Filament has received $5m in Series A funding, with contributions from Verizon, Haystack, and Samsung. The startup has paired the bitcoin-derived blockchain technology with its own mesh networking sensor hub to build an innovative data collection platform. Samsung’s participation is notable, and it follows a previous blockchain involvement, ADEPT, which was an IBM-led proof of concept design to use the blockchain as a secure public ledger for device identity management and message authorization. ADEPT (Autonomous Decentralized Peer-to-Peer Telemetry) uses the decentralized public ledger developed in bitcoin, used to track every transaction in the cryptocurrency, as a means of managing and tracking the identities of deployed IoT devices, and as a way of authorizing data pushed or pulled from them. Multiple…