The Treasury is looking into potential uses for blockchain, the online ledger system that enables cryptocurrencies and many other types of transactions.
By breaking blockchain down to its core concept, federal agencies are coming up with new uses for the innovation.
GSA’s Emerging Citizen Technology program office has more than 300 use cases from agencies interested in using blockchain technology.
The Office of Management and Budget’s Dave Mader said the demand for shared services is driving the government back to consider private sector providers after several years of focusing on the government only.
John Hill, the Bureau of Fiscal Service’s assistant commissioner for payments and chief disbursing officer, said agencies are getting ahead of the OMB deadline to move to electronic invoice processing by 2018 by moving to the Invoice Processing Platform (IPP).