in ,

DOE Taps Guardtime, Siemens to Help Develop Blockchain Tech for Energy Grid Security

DOE Taps Guardtime, Siemens to Help Develop Blockchain Tech for Energy Grid Security - top government contractors - best government contracting event
https://executivebiz-media.s3.amazonaws.com/2022/08/19/30/9f/c3/a0/b7/6f/d4/64/Executive-Biz.png

DOE Taps Guardtime, Siemens to Help Develop Blockchain Tech for Energy Grid Security - top government contractors - best government contracting eventGuardtime and Siemens are part of a team that received a multimillion dollar contract from the Energy Department to develop a blockchain-based technology platform that will work to help secure U.S. energy grid from emerging cyber threats.

Both companies will also work with DOE’s Pacific Northwest National Labs, Washington State University, Tennessee Valley Authority and the Defense Department‘s Homeland Defense and Security Information Analysis Center to produce a blockchain keyless signature infrastructure technology, Guardtime said Thursday.

Michael Mylrea, PNNL’s primary investigator for the project, said he believes the size, complexity and speed of energy-related data and transaction exchange increase exponentially as the country’s energy infrastructure upgrades.

The team seeks to incorporate real time response, autonomous detection and automated data exchange platforms to address management and security challenges in energy delivery systems.

Guardtime added the project aims to automate, monitor and audit complex exchanges of energy at the grid’s edge with blockchain technology.

ExecutiveBiz Logo

Sign Up Now! ExecutiveBiz provides you with Daily Updates and News Briefings about Cybersecurity News

mm

Written by Nichols Martin

a staff writer at Executive Mosaic, produces articles on the federal government's technology and business interests. The coverage of these articles include government contracting, cybersecurity, information technology, health care and national security.

BAE Offers to Build Digital Shipyard Under Australia's Future Frigate Program - top government contractors - best government contracting event
BAE Offers to Build Digital Shipyard Under Australia’s Future Frigate Program
Accenture Wins Library of Congress Data Center, Migration Support Contract - top government contractors - best government contracting event
Accenture Wins Library of Congress Data Center, Migration Support Contract