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Treasury to Experiment with Blockchain for Grants Management
NextGov: The Treasury Department is turning to blockchain in a six-month project that ultimately intends to streamline agencies’ financial processes—and re-imagine how the government does business.
The new Blockchain for Grant Payments project—steered by the Bureau of the Fiscal Service’s Office of Financial Innovation and Transformation, or FIT, and unveiled Monday—will explore the operational and legal implications of leveraging blockchain to track grant payment-related activities.
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