Federal agencies have turned to blockchain for their transparency, efficiency, security, and resilience. According to Fed Tech, several federal agencies such as the US Food and Drug Administration (FDA) and the Treasury Department have started using the blockchain.
where officials at the US Food and Drug Administration needed an effective method to help them track the data on the swine flu (H1N1) virus that had started spreading in the past year 2017. Of course, FDA officials found no better way than to adopt Blockchain technology.
Henry Francis, Associate Director of Data Mining, Evaluation and Informational Research at the Center for Drug Evaluation and Research of the Food and Drug Administration, has successfully developed a blockchain-based app that automatically enables them to obtain Real-time encrypted data from multiple sources.
where Francis explained that the Real-Time Application for Portable Interactive Devices (RAPID) program is one of the first complete implementations of Blockchain technology in the federal government, but interest in this technology is growing .
Blockchain and Management
The Treasury's Office of Financial Innovation and Transformation (FIT) has also begun to adopt blockchain. Its first app was mobile device tracking while its second was software license management. The Office of Financial Transformation and Innovation is also testing whether the use of blockchain can improve grant payment processes in collaboration with the National Science Foundation.
Craig Fisher, Office of Financial Transformation and Innovation Project Manager, said early blockchain trials have shown promising but indicated that the Office of Innovation and Financial Transformation needs to know more about technology. To manage them more efficiently and match them to better use cases.
The Department of Health and Human Services (HHS) is also using distributed records technology to increase its wholesale purchasing power, reduce reporting burden, reduce costs for industry partners and improve record keeping of vendor transactions.
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The US Food and Drug Administration (FDA) is also studying how it can use blockchain to track and manage food safety threats across the country's broad and decentralized diet and increase transparency in Medicines supply chain. And the USDA has already certified Beef Chain, the blockchain company that tracks the beef supply chain.
(Amazon Fun Knowledge)