The U.S. Department of Homeland Security (DHS) has awarded a grant of $192,380 to Factom to support beta testing of a platform. Its aim is to secure data from Border Patrol cameras and sensors.
“The early phases of Factom’s work has informed architecture choices and design decisions inherent in integrating blockchain with existing technologies,” said Anil John, Identity Management Research and Development Program Manager at the DHS Science and Technology Directorate, in a news release. “In Phase IV, Factom will deploy this technology in a realistic field environment with Customs and Border Protection (CBP) to understand its operational impacts.”
Factom is a Texas-based startup, working on a technology that integrates data collected by the sensors and cameras onto a blockchain, securing data and eliminating the opportunity to spoof, modify or disrupt it, according to the release. Factom’s product will be tested in an environment with limited internet connectivity and variable weather conditions to gauge its performance in a live Border Patrol scenario.
Factom has made several successful fundraising efforts over the last three years, raising $1.1 million in a crowdsale in 2015 and then, later that year, $400,000 in seed funding. October 2016 saw $4.2 million raised, followed by over $8 million in an extended Series A round last April.