Blockchain for IoT: Minima to Develop Ledger-Embedded Microchips With ARM
Blockchain for IoT: Minima to Develop Ledger-Embedded Microchips With ARM
Minima, a blockchain platform designed for managing transactions across the internet of things (IoT), is collaborating with semiconductor giant ARM to create a microchip embedded with a decentralized ledger. This partnership falls under ARM’s Flexible Access Program, granting startups access to ARM’s intellectual property portfolio and chip design system. The ‘Minima Chip’ aims to equip each device with a secure node capable of data verification, token generation, peer-to-peer messaging, and widespread blockchain integration, fostering the concept of ‘blockchain everywhere’.
The convergence of IoT and blockchain technologies has gained traction with projects like IOTA, paving the way for decentralized physical infrastructure networks (DePIN) in sectors such as telecommunications (e.g., Helium) and storage (e.g., Filecoin). Minima’s focus has primarily been on the automotive industry, collaborating with companies like Volvo to implement full nodes in car head units for tasks like telemetry data attestation, battery passports, and enhancing electric vehicle (EV) charging flexibility through tokens from private wallbox charging devices.