This startup's new chip connects blockchain to the IoT

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This startup's new chip connects blockchain to the IoT.


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Blockchain startup Filament announced a new microchip that will allow companies to connect industrial devices, shipping containers, and similar assets and enable them to communicate with blockchains, according to VentureBeat.

The new Blocklet chip allows connected devices and equipment to complete transactions on their own and create contracts that are recorded on a blockchain based on rules and procedures set by their operator.



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This startup's new chip connects blockchain to the IoT