US Department of Homeland Security pays $143,000 to an Austrian company to develop blockchain security technology

On September 27th, the US Department of Homeland Security awarded $143,000 to an Austrian company called Danube Tech GmbH, which will be used to develop blockchain security technologies to combat counterfeiting and counterfeiting. The press release stated that the US Customs and Border Protection, the Transportation Security Administration, and the US Citizenship and Immigration Service are all responsible for using blockchain to protect data. These agencies are responsible for processes such as authentication, immigration status, employment qualifications, and supply chain security. The use of blockchain and distributed ledger technology (DLT) will allow these organizations to publish digital credentials, thereby "enhancing security, ensuring interoperability, and preventing forgery and forgery."