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Filament’s Industrial Internet of Things Blockchain Solution Wins 2018 IoT Innovator Award

September 26, 2018

RENO, Nev., Sept. 26, 2018 (GLOBE NEWSWIRE) -- Filament, provider of comprehensive blockchain solutions for the Internet of Things (IoT) and the enterprise, today announced that it has won the Silver 2018 IoT Innovator Award for Best IoT Hardware – Commercial and Industrial. Each year, IoT Innovator, a publication dedicated to the IoT market, honors the best IoT businesses and products worldwide.

Recognized for its Blocklet Chip™, Filament’s first-of-its-kind Industrial Internet of Things (IIoT) blockchain hardware technology extends the value of the IoT beyond traditional connectivity, and enables companies to securely transact value and achieve monetization of connected equipment. In its Blocklet™ USB Enclave form factor, the Blocklet hardware is designed to help companies with existing IIoT machines get started with blockchain projects by plugging the secure device into any connected USB port.

“Every year, our judging panel finds it increasingly difficult to whittle down the list of applicants and this year is no exception. Our 2018 finalists and winners are continuously raising the bar when it comes to connecting billions of devices in a truly transformative way,” said Kim Kay, editor-in-chief of IoT Innovator. “We applaud this year’s winners, who are doing so much more than just connecting things; they’re effectively enabling users to make informed, data-driven decisions about the valuable resources we share across communities.”

Filament’s Blocklet solutions, designed for industries with connected assets including mobility, renewable energy and supply chain, enable e-commerce for machines. The blockchain-native technology allows connected physical assets to become direct participants in blockchain applications by providing a means to securely generate cryptographic identities and sign transactions.

“We are honored to be included among this group of leaders and visionaries,” said Allison Clift-Jennings, CEO, Filament. “Our blockchain technology creates inherent trust and thereby improves both the value and economics of the digitally connected world. We firmly believe that the impact of the convergence of the IoT and blockchain will be widespread, transforming business models in many industries.”

Winners of this year’s IoT Innovator Awards include Avnet, Western Digital Corporation and more. See the full list of winners at: http://iotinnovator.com/winners-revealed-for-the-2018-iot-innovator-awards/

About FilamentFilament 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 IoT InnovatorIoT Innovator is the brainchild of WestWorldWide, LLC, a venerable IT publisher that has been covering the best of IT since 1980. WestWorld’s flagship and IoT Innovator’s sister publication, Computer Technology Review, is one of the most respected editorial authorities in the IT industry. For more information, including how to enter next year’s awards, visit IoT Innovator’s Awards page.

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.

Filament Media ContactChristy KempDahlia Public Relations303-898-3390 ckemp@dahliapr.com

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