The U.S. governmentis supporting a distributed ledger platform being developed by several researchers at the University of California in San Diego.
Subhashini Sivagnanam, aworkerwiththe Scientific Computing division at the Supercomputing Center, won around $818,433 USD from the NSF ’National Science Foundation to develop a project based on the distributed ledger platform that would enable the researchers to access, collect and verify information through scientific experiments.
NSF, a renowned scientific organization,isa keypassageforanalysisinitiativeswithin theU.S. tofaucet federal resources. Recently also the govt.organizations havefundedvarietyof blockchain projects that camein previously,together withthosecenteredoncompletely differentaspects of cryptocurrency incentive mechanisms and blockchain technology use cases.
The network thus being developed wouldrepresenta living – and digital – catalog of the work growing, asa lot ofdatais collected andstored. Researchersare nowable totrust more on the examining and efficient storing of their data more securely.