Austin-based startup Factom, Inc. has been awarded $192,000 for beta testing of a new system that uses blockchain technology to secure data generated from internet-connect devices through the U.S. Department of Homeland Security’s (DHS) Science and Technology Directorate (S&T).
Administered through the DHS S&T Silicon Valley Innovation Program (SVIP), the funds will enable Factom to finalize a system that integrates blockchain technology, which resists data modification by recording data in a chronological chain of data, into critical infrastructure like sensors and cameras.
“The early phases of Factom’s work has informed architecture choices and design decisions inherent in integrating blockchain with existing technologies,” Anil John, manager of the S&T Identity Management Research and Development Program, said. “In Phase IV, Factom will deploy this technology in a realistic field environment with Customs and Border Protection (CBP) to understand its operational impacts.”
Testing in the final phase of the project will focus on determining the reliability of internet of thing (IoT) devices in external environments with limited internet access. Testing will also focus on demonstrating how blockchain technology can be used to prevent data disruption.
“Operational testing in a realistic U.S. Border Patrol environment will greatly benefit the development of this technology,” Melissa Ho, managing director of SVIP, said. “SVIP’s goal is to partner with companies to produce the best possible market-ready products that address homeland security needs, and we feel that this project could reach that point.”