STRATFI will accelerate the development of SIMBA's blockchain platform, SIMBA Blocks, which delivers in-transit visibility and supports the US Air Force’s strategic mission.
. The initiative is focused on identifying and advancing technologies that could secure the future dominance of the U.S. Air Force.to develop blockchain applications in supply chain management and programs that will be used by several government organizations, including the Office of the Undersecretary of Defense for Research & Engineering, the USAF, the U.S. Navy, the U.S. Army and the Defense Logistics Agency.
SIMBA Chain has a long-standing relationship with the Department of Defense, having developed variousto improve critical USAF activities, such as budget tokenization for better accounting and tracking of essential components for the air service branch. The STRATFI initiative will accelerate the development of SIMBA's blockchain platform, SIMBA Blocks, which supports USAF's strategic mission.
Bryan Ritchie, CEO of SIMBA Chain, views the STRATFI initiative as a strong demand signal for blockchain technology and an opportunity to increase adoption within the commercial industry. He said,"Given the interconnectedness of the DoD supply chain, it also signals an opportunity to collaborate and increase adoption within the commercial industry."
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