A company that uses blockchain technology to hack-proof data gathered along the southern border entered the final phase of a Homeland Security Department startup accelerator program last week.
The department’s Science and Technology Directorate struck a $192,000 deal with Factom Inc. to fine-tune software that uses blockchain to secure data collected by internet-connected sensors, cameras and other devices. The award will fund the Austin-based group as it begins beta testing its tech in a wide array of operational environments with Customs and Border Protection.
The deal comes as Factom enters the fourth and final phase of Homeland Security’s Silicon Valley Innovation Program, which fast-tracks technologies with the potential to solve national security challenges. Factom is just the second company to enter the last stage of the program.
Read more at Government Executive
