Translation: Nicole The Department of Homeland Security (DHS) and the Technology Directorate (S&T) recently awarded $199,000 to Factom Inc., an Austin, Texas-based blockchain technology company, to improve digital identity security for the Internet of Things, the Department of Homeland Security reported recently. Factom’s proposal, “Blockchain Software to Prove Integrity of Captured Data From Border Devices,” was awarded funding for its potential to secure the Internet of Things, with the Silicon Valley Innovation Program (SVIP) Other Transaction Request (OTS) Solicitation Number: HSHQDC-16-R-00035. Dr. Reginald Brothers Dr Reginald Brothers, DHS Secretary of Science and Technology, said:
DHS OTS is seeking innovative solutions to further improve situational awareness and protect the security of the 16 critical infrastructure sectors overseen by DHS. Melissa Ho Melissa Ho, general manager of S&T's Silicon Valley Innovation Program, said:
Factom Inc. plans to use blockchain technology to authenticate devices, prevent electronic spoofing and ensure data integrity. The company generates an identity log that details the identity of the chain device: the manufacturer's name, available updates, known security issues and authorized authorities, and a time dimension for better security. The goal is to limit the history of hackers compromising devices, making it more difficult to spoof them. |
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