Yes I think so... It can be deduced from this statement "It has been designed and optimized specifically for IoT solutions" the word "design" means they are the one who built it i guess
Yep basically its designed to be a light weight chain for use with IOT devices, which opens it up to a whole world of possibilities for being a functional network. I"m really interested to see it in operation this is a pretty exciting project, i'm really hopeful they can pull it off as the scope of clients they could target is pretty near limitless once everythings up and running.