NSF seeks partners for blockchain business programs

The National Science Foundation is looking for partners to help with demonstrations of blockchain-based smart contracts that could enhance its mission or business processes, including procurement and grant management.

NSF’s financial management division described potential use cases in a July 6 request for information. These include using distributed ledger technology (DLT) for digital wallets or proof-of work mechanisms, automating enforcement of contracts or grants and reducing compliance and reporting burdens.

Over the past year NSF and the Treasury Department have worked on two proofs of concepts to see whether blockchain technology could reduce the financial reporting required with grant funding, according to a May blog post. Although the prototype that was developed was not deployed, the team found that blockchain could increase transparency of grant funding and award information, reduce reporting and improve customer experience.

Besides outlining the DLT’s value proposition and competitive advantages, NSF wants prospective partners to detail the risks and limitations of their solutions, their cybersecurity features along with how they would work with NSF’s financial and procurement systems.

Responses are due Aug. 2. Read the full RFI here.

About the Author

Connect with the GCN staff on Twitter @GCNtech.


  • Records management: Look beyond the NARA mandates

    Pandemic tests electronic records management

    Between the rush enable more virtual collaboration, stalled digitization of archived records and managing records that reside in datasets, records management executives are sorting through new challenges.

  • boy learning at home (Travelpixs/

    Tucson’s community wireless bridges the digital divide

    The city built cell sites at government-owned facilities such as fire departments and libraries that were already connected to Tucson’s existing fiber backbone.

Stay Connected