In a recent research carried out by King’s College London, one of the 10 most prestigious universities in England, the use of the blockchain is explained as an advantage in terms of both safety and efficiency even when it comes to nuclear power.
The report called The Trust Machine: Blockchain in Nuclear Disarmament and Arms Control Verification has been funded by the John D. and Catherine T. MacArthur Foundation, which has made a number of funds available for various issues, such as those related to nuclear power.
Looking at the report, it was written to give basic information to all those who are unfamiliar with this technology.
Nuclear on blockchain or DLT?
The report explains, through examples, the use cases of blockchain, or rather DLT, which for example can be used to secure nuclear-related data, such as total raw materials, their use and spent material.
In fact, as far as nuclear power is concerned, the DLT solution seems to prevail because, as Mike Thornton recalled in a previous discussion with The Cryptonomist, the information that will be recorded is very sensitive and putting it on a public blockchain to which everyone can access it would not be ideal.
Surely protecting the data and making it accessible only to a few is an advantage in terms of security, because in this way it is possible to track nuclear waste and know its location. However, the protection of this sensitive data must be done with tools that are quite secure and provide incredible guarantees.
But perhaps it would be more sensible to store this data on dedicated platforms that are accessible to certain people, rather than making a login page that might be hacked or might not work at that time.
In any case, the report concludes with an invitation to all those dealing with this kind of information and data about nuclear power to participate in the “Quad Initiative” project, which sees several countries looking for blockchain solutions for the nuclear sector.