Egypt's Blockchain Startup Elkrem Closes $75,000 From San Franciscan Accelerator Tachyon
By Startup Scene
"Given that we were already in the hardware makers market for the past 5 years, we thought we can develop a hardware development board that eases the integration of hardware and decentralised technologies such as bitcoin, Ethereum, IPFS, Whisper, Swarm,... etc," Amr Saleh, Elkrem's co-founder tells Startup Scene. The product allows blockchain developers to integrate decentralised apps (Dapps) with hardware prototypes in an easy way without having deep knowledge in hardware development, and also allows electrical engineers and hardware developers to connect blockchain to their hardware projects without having deep knowledge of how the blockchain works. "So, they can trigger actuators through smart contracts and log sensors data to smart contracts as well," Saleh adds.
Once confronted by the technology, their minds were blown; "We felt it is going to change everything," Saleh says. "We believed it will have a huge positive impact on IoT and internet connected devices and thought that it might be the missing piece, the unified standard everyone was dreaming of."