CIA's New Research Lab to Study Blockchain
CIA Labs will give officers an outlet to patent and profit from their tech inventions.
Updated Aug 19, 2021 at 4:28 a.m. UTC
The Central Intelligence Agency (CIA) launched a new research and develop laboratory on Monday that features blockchain technology among its focus areas.
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- CIA Labs' webpage said the labs will research "distributed ledger/blockchain-enabled technologies" alongside other tech stacks: wireless telecommunications, quantum computing, artificial intelligence and data analytics, to name a few.
- Officers who develop tech inventions in the lab will be permitted to patent, disclose and partially profit from their work, according to MIT Technology Review.
- MIT's reporting notes the labs will give CIA a useful incentive to woo tech talent that might otherwise turn to Silicon Valley's giants.
- That the CIA, one of the U.S. intelligence community's two code-breaking hubs, would take an interest in researching a technology secured by cryptography should come as no surprise to observers.
- The Block first reported CIA Labs' blockchain focus.