Crypto innovators must be encouraged to stay in the U.S. , said the CEO of software developer Inca Digital. The Washington, D.C., company recently won a Defense Department contract to look into crypto security risks.
“There’s a wide acknowledgement that while there are national security issues, it is a national security imperative in the U.S. to foster [crypto] innovation here [and] to have startups in the U.S. and not leaving to go overseas,” said Adam Zarazinski, Inca Digital’s CEO, on CoinDesk TV’s “First Mover” on Friday.
According to a press release, the Defense Department's Defense Advanced Research Projects Agency (DARPA) awarded Inca Digital's government contracting division, Inca Digital Federal, a Phase II Small Business Innovation Research (SBIR) contract to research advanced methods for analyzing activity related to financial applications of distributed ledgers, in a project called "Mapping the Impact of Digital Financial Assets."
Inca is trying to identify how crypto...
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