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2020-01-13 11:00:21

US Treasury Department testing blockchain tech for tracking federal grants

The U.S. Department of the Treasury, which manages government revenue, is testing blockchain technology for tracking federal grant payments. The department is about to complete a proof of concept program for a blockchain-based letter of credit for grant recipients, Craig Fischer, innovation program manager at the Treasury, said at a recent conference, as reported by […]The post US Treasury Department testing blockchain tech for tracking federal grants appeared first on The Block.