“The National Science Foundation is investigating blockchain’s potential for making the grants review and award process more efficient.”
“The Grants Community Blockchain would allow agencies such as the National Institutes of Health and the Treasury Department to share a blockchain with NSF to keep track of grant applications in order to avoid duplications.”
“In theory, the Treasury Department could also be on the blockchain so it could directly fund projects after a program officer has approved it. Likewise, universities would be able to see the status of their grant applications through the blockchain.” Read the full article here.
Source: NSF explores blockchain for grants management – By Sara Friedman, December 3, 2018. GCN.