• SIMBA Chain has been awarded a $30M STRATFI contract with the U.S. Air Force (USAF) for the development and deployment of blockchain applications in supply chain management.
• This project reflects a significant budget increase compared to previous blockchain initiatives, and will be used by multiple branches of the DoD.
• Through this new partnership, SIMBA Chain will be able to scale its existing technology across the USAF enterprise and provide in-transit visibility that supports their strategic mission.

SIMBA Chain Awarded $30M U.S. Air Force STRATFI

South Bend, Indiana-based blockchain solutions provider SIMBA Chain has announced it has been selected for a $30M STRATFI with the U.S. Air Force (USAF). The investment is part of the USAF’s investment into identifying and advancing technologies that have potential to secure its future dominance in the industry and will focus on developing and deploying blockchain applications in supply chain management.

Significant Budget Increase

This project reflects a significant budget increase compared to previous blockchain initiatives, with plans focusing on use of the technology by multiple branches of the Department of Defense including Office of Undersecretary for Research & Engineering, USAF, Navy, Army and Defense Logistics Agency (DLA).

Existing Partnership With DoD

SIMBA Chain previously developed various blockchain applications to improve crucial USAF activities including tokenization of organization’s budget for enhanced accounting as well as tracking critical components vital to air service branch operations. The STRATFI project aims at accelerating development of its SIMBA Blocks platform while delivering in-transit visibility that supports USAF strategic mission.

Demand Signal For Blockchain Technology

Commenting on this new partnership Bryan Ritchie – CEO at SIMBA Chain said “Our Government partners are sending a strong demand signal for blockchain technology through this STRATFI program which also signals an opportunity to collaborate and increase adoption within commercial industry.“

About SIMBA Chain

Incubated at University Notre Dame in 2017 – SIMBA Chain provides fully integrated development platform that government agencies use to bridge and connect Web3 abstracting complexities involved with developing blockchain technology making it accessible to all users through its core offering called – SIMBA Blocks.