Filament has invested deeply in building secure technologies that make economic exchange among autonomous devices not only a possibility but a reality. Their technology stack enables secure communications and private exchanges between devices, making it possible for machines to interact with any other device or endpoint.
The hardware elements of a Filament network are its low-power hardware nodes, which connect existing machinery and industrial infrastructure to the network, or directly to each other. Filament also provides firmware and software for managing network deployments, utilizing protocols like smart contracts on the Bitcoin blockchain.
Use cases for Filament’s industrial IoT (Internet of Things) technology include smart vending (track inventory stock levels and machine status), asset tracking (e.g., mobile farming equipment), and health & safety (e.g., patch-enabled devices in hard hats or safety vests can detect falls, enforce geofencing rules, and monitor the environment for hazardous materials).