GSA Official: Blockchain Procurement Prototype Is Moving Forward

The U.S. General Services Administration is bullish about a blockchain proof-of-concept aimed to streamline the IT procurement bidding process.

AccessTimeIconSep 6, 2017 at 9:00 a.m. UTC
Updated Sep 13, 2021 at 6:53 a.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 U.S. government could soon trim the time it takes to process an IT procurement bid using blockchain tech.

As CoinDesk reported in June, the General Services Administration (GSA) is in the early stages of developing a blockchain prototype that could one day replace FAStlane, a procurement system dedicated to IT projects. The initiative forms part of a wider bid within the GSA to investigate distributed ledger use cases, which itself constitutes one part of the U.S. government's wider blockchain effort.

Speaking with public sector IT website MeriTalk, Jose Arrieta, a director within the GSA's Federal Acquisition Service who oversees work on IT procurements, struck a bullish tone on the tech's prospects as it relates to the acquisitions process. He said that work continues on the FAStlane prototype, pointing to September 30 as a milestone in the proof-of-concept process.

Perhaps most notably, he suggested that approvals – which can take as long as a month, if not more – could happen in a matter of days should the tech be more widely implemented.

"The single most important thing about blockchain is that it creates transparency and accuracy between two entities," he told the publication, adding:

"We believe with blockchain we might be able to reduce the number of days to single digits."

Part of the equation, according to Arrietta, is the ability to "sew together" the different parts of the IT procurement process, with the idea being that different parts of that system can communicate with one another more effectively.

Conveyor belt image via Shutterstock


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; 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 to register and buy your pass now.