Accelerating the
Industrial Internet of Things

Filament

Filament
United States
2012
Private
< $10m
11 - 50
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DESCRIPTION

Filament is a startup that builds blockchain hardware and software solutions for the enterprise and Industrial Internet of Things (IIoT), allowing companies to securely connect devices and machines that interact and transact value independent of a central authority.

Their new Blocklet USB Device enables existing industrial and enterprise machines to securely execute transactions on a blockchain. Businesses can launch blockchain projects by simply inserting the hardware device into machines with a USB-compatible port.

The Blocklet Universal Serial Bus (USB) device provides host systems with secure identity and authentication services. The device installs in a standard Type A USB 2.0 host port and interfaces to a host device driver for configuration and subsequent operational services.

During an installation pairing-process, the Blocklet USB device and supported host permanently bond, thereby establishing an immutable unique identity for the combined devices. The bonding enables supported configurations to engage in sensitive transactions requiring uncompromised device identification and digital signatures. Attempts to use a Blocklet USB device with any host other than the host the USB device was originally bonded with will be unsuccessful.

Finally, USB device applications include, but are not limited to, digital asset verification and transfer operations such as traditional Blockchain, Ethereum, etc. – i.e. secure digital repository applications generally referred to as Digital Ledger applications.

IOT SNAPSHOT
The IoT ONE Radar indicates a vendor's relative focus on hardware, software and services.
Hardware
Processors provide the intelligence behind IoT systems and are often integrated into system-on-a-chip designs.
Software
Software that ingests data and visualises it to generate insights to answer specific questions
Software that focus on securing devices, machines, and communications between them.
Services
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