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International Business Times
International Business Times
Business
Marvie Basilan

US Navy Seeks Collaborators For New Blockchain Security Tech 'PARANOID'

The U.S. Navy has developed a blockchain model that could help strengthen its systems, and it wants comments from the private sector. (Credit: Marco Verch/flickr)

KEY POINTS

  • The technology leverages blockchain transactions to create a 'forensic record' of code under development
  • PARANOID can also prevent the injection of malicious code and malicious file swapping
  • The Navy seeks partners willing to test the model for feedback and scalability

The United States Navy has launched a new blockchain security technology dubbed "PARANOID," and it is in search of private sector collaborators to help with studies and further development of the new technology.

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