South Korea’s Military Acquisitions Agency Plans Blockchain Pilot

The South Korean agency charged with military acquisitions has launched a blockchain pilot project aimed to improve business operations in the defense sector.

The Defense Acquisition Program Administration (DAPA) announced Wednesday that the effort would involve building a blockchain platform to, among other benefits, prevent “illegal alteration” of defense business data.

Working with DAPA on the initiative are Korea’s Agency for Defense Development and Defense Agency for Technology and Quality. Together, the three agencies hope to improve the “credibility” of defense procurement operations by recording the acquisitions process, from initial bids to final evaluation, on the blockchain Read More...

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