The US government`s main logistical agency is investigating blockchain as a potential way to reshape its contract review process. According to a re
The US government`s main logistical agency is investigating blockchain as a potential way to reshape its contract review process.
According to a request for quotation published on June 19., the General Services Administration is seeking a contractor to help it assess how blockchain could be integrated into FAStline, a system launched last year. On its official website fbo.gov. , the agency wrote:
“The purpose of this RFQ is to obtain contractor support to develop a proof of concept for DLT (Distributed Ledger Technology), automated machine learning technology, and/or artificial intelligence based exchange implementation into GSA’s Multiple Award Schedule (MAS) FAStlane new offer proposal review processes.”
Moreover, any blockchain-related implementation is required to be “cryptocurrency agnostic and not monetize mining”, as well as able to support smart contracts, as coindesk.com revealed in a report.
In addition, the system should constitute “a permissioned ledger that uses multiple cloud platforms for redundancy and high-availability and key management”, as the publication added.
As a GSA official told a Washington, DC radio station, the agency is trying to investigate how the technology can assist federal agencies.
While in proof-of-concept, the GSA`s request indicated that blockchain technology could potentially be used in the public sector.
The logistical agency said that the request is open to bids until July 10.