Minima, a blockchain designed to manage transactions across the internet of things (IoT) comprising mobile phones, cars and other devices is working with semiconductor giant ARM to develop a microchip with a decentralized ledger embedded in it.
Under the agreement, announced Tuesday, Minima will work with ARM’s Flexible Access Program, which gives 70 or so startups access to the hardware giant’s intellectual property portfolio and chip design system. The “Minima Chip” will provide each device with a secure node capable of verifying data, generating tokens, enabling peer-to-peer messaging and generally bringing “blockchain everywhere,” the companies said.
The concept of IoT and blockchain first emerged with projects like IOTA, and the idea has become part of a wider trend in crypto known as decentralized physical infrastructure networks (DePIN), which includes use cases around telecoms (Helium) and storage (Filecoin).
Much of Minima’s
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Author: Ian Allison
