Monsoon Blockchain Corporation, a blockchain development company, announced on October 13, 2021, that it had entered into a strategic partnership with the National Science Foundation (NSF). Monsoon will work with the foundation’s Center for Cloud and Automatic Computing (CAC) to assist them in research work for the economic development of the nation, and national defense.
The Role of Monsoon Blockchain At The Center For Cloud And Automatic Computing
Moonsoon Blockchain provides a comprehensive suite of blockchain-based solutions that include DeFi protocols, cryptocurrency, NFTs, and AI/ML-based platforms. It has over ten years of experience in the blockchain sector. Monsoon Blockchain comprises a skilled team with the knowledge of applying the technology in different sectors. Via the partnership, CAC will leverage the knowledge of Monsoon Blockchain in researching and developing solutions that address specific underdeveloped areas of the US.
The Goal Of CAC
The NSF’s CAC was created to advance industry-driven research in the cloud, distributed, and autonomic computing methods as well as their application to various needs for industry and government partners. Its technical scope includes architectures, software, design and evaluation methods, algorithms, and mathematical foundations to advance distributed and automated computing systems.
In light of the current global pandemic, the blockchain has emerged as an ideal solution for the massive need for distributed, decentralized workforces, and businesses that can guarantee trust without intermediaries. Working with Monsoon Blockchain will assist the center to explore and find opportunities in the blockchain field and create solutions that improve the US.
What Monsoon Blockchain Has Achieved Thus Far
Monsoon Blockchain has played a major role in engineering emerging and existing market-leading products. One notable product is Bitcoin Latinum, which is reshaping the crypto space. Bitcoin Latinum was designed as a fully insured asset-back crypto coin. It is based on the Bitcoin architecture while being more eco-friendly, more secure, faster, and offering low transaction fees.
Monsoon Blockchain CEO, Dr. Donald Blaise, is a former CEO at Fusion-IO; a company that is having a transformative impact on cloud systems implementations at leading financial firms and IT giants. Dr. Blaise is also the Co-CEO and Chair of Roman DBDR, which is a special purpose acquisition vehicle. In November 2020, DBDR raised $236 million via an IPO.
DBDR later merged with CompoSecure, which specialized in premium payment cards. Amongst its clients are the world’s biggest financial firms. Their merger created an enterprise valued at around $1.2 billion. CompoSecure plans to release a cold-storage solution called Arculus that will allow users to safely secure and manage their digital assets using a metallic payment card.
Monsoon Blockchain’s partnership will help CAC design and develop solutions that improve different sectors needed to grow the nation’s economy. Additionally, creating and exploiting new concepts in engineering will make the US a global leader in research and education.
What the Leaders Had To Say
Discussing the partnership, Dr. Blaise the Monsoon Blockchain CEO stated,
“The alignment of our company’s vision with this scientific institution will further allow us to contribute to the creation and acceleration of technology in the areas of security, cryptography, currency, and related fields. Doing so will greatly accelerate the value for our world, our country, and our shareholders.”
Salim Hariri, the CAC Director, also commented on the partnership. Hariri noted that:
“The CAC is a perfect fit for the goals and research we pursue at the Center.” He added, “We are excited to find an area of collaboration that is so far-reaching and worthy of a partnership between Academic, Government, and Industry funding. We are extremely happy to attract a partner of the caliber of the Monsoon Blockchain Corporation … We expect this research to provide the seeds for many research projects that will have a major impact on our national and global economy.”
Notice: Information contained herein is not and should not be construed as an offer, solicitation, or recommendation to buy or sell securities. The information has been obtained from sources we believe to be reliable; however, no guarantee is made or implied with respect to its accuracy, timeliness, or completeness. Authors may own the cryptocurrency they discuss. The information and content are subject to change without notice. Visionary Financial and its affiliates do not provide investment, tax, legal, or accounting advice.
This material has been prepared for informational purposes only and is the opinion of the author, and is not intended to provide, and should not be relied on for, investment, tax, legal, accounting advice. You should consult your own investment, tax, legal, and accounting advisors before engaging in any transaction. All content published by Visionary Financial is not an endorsement whatsoever. Visionary Financial was not compensated to submit this article Please also visit our Privacy policy; disclaimer; and terms and conditions page for further information.