On Blockchains: The Hype, the Technology, and Potential Applications for the Department of Defense

Abstract

Blockchains particularly, the cryptocurrencies they enable rank among the most-hyped technologies of the 21st century, but their potential uses range far beyond crypto. Blockchains provide a means of securely recording data that ensures the data's confidentiality, integrity, and availability essential characteristics of a modern, secure system that can provide immense value to the Department of Defense (DoD). This paper attempts to cut through the hype around blockchains and looks at them as a foundational technology that may affect how DoD operates now and in the future.

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Document Details

Document Type
Technical Report
Publication Date
Jan 01, 2024
Accession Number
AD1230967

Entities

People

  • Michelle G. Albert
  • Steven P. Wartik

Organizations

  • Institute for Defense Analyses

Tags

Fields of Study

  • Computer science
  • Mathematics

Readers

  • Cybersecurity.
  • Economics