A press release late last week announced that blockchain startup
SIMBA Chain has been awarded a five-year, $9.5 million contract
with the U.S. Navy "to deploy a secure, blockchain-based
messaging and transaction platform, a critical need of the U.S.
Department of Defense (DoD)." The contract is a Small Business
Innovation Research (SBIR) Phase III contract that is a follow-on
to an earlier contract for a working prototype. In the Phase III
contract, SIMBA Chain "will focus on commercialization and
full-scale implementation of the platform."
In other enterprise news, a major U.S. bank and a leading U.S.
blockchain development firm are reportedly engaged in discussions
related to a potential merger between the blockchain development
firm, which focuses on Ethereum applications, and the bank's
unit focused on the Quorum blockchain. According to another recent
report, Hedera Hashgraph, an emerging proof-of-stake
public/permissioned network, has selected the cloud service
