Government meets blockchain technology • Constellation $DAG
HGTP (Hypergraph transfer protocol)
If you haven’t heard of it yet, this is one of $DAG Constellation’s specialties. Another way to put it, is that it’s been recently announced that the DoD (Department Of Defense) not only has a working relationship with this project in the blockchain space. But they also completed a SBIR Phase II contract with the DoD and have moved on to a direct contract with the USAF. No other project in the blockchain space can say that the department of defense trusts them to validate and secure their data.
Projects in the blockchain industry can also leverage their network and benefit from the qualities it holds. Like securing and validating data + benefiting from the team of developers that assist projects in the launch and development phases when creating a business on the blockchain. Constellation Network calls this the flight program. Not to mention their relationship with Space ISAC — the top dog in the space security sector https://s-isac.org/about-us/
Constellation Network has been in the game over 5 years, and still have a huge community supporting them. Several intelligent minds, sharing their innovative thoughts and technological theories, while helping newcomers that might have questions about the technology. Seth V is one of the best when it comes to that.
Current outlook on regulations
“For now, it’s one step at a time, as the military isn’t going to entertain crypto until assurances in the technology’s base layer network are guaranteed” said Benjamin Diggles, Co Founder & Chief Security Officer of Constellation Network in Hypergraph hour #50 https://youtu.be/2NCrpA39g9c < view here
I believe this goes for adoption as a whole when it comes to how the people in the big chairs look at regulations in regards to cryptocurrency. Constellation has relationships with various government related contractors that get funding from the government, not many projects in the blockchain industry can claim that.
Regulations will still take some time to actually be introduced to the blockchain space, but several projects in that space are still developing their technology and doing what they can to ensure they’re out of the regulators crosshairs.
Notable mentions
Simba Chain received $30 million in government funding. The funding was provided as part of the USAF’s Strategic Technology Focus Initiative (STRATFI). The STRATFI program aims to identify and support different companies to mature potential technologies that can be deployed for providing future dominance.
For SIMBA Chain, this $30m investment provided a significant budget increase to support the development and deployment of blockchain applications for supply chain management. They’re solving supply chain issues, while Constellation Network provides cybersecurity for big data. The Constellation Hypergraph Network provides a scalable and secure distributed network that validates data for enterprise and public sector clients. Their relations with the USAF and DoD have certainly intensified this year. The Constellation team has built and maintained a solid community base in the blockchain space. You can still see members of their community conversing on social media outlets daily even after five years of them launching their native $DAG token! Which is also something not many projects in the blockchain space can claim.
If you’re interested in learning more about Constellation Network, feel free to check out their medium as well & follow their socials to stay updated.
Constellation Network Medium: Constellation Network
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