Samsung to Debut Blockchain-Based Security System for Smart Devices
On October 13, the Korean consumer electronics and software firm, Samsung announced the implementation of a “private blockchain” system as an approach to expanding the security of its smart devices.
Through Thursday’s ‘feature stories’ post, Samsung reported about its new security solution, Knox Matrix, which uses blockchain technology to secure an ecosystem of gadgets, at its developer conference (SDC). Samsung Knox is Samsung's security platform that has gained huge headway within cell phones.
Samsung smartphones are not by any means device prone to vulnerabilities in today's digital world. Most people are involved in one or more digital ecosystems that could traverse a huge number of gadgets. As the number of smart home and IoT devices keeps on increasing, it has become similarly hard to guarantee that each device associated with the network is secure.
Samsung Matrix looks to upgrade the security of connected devices with the help of blockchain technology.
As per Samsung, its Knox Matrix solution will also streamline login tasks all around the home, because the login state is distributed automatically to devices that need it to join the network. However, simultaneously, it will ostensibly shield delicate data from different devices in the network.
The announcement likewise takes note of that “Whether your Samsung devices are based on Android, Tizen, or another OS, Samsung Knox Matrix will be able to provide a unified security SDK [software development kit].” Samsung didn’t yet reveal the launch date and the specifications of this system.
CBW - External Analyst