CIA launches in-house R&D arm, highlights blockchain as research area

advertisement

The U.S. Central Intelligence Agency (CIA) announced a new research and development unit on Monday, dubbed CIA Labs.

The initiative "brings CIA officers together with the private sector and academia to research and develop science and technology solutions in support of CIA’s mission," according to a press statement. "CIA Labs conducts multidisciplinary research, development, testing, and engineering to address new challenges; adapt, improve, or accelerate the production of existing solutions; and solve persistent scientific and technological problems in new ways," the agency explained.

Among the areas of research are "distributed ledger/blockchain-enabled technologies," though the statement does not go into much detail beyond that simple description. It also mentions virtual/augmented reality, robotics and quantum computing, among other areas. 

A report from the MIT Technology Review posited that the effort will provide a means for CIA officers to "publicly file patents on the intellectual property they work on—and collect a portion of the the profits."

Editorial Image credit: Borka Kiss / Shutterstock.com

Related Reading

Get Your Crypto
Daily Brief

Delivered daily, straight to your inbox.

TRON USDC now available

Delivering on a vision for an interoperable global standard for dollar digital currency, Circle and TRON have partnered to make USD Coin (USDC) available on the TRON blockchain, which has grown to more than 56 million accounts and nearly 2.5 billion transactions since its founding just four years ago. TRON is home to a broad ecosystem for digital assets in Asia and around the world, and the TRON community can now benefit from easy access to the world's fastest-growing, regulated dollar digital currency. 
Read Full Story
Sponsored Post
More