• Fri, 26 Apr 2019, 12:36 AM
  • All times are UTC
  • Edition:
Link copied

SPA, Factom partner to bring blockchain technology to federal government

Wed, 06 Feb 2019, 07:32 am UTC

Systems Planning and Analysis (SPA), a U.S.-based company providing technical and analytical support to national executive decision makers, has partnered with blockchain startup Factom to expand the federal government's access to blockchain technology.

Founded in 2014, Factom is an Austin-based company that specializes in building scalable blockchain technology to handle complex enterprise data and volume. It uses blockchain and electronic signatures to offer state-of-the-art data integrity and trust solutions, which assure that recorded data has not been altered.

Paul Snow, CEO of Factom, said that the Factom Blockchain is well positioned to support the incredibly large opportunity for blockchain technology within the government segment.

"Integrity of data in any form is a perfect use case for blockchain and we look forward to applying our independently verifiable, proof of record systems with SPA,” he said.

Together, the companies will focus on exploring the application of blockchain technologies to the Department of Defense (DOD) and federal customers. SPA will bring its knowledge of DOD and federal customer's challenges, which, combined with Factom's blockchain technology solutions, will help develop actionable solutions that improve efficiency and security for key federal organizations.

"Paul Snow and his team at Factom are leading providers of blockchain-as-a-service and are uniquely positioned to grow in the defense industry through their work with the Department of Homeland Security," said Matt Ives, Director of Business Operations for Surety Programs Group at SPA.

<Copyright © TokenPost. All Rights Reserved. >

The commenting service is available only after having logged in.
  • Bitcoin (BTC) $5,184.78 (-5.32%)
  • Ethereum (ETH) $152.65 (-7.94%)
  • XRP (XRP) $0.288400 (-4.57%)
  • Bitcoin Cash (BCH) $265.90 (-5.07%)
  • Litecoin (LTC) $70.66 (-3.90%)
  • Bitcoin (BTC) $5,184.78 (-5.32%)
Apr 25, 2019 (Thursday)
Sumitomo Mitsui Banking Corporation to launch services on Marco Polo blockchain
Brave rolls out new opt-in feature to reward users with BAT tokens for viewing ads
China’s FX reserve regulator to pilot blockchain-based cross-border trade finance platform
NTT’s Thai subsidiary to open innovation lab with focus on Blockchain, AI, IoT
US SEC’s FinTech Forum to discuss DLT innovations and use cases for financial markets
Crypto wallet startup Ledger secures investment from Samsung amid leadership changes
MUFG-backed Chainalysis adds support for 4 more cryptos to real-time transaction monitoring tool
Siam Commercial Bank, PTTEP complete cross-border transactions using Ripple’s technology
Samsung working on Ethereum-based blockchain, could issue own token: Report
Apr 24, 2019 (Wednesday)
Bitfury, Final Frontier launch regulated bitcoin mining fund
Liverpool FC to partner with TRON
Samsung SDS launches next version of enterprise blockchain platform ‘Nexledger’
South Korean hospital to integrate blockchain-based health data management solution
Disney in talks to acquire Bitstamp and Korbit owner Nexon: Report
University of Nevada, Reno teams up with blockchain startup Filament on smart city mobility project
Crypto exchange Coinbase shuts Chicago division
MIT and other universities team up to explore blockchain potential for management of academic credentials
Societe Generale issues €100m of covered bonds as security token on Ethereum blockchain
Apr 23, 2019 (Tuesday)
Blockchain identity startup Civic expands network with 12 automated retail partners
Binance launches decentralized exchange ‘Binance DEX’ on Binance Chain
Subscribe to the TokenPost newsletter!
Don't show me this again today.
Back to top
Copyright ⓒ TokenPost. All Rights Reserved.