Consumer electronics giant Samsung has announced the introduction of a blockchain-like security system for its smart devices, dubbed Knox Matrix, which aims
Samsung Blockchain Powered Security System
Blockchain technology is being used for more and more applications with each passing day, including security and trust-based applications. This time, Samsung, a South Korean consumer electronics and software company, announced the implementation of a “private blockchain” system as a way to increase the security of smart devices.
The system, dubbed Knox Matrix, was announced at the recent Samsung Developers Conference as a revamp of Samsung’s current security approach. Details are scarce, but the system is described as interconnecting various smart devices on a network to enhance security through “multi-layered mutual monitoring.”
For example, Samsung claims that by using a phone connected to another smart device, such as a TV or smart AC, these devices will be more secure against any threats.
Connectivity and Hardware
According to Samsung, the Knox Matrix solution is automatically distributed to devices that require login status to join the network, making any home The company says that this also streamlines the process of logging in at any location in the home. At the same time, however, it ostensibly protects sensitive information from other devices on the network.
The announcement also notes that “whether Samsung devices are based on Android, Tizen, or other operating systems, Samsung Knox Matrix will be able to provide a unified security SDK (software development kit).” No release date or specifications for this system were provided by Samsung.
Samsung is aggressive when it comes to including hardware security created specifically for blockchain and cryptocurrency-based environments. As early as 2019, the flagship Samsung Galaxy S10 smartphone will include a wallet that features hardware-based protection for private keys.
The security system installed at that time is called Knox and is the predecessor to Samsung’s recently announced system. The company is also very present in the non-fungible token (NFT) space, having collaborated with six companies in August to create its own Galaxy-branded NFT ecosystem.
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