South Korea’s Defense Acquisition Program Administration (DAPA) has launched a programme to encourage local industry to develop blockchain technologies for military applications.
DAPA said on 15 January that the project, through which the agency is offering domestic industry access to funding, is intended to “develop new platforms and services using blockchain technology”.
It said the funding is available to large and small companies in the country and that selected blockchain projects would be presented with opportunities to integrate solutions into South Korea’s efforts to develop and procure 4th Industrial Revolution (4IR) technologies.
The 4IR emphasis has been outlined in South Korea’s Defence Industry Development Plan, which was introduced in 2018 and calls for greater focus on industry investment in the development of technologies including robotics, artificial intelligence (AI), big data analytics, and autonomous systems.
*This post is credited to Janes