Assessing the Potential to Improve Grants Management Using Blockchain Technology

In October 2018, MITRE, which operates the U.S. Treasury Department’s Federally Funded Research and Development Center (FFRDC), began working with a number of government agencies, including the Departments of Education, Health and Human Services, and Housing and Urban Development; the National Science Foundation; Office of Management and Budget; and Treasury Bureau of Fiscal Service, to assess the potential to improve grants management by using blockchain technology.

In addition to working with leaders from these agencies who were advisors to the study, MITRE interviewed agency personnel who work in grants management, financial management, and Inspector General offices and a number of grant recipients in the public and private sectors, including state government agencies, public and private universities, community-based service organizations, and a tribal nation.