US Science Foundation To Fund Blockchain Research

US Science Foundation To Fund Blockchain Research

The US National Science Foundation (NSF) seeks funding to research how technologies like blockchain can improve cyber infrastructure, as reported by c

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The US National Science Foundation (NSF) seeks funding to research how technologies like blockchain can improve cyber infrastructure, as reported by cryptocoinnews.com.

The title of the program is Innovation for Cyberinfrastructure (CICI), meaning that they will work to develop and deploy hardware and software technologies and techniques to protect research cyberinfrastructure across every stage of the scientific flow, stated NSF on nsf.gov.

“Projects must demonstrate strong security architecture and systems security engineering generalizable across a diverse scientific workflow. Technical solutions must be driven by at least one scientific community, facility or project.”, stated NSF`s proposal available at https://www.nsf.gov/pubs/2017/nsf17528/nsf17528.htm.

According to their proposal, research cyberinfrastructure environments have become increasingly complex. As a result, loss of data and system anomalies appear to be serious issues which need to be tackled.

To deal with these issues, NSF aims to achieve funding amounting to $8,5 million. “Resilient Security Architecture for Research Cyberinfrastructure awards will be supported at up to $1,000,000 total per award for up to three years. Cybersecurity Enhancement awards will be supported at up to $1,000,000 total per award for up to two years.”, stated the organization in their proposal.

Blockchain Solutions

Solutions powered by the Blockchain technology are also within NSF`s areas of interest. “Solutions such as the introduction of blockchain technology are needed to ensure the integrity and confidentiality of data as it traverses multiple environments such as mobile, cloud, campus, and Internet networks.”, wrote NSF in their proposal.

Back in 2015, the agency awarded $3 million to research cryptocurrencies. Researchers from Cornell, University of Maryland and UC Berkley have worked to define a “rigorous scientific foundation” for cryptocurrency. This funding scheme is to be available until June 2018.

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