Dept of Homeland Security Awards $200K to Factom for ID System
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Dept of Homeland Security Awards $200K to Factom for ID System

THELOGICALINDIAN - An advertisement from the Department of Homeland Aegis DHS has appear that the Austinbased close Factom will accept a admission for 202400 USD to annex a arrangement of aegis of agenda character for Internet of Things IoT devices

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Factom to Ensure Immutability for IoT Devices

Department of Homeland Security FactomIn a columnist absolution beatific to Bitcoin.com, DHS awarded Factom with some allotment from the Science and Technology Directorate (S&T).

The plan for the basic is for a activity entitled, “Blockchain Software to Prove Integrity of Captured Data From Border Devices.”

The funds were awarded to the Factom aggregation through accepting the Internet of Things (IoT), Solicitation Number: HSHQDC-16-R-00035. This is the aboriginal angle beneath the anew created Silicon Valley Innovation Program.

DHS Under-Secretary for Science and Technology Dr. Reginald Brothers declared in the announcement:

Internet of Things technology uses microchips aural accustomed accessories and networks them calm so they can accomplish through affiliated sensors and operating systems such as smartphones.

DHS OTS is absorbed in new account that abode aegis solutions “to advance situational acquaintance and aegis for attention these domains, including the 16 analytical basement sectors monitored by DHS.”

Last week, DHS issued a press release that abundant the allotment of six blockchain startups, anniversary awarded $600,000 USD for the Small Business Innovation Research (SBIR) initiative. Anniversary aggregation was accepted $100,000 USD to advice DHS added its abstruse progression.

Melissa Ho, Managing Director, S&T’s Silicon Valley Innovation Program had this to say about Factom’s contempo grant:

factom logoThe Factom Inc. aggregation will ensure accurate accessories cannot be spoofed and accomplish abiding things are absolutely abiding with the use of its blockchain technology.

The aggregation will actualize an character log that secures the identification of a accessory such as “who bogus it, lists of accessible updates, accepted aegis issues and accepted authorities while abacus the ambit of time for added security.” Tiana Laurence CMO of Factom told Bitcoin.com:

The mission is to baffle off hackers and bribery of the actual annal of these accessories and accomplish them chargeless from counterfeit activity.

Factom is admiring with the contempo allotment and affairs on application blockchain technology to advantage defended solutions for DHS and abounding basement systems begin about the globe.

What do you anticipate about Factom accepting a admission from DHS? Let us apperceive in the comments below!

Images address of DHS, Factom, and Pixabay.