Filament develops hardware and software solutions that allow machines and devices that are connected to the Internet-of-Things to securely interact with a blockchain. Their products leverage the decentralized transaction capabilities of blockchains to better connect these devices and allow them to transact in new ways. Filament offers both external hardware as well as software for embedded devices connected to the IoT.

Machine Xchange is building a blockchain-based platform that will connect devices in the Internet of Things. Their machine to machine protocol is designed to improve data exchanges between devices. Machine Xchange's network is powered by the Ethereum-based MXC token.