Grants Management Blockchain Demonstration Project

Government-wide grants management problems are widespread. The Federal grants management process is burdensome, inefficient, and hampers the ability to see how Federal dollars are spent. Problems include:

• Federal grants are subject to a complex and burdensome reporting model for grant recipients who receive funds from multiple sources.
• Lack of timely, accurate, and complete data hampers the ability for sound oversight over Federal funds in the multi-tier grants ecosystem.

The future of Federal grants management processes and technology solutions will reduce recipient burden, be more efficient, and enable better oversight of Federal government dollars:

• Less burdensome reporting, more timely payments, and greater availability of comparative financial and performance information
• More transparent, timely, and complete grants financial and performance information for all tiers of grants recipients