Meet the DC Advocacy Org Helping Put Blockchain on the US Military's Radar

The D.C.-based Value Technology Association helped lead the charge in requiring the U.S. Department of Defense to consider the benefits of blockchain technology.

AccessTimeIconJan 16, 2020 at 4:00 a.m. UTC
Updated Sep 13, 2021 at 12:08 p.m. UTC
10 Years of Decentralizing the Future
May 29-31, 2024 - Austin, TexasThe biggest and most established global hub for everything crypto, blockchain and Web3.Register Now

Later this year, the U.S. Department of Defense (DoD) will give a report to Congress about ways in which blockchain technology might enhance the work of the U.S. military.

The D.C.-based Value Technology Association (VTA) helped lead the charge in requiring DoD to put together such a hearing, VTA President Jason Brett said in a video interview with CoinDesk at the Consumer Electronics Show (CES) in Las Vegas last week.

"What our Value Technology Foundation worked on was a blockchain briefing,” Brett said. “We wanted the military to look at it so they could invest a long period of time in how the blockchain could evolve into something as strong as the internet.”

Such a report could be a boost to the broader industry. "It requires the military to share with Congress how there might be some private-sector use cases that might be adopted from the way the military might use the blockchain," Brett explained. 

The blockchain language appears in the conference report based on language in Section 255 of Senate Bill 1790, which passed and was signed into law on Dec. 20. Brett's organization collaborated with the office of Rep. Darren Soto (D-Fla.) to get the language into the report.

The same annual bill has been previously used for similar investigations. In 2017 it launched a cybersecurity study, for example. NATO also recently explored roughly the same topic as this latest requirement. 

Risks and rewards

Naturally there is the danger the report will come back with a negative view of the technology. 

"That's obviously the risk you take when you have one of these hearings," Brett said. His organization will attempt to frame the issue ahead of any research by the department, however. "We are writing a white paper right now with eight companies."

This white paper will explain some of the ways that blockchain could be useful. So, for example, the military is already working on using additive printers to distribute parts rather than shipping them. Such plans could be distributed securely using a distributed ledger, Brett said. The Value Technology Foundation is the latest entrant into blockchain advocacy world in D.C., only founded in June 2019. Brett previously worked for the Chamber of Digital Commerce and ConsenSys.

Disclosure

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 Block.one; 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 consensus.coindesk.com to register and buy your pass now.