Pi Network - auto mobile mining: Join now and be one of the pioneers!!

Blog

The U.S. Navy is facing a tricky situation regarding the supply chain of component production for its warships. According to Richard Spencer, the U.S. Navy’s top civilian contractors have been reduced to relying on political adversaries like China and Russia for the production of these components.

The difficulty centers largely on the hegemony gained by these superpowers through their international control. For example, China’s Belt to Road initiative creates debt structures in developing countries. However, this could lead to unhelpful levels of control over manufacturers in those nations.

Supply Chain Logistics

Supply Chain Logistics

US Navy Cutting Dependence on Adversaries

Spencer’s concerns were piqued recently when the Italian manufacturer Fincantieri was chosen as a finalist to build a new warship. The difficulty lies in the fact that Italy has recently accepted Belt and Road help from China, putting its loyalties into question. Spencer stated:

“We did have a very open conversation with the executive management of Fincantieri saying: ‘Show me the firewalls.’ Fincantieri is not a government-controlled entity . . . but if it’s sitting in a country that has just signed up to Belt and Road, we had to go out and ask and we had to go out and see.”

The solution is apparently not solvable by local suppliers either. Little to no investments into local manufacturing have come even amid the growth in military spending. The problem lies primarily in the chaotic financing decisions coming from Washington.

Without local supply chain options, and with tenuous overseas connections, the US Navy finds itself in a bind. Given the complexity that is already associated with the need for intellectual security related to military weaponry, finding new solutions is becoming critical.

US Navy

US Navy

Blockchain Technology on the Case

The best solution for the U.S. Navy may well come in the form of blockchain technology. Whereas sensitive information could be insecure on international servers where components are made, the budding technology may offer solutions.

Blockchain delegates access to information to the holders of private keys. A blockchain that protected the information and limited access only to private key holders would offer complete security for governmental data.

What’s more, blockchain technology could also help to protect parts and limit any kind of tampering in the manufacturing and transportation processes. By stamping each individual component with its own key, each movement would be logged as an immutable transaction. The result would be complete data certainty over multiple venues.

While the U.S. Navy may continue facing challenges, the ingenious technology that gave rise to Bitcoin may be the best solution possible. In spite of the aversion to blockchain generally, the growing need may force the U.S. government to tip its hand and accept the help it needs.


Images courtesy of Shutterstock.


Did you know you can trade sign-up to trade Bitcoin and many leading altcoins with a multiplier of up to 100x on a safe and secure exchange with the lowest fees — with only an email address? Well, now you do! Click here to get started on StormGain!

No Comments

Be the first to start a conversation

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Categories

Pi Network - auto mobile mining

Become one of the pioneers!!

Random Posts

DOWNLOAD MY EBOOK FOR FREE

"Your Headline Here How I Made $4947 In 1 Month"

Lorem pretium lorem orci elit nunc imperdiet nec vel sit pretium hendrerit amet nec orci gravida gravida sapien purus massa

Quick Bio About Me

mypicmeLorem proin accumsan accumsan volutpat ut nullam odio eleifend libero quisque ipsum gravida eleifend dolor nunc sagittis venenatis orci eleifend lorem quisque venenatis non sagittis sagittis ipsum nunc.

lacus eleifend pretium eros sed consectetur venenatis praesent sapien consectetur dolor nullam laoreet orci mauris ornare congue lacinia auctor lorem quis quis lacus eleifend pretium eros sed consectetur venenatis praesent sapien consectetur dolor nullam laoreet orci mauris

Resources

  • Resource 1

    Lorem sed praesent quisque auctor libero eros lorem nec praesent accumsan ornare venenatis nullam.

  • Resource 2

    Lorem sed praesent quisque auctor libero eros lorem nec praesent accumsan ornare venenatis nullam.

Random Blog Posts

© 2020 Cryptoracle.info - Crypto News