US State Department Looking to Increase Blockchain as Part of $10 Billion Reboot – Bitcoints

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Published on October 12th, 2017 | by bitcoin

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US State Department Looking to Increase Blockchain as Part of $10 Billion Reboot

We’re interested to learn whether blockchain technology can have direct applications to many of the key features of our proposed redesign.”
Tillerson first proposed the redesign, which seeks to save as much as $10 billion over five years, in September.
And while Sullivan acknowledged blockchain isn’t a “panacea” to the agency’s problems, he emphasized that he’s keen to see the technology used to improve internal processes and capture efficiency gains.
U.S. wakes up
Yet, the State Department’s forum comes amid increasing interest by government agencies throughout the world to understand and harness the technology.
Sullivan’s bullish remarks, coupled with growing interest from the State Department and other agencies within the U.S. government, are being well-received by the blockchain community.

Source: Www.coindesk.com



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