Truemag

  • Subscribe
    • New Subscription
    • Account Updates
    • Customer Service
  • News & Events
    • News
    • Events
  • Advertise
    • Media Kit
    • Reprints
    • Contacts
  • Editorial
    • Podcasts
    • Current Articles
    • Digital Editions
    • eNewsletter
    • Editor’s Desk
    • Edit Calendar
    • Contacts
  • Buyers Guide
    • Search
    • Sponsor Index
    • Vendor Update
  • Annual Software Ranking
    • Ranking Form
    • Annual Software Ranking
    • 2018 Software Ranking File Package

Filament Introduces Next-Generation Blockchain Technology, Transforming Connected Industrial and Enterprise Devices

1.16.18

Filament, provider of blockchain solutions for Internet of Things (IoT) and the enterprise, today announced its next-generation blockchain technology designed to facilitate data transactions on industrial and enterprise machines and sensors. Filament’s new software and Blocklet Chip™ hardware solutions enable devices to securely interact with and transact against a blockchain.

“From the start, Filament has been dedicated to furthering the value and economics of the digitally connected world, right at the edge of the network. We are taking enterprise and industrial IoT connectivity benefits to the next level where data can be transacted and inherent trust is created,” said Allison Clift-Jennings, CEO, Filament. “No less significant than what e-commerce did for the internet, blockchain will again revolutionize business models for entire industries. As such, Filament is enabling e-commerce for devices. With exciting projects underway, forthcoming deployments will illustrate the real-world benefits of devices empowered to transact value using distributed ledger technology.”

Filament’s distributed blockchain capabilities leverage open protocols so that devices are able to independently process and record transactions, ensuring digital trust. Its new trusted application software and Blocklet Chip, currently in beta, are designed to communicate and interact with multiple blockchain technologies natively. The software, implemented on existing hardware, will deliver a secure distributed ledger technology solution. The Blocklet Chip will allow industrial corporations and enterprises to seamlessly extract the value of recording and monetizing data assets, at the edge of the network, on the sensors themselves.

Filament is currently working with several partners on significant implementations that will create a platform for future industry blockchain projects. As an example, Filament is supporting the open-source business blockchain framework, Hyperledger Sawtooth, hosted by The Linux Foundation, on its own native hardware. Hyperledger Sawtooth is a modular platform designed for building, deploying and running versatile and scalable distributed ledgers that provide a digital record that is maintained without central authority or implementation. Approximately 200 members are a part of the Hyperledger consortium, including many Fortune 500 corporations.

Filament is an alumnus of TechStars’ R/GA Accelerator program and is backed by leading venture capital firms and technology corporations, including Verizon Ventures, Bullpen Capital, Intel Capital, JetBlue Technology Ventures, CME Ventures, Flex technology accelerator program Lab IX, Backstage Capital, Tappan Hill Ventures, Samsung NEXT, Resonant Venture Partners and Digital Currency Group.

“At Intel, we believe the future of IoT will be enabled by smart, connected, secure edge-devices that drive a data-based economy,” said Doug Fisher, vice president and general manager of the Software and Services Group, Intel Corporation. “Intel is creating transformative technologies to enable large-scale industrial IoT deployments, and our investment in Filament will help support that vision.”

“We’re committed to unlocking the benefits of advanced technology for the airline industry and other sectors, and we believe Filament is at the forefront of the new connected IoT world,” said Bonny Simi, president, JetBlue Technology Ventures. “Our investment in Filament is important as blockchain and IoT centric solutions are likely to be game changers for all businesses with critical data.”

www.filament.com

Jan 16, 2008Olivia Cahoon
Teleopti Leads Cloud WFM Space with Microsoft Collaboration and Azure UsageOpsPanda Latest Product Release Provides Organizations with More Insight and Control Over Sales Performance
Product Centrics
TrueNAS Open Source Storage Platform brings Full Windows ACL Support to Linux

Fully featured Windows file system ACLs are well supported in TrueNAS 12.0 (CORE and Enterprise), but not generally supported by Linux. Thanks to some innovation, and sweat from the iXsystems engineering team, TrueNAS SCALE 21.08...

Driving Successful Digital Transformation Initiatives in 2022

Well, the end of the year is the perfect time to reflect on all the past year's activities and plan for the coming year. As we plan for 2022, one thing...

Recovery Platforms

Established in 2013, Imanis Data, previously Talena...

Data Driven Efficiency

Founded in 2003, Tableau is a public software company...

Updated Hitachi CRM

Building Product Manufacturers (BPM) require...

Quick Links
Untitled Document
SW500 SW500 SW500 SW500 SW500
2022 © Rockport Custom Publishing, LLC