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RENO, Nev., April 24, 2019 (GLOBE NEWSWIRE) -- Filament, provider of comprehensive enterprise blockchain solutions for the Internet of Things (IoT), today announced that it has been chosen as a finalist for a Light Reading Leading Lights Award in the “Most Innovative Blockchain for Telecoms Strategy” category.
Filament’s Blocklet® technology is the only blockchain solution that transacts data to a blockchain from the point of origination, on the device itself. The company is working with telecommunications and automotive clients on blockchain-enabled connected vehicle and telematics solutions. Examples include attesting an operator's Internet of Things (IoT) data to help better manage devices, and blockchain-enabling commercial vehicles' telematics to execute smart contracts for lease management.
Light Reading’s Leading Lights Awards program , now in its 15th year, recognizes top companies and executives for their outstanding achievements in next-generation communications technology, applications, services, strategies and innovations. From hundreds of entries, the judges have narrowed the field to select finalists in each of the 22 categories. The “Most Innovative Blockchain for Telecoms Strategy” category is new to the program this year.
“We are honored to be recognized as a Leading Lights award finalist for our work in the telecom industry,” said Allison Clift-Jennings, CEO, Filament. “Our embedded blockchain solution meets the needs of telecom operators and communications providers as it extends the value of connected solutions by enabling secure machine-to-machine (M2M) payments and trusted value exchange among their IoT devices.”
The company’s Blocklet solutions facilitate hardware asset management for vehicles, telematics devices and equipment used in 5G Radio Access Networks. Improving the security and scalability of blockchain implementations, Filament is positioned to help customers drive breakthroughs, develop innovative business models and create new services and products.
The 15th annual Leading Lights Awards winners will be announced at the Leading Lights Awards dinner, which will be held at the Pinnacle Club in Denver on Monday, May 6, 2019. View the complete list of finalists.
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.
Blocklet is a registered trademark of Filament in the U.S.A. and other countries. Filament, the Filament logo 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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