CIA Growing Interest in Crypto and Blockchain Launching New Research and Development Labs

The United States Central Intelligence Agency (CIA) is showing accelerated interest in the cryptocurrency and Blockchain space with the launch of new research and development labs, announced on Monday 21st September 2020.

The CIA will lead a nationwide organisation of more than 300 federal laboratories, research centers and agencies focusing on cooperating with technology experts.

The in house research and development hubs will be a chartered member of the Federal Laboratory Consortium Technology Transfer division, with their main focus being targeted to distributed ledgers and Blockchain enabled technologies.

CIA’s Head of Science and Technology, Dawn Meyerriecks has announced that CIA officers will be able to, for the first time, file patents on their findings and be rewarded with monetary incentives, in the form of a percentage of the profits made from their work.

“Some phenomenal innovations have come from CIA over the years, and with CIA Labs, we’re now better positioned to optimize developments and further invest in our scientists and technologists. In an evolving threat landscape, CIA Labs will help us maintain our competitive edge and protect our nation.”

 

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