Innovation Lab

Exclusive: US Congressional Watchdog on Prototyping Smart Contracts

The supreme audit institution of the United States, the Government Accountability Office (GAO), posted two job positions with its Innovation Lab concerning the development of prototype applications for blockchain technology during March.Cointelegraph spoke to Chuck Young, the managing director of public affairs at GAO, to find out more about the agency’s interest in distributed ledger technologies, or DLT.GAO to refine auditing processes for blockchainYoung stated that GAO's primary application for blockchain will be as “a digital financial ledger” — indicating that the chief auditor is planning to use blockchain to

US Congressional Watchdog Quietly Reveals DLT Prototype Development

The United States Government Accountability Office’s (GAO) Innovation Lab posted ads for job positions to develop “use case prototypes” for blockchain technologies in late-March.GAO is the supreme audit institution of the U.S. government and provides evaluation and investigative services for Congress.GAO to explore prototype applications for DLTThe two positions seek an ‘Interdisciplinary Computer Engineer/Computer Scientist’ and an ‘Interdisciplinary Assistant Director, Computer Scientist/Engineer’ to explore “emerging technologies” including blockchain.Both roles will be overseen by GAO’s Science, Technology Assessment, and Analytics (STAA) Team’s Innovation Lab.The listings show that the lab is creating