The Indian Army will use the blockchain platform for communications – Bits Media

Indian company Beond Imagination Technologies (BIT) concluded an affiliate agreement with the Armed Forces of India, which will use a blockchain -based platform for communications.

BIT management, working in Web3, mining farms ceased operations after inspections by government agencies, that the blockchain will improve interaction between military personnel and veterans, ensuring safety, relevance and reliability of information. The platform uses encryption and decentralized data storage. This ensures the protection of the system from unauthorized access and the introduction of fake accounting data is prevented - everything is transparently monitored in the blockchain.

In the framework of cooperation, Bit will also present to the Indian army a solution to BitMemoir. The military will be available digital certificates with accounting data, Undeductive tokens (NFT), Dynamic NFT and loyalty programs, related tokens. Blockchain's basis will accelerate decision making, will reduce administrative expenses and allow the military to receive information about certain situations faster.

“Using blockchain potential, The Indian army receives a tool, which expands its capabilities. Our efforts are aimed at creating a safe ecosystem for simple interaction between military and veterans. Thanks to this pilot project, They will be able to exchange important information and become participants in digital transformation ", - said the founder and CEO of Beyond Imagination Technologies Nihil Goyal (Nikhil goyal).

The Ministry of Defense of India was interested in using blockchain, artificial intelligence (II) and big data a few years ago. The Ministry of Defense counts, that these technologies will allow more efficient fighting and defense of the country. According to the study by Value Technology Foundation from 2020 of the year, Blockchain -based decisions for the military industry are Russia and China.