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U.S. Department of Energy Contracts Guardtime

Guardtime announces the United States Department of Energy (DOE) selects Guardtime, Pacific Northwest National Labs (PNNL), Washington State University, Tennessee Valley Authority (TVA), Siemens and the Department of Defense Homeland Defense and Security Information Analysis Center (HDIAC) to develop blockchain cybersecurity technology.

As we modernize our energy infrastructure, the speed, size and complexity of energy data and transactions exchanged increases exponentially, noted Michael Mylrea, PNNL’s primary investigator for the project. To help overcome these challenges, blockchain keyless signature infrastructure technology provides a unique value proposition in its potential to help optimize and secure these critical data sets.

The multi-million dollar award is designed to protect the Nation’s energy infrastructure from emerging cyber threats and enhance the reliability and resilience of the Nation’s critical energy infrastructure through innovative, scalable, and cost-effective research and development of cybersecurity solutions and operational capabilities.

Read more from Guardtime’s blog.

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