Altcoins Talks - Cryptocurrency Forum
Further Discussions => Blockchain Technology => Topic started by: Henrikbliss on June 18, 2018, 03:09:50 PM
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The U.S. Department of Homeland Security (DHS) Science and Technology Directorate (S&T) has awarded $192,380 to blockchain startup Factom for the development of a blockchain-based technology to secure Internet of Things (IoT) data.
Based in Austin, Factom is a leading solution provider and blockchain integrator for enterprise companies. Back in 2016, the startup was awarded $199,000 by the DHS to advance the security of digital identity for Internet of Things (IoT) devices.
According to the press release, the latest award is part of the fourth and final phase of S&T’s Silicon Valley Innovation Program (SVIP). By combining blockchain technology with critical infrastructure—such as sensors and cameras, Factom’s project helps protect the integrity and authenticity of data collected by these devices.
Read More: https://news.bitzamp.com/us-homeland-security-awards-192k-to-blockchain-startup-factom/ (https://news.bitzamp.com/us-homeland-security-awards-192k-to-blockchain-startup-factom/)
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Wow now thats certainly a breath of fresh air.. the numbers are pretty insignificant but the news is really exciting. Hopefully this can start a trend that will go to alot bigger level investments in the future!
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Wow now thats certainly a breath of fresh air.. the numbers are pretty insignificant but the news is really exciting. Hopefully this can start a trend that will go to alot bigger level investments in the future!
Blockchain is the real deal..The future of cryptocurrency is however, still uncertain..