The Central Intelligence Agency (CIA) launched a new research and develop laboratory on Monday that features blockchain technology among its focus areas.
- CIA Labs' webpage said the labs will research "distributed ledger/blockchain-enabled technologies" alongside other tech stacks: wireless telecommunications, quantum computing, artificial intelligence and data analytics, to name a few.
- Officers who develop tech inventions in the lab will be permitted to patent, disclose and partially profit from their work, according to MIT Technology Review.
- MIT's reporting notes the labs will give CIA a useful incentive to woo tech talent that might otherwise turn to Silicon Valley's giants.
- That the CIA, one of the U.S. intelligence community's two code-breaking hubs, would take an interest in researching a technology secured by cryptography should come as no surprise to observers.
- The Block first reported CIA Labs' blockchain focus.
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.