Militaries across the world are always looking for cutting-edge technologies to get a leg up on the competition. Blockchain is certainly not escaping scrutiny.
Officials inside of defense agencies are particularly interested the technologys distributed consensus and anonymity capabilities.
NATO has been looking into blockchains use cases in regards to military logistics and procurement, and are also studying how it could mesh together with other cutting-edge concepts like the IoT.
So far, the United States, Russia, and China seem to express the most interest in researching how blockchain can be used for purposes related to the military, general national defense, and for cyber-related endeavors.
A CHANGING MILITARY LANDSCAPE
In the United States, entities related to the military have been looking into blockchain for a while. The 2018 National Defense Authorization Act, Section 1646 calls for the assessment of blockchain for military employment purposes.
Recently, the U.S. Naval Air Systems Command said they were looking into blockchain to help keep tabs on aviation parts, which could help lower the costs of operating and maintaining military aircraft.
Others speculate the technology could be rolled out by the Department of Defense (DoD) to manage nearly $100 billion dollars worth of inventory.
A Government Accountability Office report from 2015 specifically highlighted issues with the DoDs systems for tracking and delivering supplies, something which blockchain has partially helped solve in other (non-military) areas, like the palm oil industry.
Besides the United States, Russian military officials have also been exploring use cases for blockchain.
Source: https://bitcoinist.com/china-russia-usa-blockchain-military/
This is getting very more interesting, no wonder ETF regulation is very important to the US Government.