Constellation (ticker=DAG) has signed a deal with the U.S. Air force to “provide solutions around interoperability between legacy infrastructure and emerging data technology.” An email sent yesterday to investors shared the good news, which will have surprised many in the crypto community given that the project is relatively small, with a market cap of less than $6 million. The project, which launched last summer, offers enterprise-grade blockchain software solutions and will help the Air Force unlock and move “traditionally siloed and non-accessible data and data sources” and make it accessible yet secure.
Massive Opportunity for Constellation
Partnerships with recognized household names are the holy grail for any crypto project, and Constellation has underlined its credentials with this deal. Benjamin Diggles, VP of Business Development at Constellation, explained in the email exactly what kind of data the operation will handle:
The USAF has a multitude of data sources like drones, planes, and satellites that need to be secured. Clean and consolidated data that can be queried instantly is a big need within the defense apparatus.
The U.S. Air Force refers to this data as Multi-Domain Command and Control (MDC2), and Constellation’s technology will not only provide decentralized and encrypted security for Air Force data pipelines, but will also create audit trails and a live overview of the status of any data source. Constellation uses a Directed Acyclic Graph (DAG) consensus mechanism, the same technology used by IOTA and Hashgraph, which allows for greater encryption and security and theoretically infinite scalability, making it the ideal solution for big data such as this.
Great News for Blockchain in General
In discussing the awarding of the contract to Constellation, the project’s CEO Benjamin Jorgensen said:
While people aren’t buying blockchain off of shelves, government organizations have the opportunity to drive innovation. The move by the United States Government to work with early-stage businesses and early innovation shows a massive shift by the public sector to be leaders in revolutionizing existing infrastructures by adopting new technologies that protect consumers’ privacy, while tackling futuristic visions of the connected world and joining the private sector in the $50B industry of big data.
Indeed, partnerships such as these will help embed the premise of blockchain technology into the consciousness of businesses and governments struggling to maintain data efficiency and security and keep costs down. In that respect, Constellation’s partnership with the U.S. Air Force is great news not just for Constellation itself but for blockchain as a whole.