The United States Navy is currently seeking partnerships with private sector companies to collaborate on the development of its unique blockchain technology called PARANOID. This technology, which stands for Powerful Authentication Regime Applicable to Naval Operational Flight Program Integrated Development, was created by the Naval Air Warfare Center’s Aircraft Division (NAWCAD) at Lakehurst, New Jersey. Initially designed to secure avionics software for the Navy, PARANOID has since been recognized for its potential in enhancing security in any software development process.
PARANOID ensures the protection of software throughout its development by utilizing blockchain technology to verify files at every step. Every action taken by a developer is recorded on the PARANOID blockchain, creating a transparent and immutable ledger of activity. In the event that malicious actors attempt to tamper with the software during development by modifying or deleting code or files, these changes would fail verification against the PARANOID system’s database on the blockchain.
The U.S. Navy is now making the PARANOID system available to private sector entities interested in contributing to its research and development. TechLink, the U.S. Department of Defense’s technology transfer partner, stated in a blog post that this marks the first instance of a proprietary blockchain invention being commercialized by the Navy. However, it is worth mentioning that the military has previously explored blockchain technology through agreements with SIMBA Chain, a data exchange platform that uses blockchain to secure supply lines. In fact, both the U.S. Air Force and U.S. Navy have signed agreements with SIMBA Chain in the past.
In related news, the U.S. Navy recently awarded a $1.5 million contract to a blockchain project focused on jet fighter development.
Trending
- KiloEx Exchange Exploiter Restores All Stolen Funds Following $7.5 Million Hack
- Hashkey Targets XRP ETF in Asia with New Fund Supported by Ripple
- Sygnum Predicts Potential Altcoin Rally in Q2 2025 Due to Enhanced Regulations
- Media Tycoon Files Counterclaim Against Justin Sun in $78 Million Sculpture Dispute
- Yemenis are embracing DeFi in response to US sanctions on the Houthi group
- Saylor and ETF Investors’ ‘Stronger Hands’ Contribute to Bitcoin Stabilization — Analyst
- Polygon’s Nailwal: The Jio Partnership Will Propel Real-World Web3 Adoption for 450 Million Users
- Babylon’s Total Value Locked Decreases by 32% as Wallets Unstake $1.2B in Bitcoin