Filament, an IoT Startup Hits First Blockchain Hardware Milestone
Filament which is a startup meant to have its major focus on the Internet of Things (IoT) solutions on Monday made an announcement that it successfully came up with a USB-compatible form factor primarily for the blockchain semiconductor.
Allison Clift-Jennings who is the CEO and Co-founder confirmed to Cryptona.co that this device which is primarily based on the Filaments existing technology will allow technologists start blockchain based projects by plugging into a compatible port. This blockchain native semiconductor was brought to the limelight in January and is meant to offer “the ability to sign and verify transactions at the silicon level.”
Therefore, the new “Blocket” device greatly helps in allowing the ease in interfacing the current infrastructure with the blockchain processors.
Clift-Jennings said during an interview;
“Many products, not all, [have] the ability to connect [to] USB. These are for manufacturing lines – we have a version of a USB product that plugs into the [onboard diagnostics] port in vehicles. It’s very much trying to drive toward machines being transactive in nature.”
Therefore, the filament chief executive stated that the perception of people in regard to blockchain has changed greatly over the past.
“A couple years ago we had the blockchain-native capability, but it was to sell IoT devices as sensors and we’d Trojan horse the blockchain into it. We had a hard time getting people to commit even when they knew about blockchain, now we’re trying to massively hire more engineers and we want that chip in our product line.”
Therefore, this initiative is just like the ones made by Microsoft and IBM. IBM made announcements to launch a blockchain hardware chip. On the other hand, Microsoft is now promoting a cloud computing framework called Azure.
Therefore, the two chips have not been displayed yet and do not exists and people wonder what the corporations have been planning. Clift-Jennings further said;
“Our devices can hold up to 16 keys, so you can have 16 blockchain implementations simultaneously. We can deploy solutions on Microsoft Azure or IBM Bluemix, but that doesn’t give you the application you need. It doesn’t give you the smart contract to write things.”
This startup already has various devices and is currently in the process of ramping up production. Clift-Jennings added and finalized “probably [in the third quarter] people can have as many as they would like.”