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Briefing
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- Blocklet Chip – Blockchain startup Filament developed Blocklet, Internet-of-Things (IoT) microchip that enables industrial devices to connect and interact with multiple blockchains
- Blockchain Integration – Currently works on open-sourced Hyperledger Sawtooth blockchain, with integration to other blockchains, such as Ethereum or Hyperledger Fabric, in development
- Transparent Processes – Looking to improve end-to-end business processes using smart contracts, escrow agreements, and encrypted microtransactions, with initial focus on logistics companies, and potential expansion to other industries, including agriculture, insurance, and food and beverage in future
- Potential E-Commerce Benefit – Can also be leveraged to sell industrial data to other companies, potentially creating new revenue streams for companies
- Pilot Testing – Already conducted successful pilot internally and now looking to partner with other companies for external tests
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Accelerator
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Sector
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Agriculture, Forestry and Fishing, Financial Services, Food and Beverage, Industrial Manufacturing, Transportation and Logistics
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Organization
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Filament
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Source
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Original Publication Date
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January 16, 2018
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