Homeland Security's U.S. Citizenship and Immigration Considers Bitcoin
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Homeland Security's U.S. Citizenship and Immigration Considers Bitcoin

THELOGICALINDIAN - During the aboriginal anniversary of May the Administration of Homeland Security DHS and the agencys Citizenship and Immigration Services USCIS annex accept apparent a agog absorption in bitcoin and blockchain technologies On May 2 DHS awarded three blockchainbased startups 225 actor for analysis and development Following this advertisement the actual abutting day Homeland Securitys USCIS administration abundant they are because bitcoin for US Visa appliance and acquittal fees

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Homeland Security Injects $2.25 Million Into Distributed Ledger and Blockchain Surveillance Startups

Homeland Security's U.S. Citizenship and Immigration Considers Bitcoin Three startups alive with blockchain accompanying technologies accept been given grants account $2.25 actor USD to added their projects. The projects accepting DHS allotment accommodate Blockcypher, the bitcoin blockchain surveillance company, Digital Bazaar, a analysis project, and Evernym a blockchain-based key administration firm. Dr. Robert Griffin, the acting DHS Secretary for Science and Technology, said the allotment would advance the country’s aegis in the continued run.    

“The Small Business Innovation Research Projects (SBIR) affairs enables us to abduction some of the best accurate cerebration to acquisition solutions to administer in the accepted blackmail landscape,” explains Dr. Griffin.

The U.S. bureau has been bolstering blockchain projects for over a year now by allotment a few projects aural the landscape. Last year DHS awarded $200,000 USD to Factom for a blockchain-based identification system.

The U.S. Citizenship and Immigration Services Considers Bitcoin for Visa Applications and Service Fees

Homeland Security's U.S. Citizenship and Immigration Considers Bitcoin Alongside the contempo DHS allotment during an EB-5 National Stakeholder Engagement on May 3rd, the Immigrant Investor Program Office (IPO) Division Chief Lori MacKenzie said the alignment is considering bitcoin payments for services. Essentially this would accessible up the achievability for immigrants to pay Visa appliance fees with bitcoin.

“USCIS is currently because issues involving basic bill such as Bitcoin,” explains MacKenzie’s National Stakeholder Engagement report. “USCIS cannot accommodate absolute assurances apropos any accurate anatomy of transfer, but we will abide to appraise affirmation provided by petitioners to actuate whether the accordant approved and authoritative requirements accept been met, including affirmation that the funds invested accord to the petitioner, and were acquired, anon and indirectly, by allowable means.”

Some Cryptocurrency Proponents Believe U.S. Government Agencies Can Legitimize Bitcoin in a Completely New Way  

The U.S. government, in general, has been absolutely focused on agenda bill solutions and blockchain concepts over the accomplished year and a half. The latest DHS advertisement is a assiduity of the SBIR allotment affairs and both Block Cypher, and Agenda Bazaar has already accustomed antecedent awards from the U.S. agency.

Homeland Security's U.S. Citizenship and Immigration Considers Bitcoin

While the statements from USCIS are absolutely absolute appear the bitcoin protocol, some cryptocurrency proponents accept it could add some angary to the agenda currency. “It legitimizes bitcoin in a absolutely new way and agency that regulators accept to accede the US government as a accepted user of bitcoin back proposing regulation,” explains a bitcoin enthusiast afterwards audition the USCIS news.

What do you anticipate about DHS funneling millions to blockchain projects? What do you anticipate about the USCIS because bitcoin as acquittal for clearing services? Let us apperceive in the comments below.

Images via Shutterstock, DHS, USCIS, and Twitter. 

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