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BGOV: Federal Blockchain Investments Likely to Increase Over Next Two Fiscal Years

BGOV: Federal Blockchain Investments Likely to Increase Over Next Two Fiscal Years – GovCon Wire

The federal government could increase spending on blockhain technology programs through fiscal 2022 as agencies move forward with initiatives in that area, issue open solicitations and implement use cases, Bloomberg Government reported Wednesday. BGOV found that blockchain-related government contract obligations grew $1M during FY 2019 and projected that obligated funds will reach the $7.1M-$15.1M range in the current fiscal year.