario also leads to questions about a future blockchain chain application for the US Air Force supply chain, such as general chain visibility, incentive structure, the activities involved and the public or private nature of the blockchain.
In 2014, it was reported that the US Central Commands were studying bitcoins. The goal was to understand how cryptocurrency works in order to gain an advantage over offenders who could use it for terrorist financing purposes. The attorney general of the Bitcoin Foundation, Jim Harper, took part in a discussion with the military on this subject.
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