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RENO, Nev., March 25, 2019 (GLOBE NEWSWIRE) -- Filament, provider of comprehensive enterprise blockchain solutions for the Internet of Things (IoT), today announced it has received a 451 Firestarter award from leading technology research and advisory firm 451 Research, recognizing the company’s innovative contribution within the technology industry.
451 Research’s Firestarter program recognizes exceptional innovation within the information technology industry. Introduced in 2018, and awarded quarterly, the program is exclusively analyst-led, allowing its team of technology and market experts to highlight organizations they believe are significantly contributing to the overall pace and extent of innovation in the technology market.
Filament was recognized for its Blocklet™ platform which is the first-ever embedded blockchain solution to enable Internet of Things (IoT) edge devices and enterprise data systems to automate business processes through provable, end-to-end trust. Blocklet is the only technology that gives corporations the ability to securely process and record transactions on the device at the edge of the network where information is first generated, assuring data integrity to drive smart contracts, automation, compliance and new revenue streams. The company’s solutions are being used by global corporations in the automotive, communications and other enterprise sectors.
“Being recognized by the industry experts at 451 Research is important validation for Filament and it supports the value of emerging technologies such as enterprise blockchain,” said Allison Clift-Jennings, CEO, Filament. “This is an exciting time for our customers who are creating a new path to the digital future. We are enabling these corporations to develop new products and services with their machines, that are for the first time, trusted to transact independently. As a result, they can effectively participate in and realize the value of distributed ledgers and blockchains.”
“451 Research selected Filament to receive this Firestarter award for its innovative technology that has real potential to create new value for major corporations, particularly in the automotive and transportation market,” said Csilla Zsigri, senior analyst, blockchain and distributed databases, 451 Research. “As companies move toward enterprise blockchain adoption, Filament has proven itself ahead of the curve. Its roots and expertise in open protocol development and the Internet of Things laid a strong foundation for this company that not only understands the technology, but also the market dynamics and the opportunities that lie at the intersection of blockchain technology and industrial IoT.”
Read more about Filament’s 451 Research Firestarter Award.
Filament builds comprehensive blockchain systems for the enterprise and the Industrial Internet of Things (IIoT). Its hardware, software and service solutions allow connected devices and machines to securely interact with and transact value against distributed ledger technology such as a blockchain. Filament is headquartered in Reno, Nevada with offices in Denver, Colorado and Saint Paul, Minnesota. Learn more at filament.com.
About 451 Research
451 Research is a leading information technology research and advisory company focusing on technology innovation and market disruption. More than 100 analysts and consultants provide essential insight to more than 2,000 client organizations globally through syndicated research, advisory services and live events. Founded in 2000 and headquartered in New York, 451 Research is a division of the 451 Group. Learn more about the 451 Research Firestarters.
Filament and the Filament logo are registered trademarks of Filament in the U.S.A. and other countries. Blocklet and Blocklet Chip are trademarks of Filament in the U.S.A. and other countries. All other trademarks mentioned herein are the property of their respective companies.
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