DHS hopes blockchain can help secure IoT
In its efforts to develop technology to secure the Internet of Things, the Department of Homeland Security Science and Technology Directorate awarded $199,000 to Austin, Texas-based Factom Inc. for a blockchain-based solution.
Factom proposes to create an identity log that captures the identification of a device, the manufacturer, available updates, known security issues and granted authorities while adding timestamps for added security. The goal is to limit would-be hackers’ abilities to corrupt the past records for a device, making it more difficult to spoof.
The award was made under a DHS Silicon Valley Innovation Program solicitation, which launched in December 2015 to encourage non-traditional performers to offer solutions to some of the toughest threats facing the homeland security mission.
Posted by Derek Major on Jun 24, 2016 at 12:47 PM