US Government awards Blockchain projects

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US Government awards Blockchain projects

us awards blockchain

Blockchain Award

The US government awards Blockchain projects: $600,000 in grants to six companies that work on blockchain applications.
The Department of Homeland Security (DHS) decided to destinate $3.1m to 29 businesses based in the American area and focused on data analytics, connected devices and blockchain.
Each awarded business will receive $100,000, according to the official press release.
This money came from the so-called program Small Business Innovation Research (SBIR) that started back in December 2015.

Governments Interested in Bitcoin

In April the European Parliament defined the blockchain as the“perfect technology” and aimed at realizing new rules related to the distributed ledger.
Also, several European countries started to accept Bitcoin for public services. Among these there is Switzerland. In fact, Zug was probably chosen because it is the Swiss financial centre that has a good reputation for its low taxes.
Another important news came in May, when Japan decided to officially recognize Bitcoin.

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Amelia Tomasicchio
Amelia Tomasicchio

Amelia Tomasicchio is a content writer and marketer of Bitcoin-related news and fintech startups. She started writing about Bitcoin in 2014 and she graduated in Rome with an essay about movie industry related to Bitcoin.

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