US Government Awards $600k in Grants for Blockchain Projects

The US Department of Homeland Security (DHS) has awarded as much as $600,000 in grants to companies working on blockchain applications.

AccessTimeIconJun 10, 2016 at 7:58 p.m. UTC
Updated Sep 11, 2021 at 12:19 p.m. UTC
10 Years of Decentralizing the Future
May 29-31, 2024 - Austin, TexasThe biggest and most established global event for everything crypto, blockchain and Web3.Register Now

The US Department of Homeland Security (DHS) has awarded as much as $600,000 in grants to six companies working on blockchain applications for the government.

According to a press release from earlier this week, the department’s Science and Technology Directorate has parceled out $3.1m in grants to 29 small businesses based in the US in areas focused on data analytics, connected devices and blockchain. Each company received about $100,000, the government said.

The funds came from the agency's Small Business Innovation Research (SBIR) program, following a solicitation period that began in December.

For the "applicability of blockchain technology to identity management and privacy protection", grants were awarded to four companies: Digital Bazaar, Inc., Respect Network Corporation, Narf Industries LLC and Celerity Government Solutions LLC.

Two additional grants, for "blockchain applications for homeland security analytics", were given to BlockCypher and RAM Laboratories LLC.

The grants come as governments worldwide, including the US government, look at the idea applying blockchain-based solutions to various areas.

Government interest grows

, the Defense Advanced Research Projects Agency (DARPA) announced that it was seeking a “secure messaging system” using a “decentralized ledger” for broadcasting encrypted communications.

Military alliance NATO has also indicated interest in this area, announcing a technology innovation contest in May. At the time, the agency said that this system would hypothetically see battlefield applications, as well as broader use for functions within the Department of Defense.

Other governmental organizations globally have pursued similar projects.

Last month, the Commonwealth Secretariat, the executive arm of the 53-member Commonwealth of Nations, unveiled a messaging app designed for law enforcement applications that uses the technology for establishing identity.

Disclosure

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.


Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.