National Science Foundation to Fund Blockchain Security Research

The National Science Foundation is seeking to fund research into how technologies like blockchain can improve cyberinfrastructure resilience.

AccessTimeIconJan 10, 2017 at 12:00 p.m. UTC
Updated Aug 18, 2021 at 5:33 p.m. UTC

Presented By Icon

Election 2024 coverage presented by

Stand with crypto

The National Science Foundation (NSF) is seeking to fund research into how technologies like blockchain can improve the resiliency of cyber-infrastructure.

According to a grant proposal solicitation initially released last year and updated at the start of 2017, the NSF is looking to fund research to the tune of $8.5m. The agency is looking to grant between seven and nine awards of up to $1m apiece.

  • Bitcoin Mining in the U.S. Will Become 'a Lot More Decentralized': Core Scientific CEO
    13:18
    Bitcoin Mining in the U.S. Will Become 'a Lot More Decentralized': Core Scientific CEO
  • Binance to Discontinue Its Nigerian Naira Services After Government Scrutiny
    05:10
    Binance to Discontinue Its Nigerian Naira Services After Government Scrutiny
  • The first video of the year 2024
    04:07
    The first video of the year 2024
  • The last regression video of the year 3.67.0
    40:07
    The last regression video of the year 3.67.0
  • While not explicitly focused on blockchain, the grant does invoke the technology as one topics of exploration once funds have been granted. The NSF is a US government agency that funds scientific research in a variety of areas.

    As the solicitation noted:

    “With the growing amount of remote instruments and the increasing amount of data being collected from multiple, often remote, wireless and mobile sensors, science is increasingly distributed and virtual. Solutions such as the introduction of blockchain technology are needed to ensure the integrity and confidentiality of data as it traverses multiple environments such as mobile, cloud, campus, and Internet networks.”

    It’s not the first time that the NSF has thrown its weight behind research involving the technology.

    In mid-2015, the agency awarded roughly $3m in grant funding for a cryptocurrency research project involving participants from Cornell, the University of Maryland and the University of California Berkeley.

    On a broader scale, the US government has moved in the past year and a half to promote or fund blockchain projects or startups.

    For this latest grant round, the NSF is looking for university-based teams, as well as nonprofits and research outfits, to submit proposals. The proposal deadline is 1st March, according to the solicitation sheet.

    Image via Shutterstock

    Disclosure

    Please note that our privacy policy, terms of use, cookies, and do not sell my personal information have been updated.

    CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. CoinDesk has adopted a set of principles aimed at ensuring the integrity, editorial independence and freedom from bias of its publications. CoinDesk is part of the Bullish group, which owns and invests in digital asset businesses and digital assets. CoinDesk employees, including journalists, may receive Bullish group equity-based compensation. Bullish was incubated by technology investor Block.one.


    Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.