Sim, você está descrevendo um pipe nomeado , também conhecido como FIFO.
bash-4p4$ mkfifo mypipe
bash-4.4$ ( dd if=/dev/random of=mypipe ) &
[1] 37688
bash-4.4$ hexdump -C mypipe | head -n 2
00000000 e0 de 4a 6e 48 63 aa 25 21 77 89 85 53 fd 36 57 |..JnHc.%!w..S.6W|
00000010 c3 be 55 f3 15 00 6b 44 64 27 c4 d8 8c 7d de d5 |..U...kDd'...}..|
bash-4.4$ hexdump -C mypipe | head -n 2
00000000 dd ff 66 1d 15 f2 0b 55 ee 94 f2 f1 96 60 e9 8a |..f....U.....'..|
00000010 a0 b9 9d 1d 08 22 0b 33 ad dc 94 c1 61 49 e0 1b |.....".3....aI..|
bash-4.4$ hexdump -C mypipe | head -n 2
00000000 82 7e 99 20 30 65 b9 eb 35 bd 6f 6b b6 bf 7e 2a |.~. 0e..5.ok..~*|
00000010 5e c2 97 b4 e6 47 be 85 43 ab d7 00 be 86 f2 ae |^....G..C.......|
bash-4.4$ hexdump -C mypipe | head -n 2
00000000 3c 22 69 e2 95 64 6f 4e e4 3d 69 8c eb 68 c7 2f |<"i..doN.=i..h./|
00000010 b5 76 4d 81 59 db 06 9b e7 97 85 01 db c3 e0 7b |.vM.Y..........{|
bash-4.4$ kill %1
bash-4.4$
[1]+ Terminated ( dd if=/dev/random of=mypipe )
bash-4.4$ rm mypipe