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Samsung Unveils Knox Matrix Blockchain-Based Security System for Smart Devices

Consumer electronics giant Samsung has announced the introduction of a blockchain-like security system for smart devices. Dubbed Knox Matrix, the system aims to enhance security in multi-device environments, allowing each smart he device to monitor the other and share access data to simplify login tasks.

Security system using Samsung’s blockchain

Blockchain technology is being used in more and more applications every day, including security and trust-based applications. South Korean consumer electronics and software company Samsung has now announced the implementation of a “private blockchain” system as a way to enhance the security of smart devices.

At the recent Samsung Developer Conference, the system, dubbed the Knox Matrix, was announced as a refresh of Samsung’s current security approach. The company didn’t go into details and didn’t reveal the inner workings of the system, but said it interconnects the various smart devices available on the network and enhances security through “multi-layered mutual monitoring.”

For example, Samsung claims that using a phone connected to another smart device such as a TV or smart AC can prevent those devices from being exposed to threats.

Connectivity and hardware

Samsung says its Knox Matrix solution also streamlines login tasks throughout the home by automatically delivering login status to the devices required to join the network. But at the same time, it protects ostensibly sensitive information from other devices in your network.

The announcement states, “Whether Samsung devices are based on Android, Tizen, or any other OS, Samsung Knox Matrix will now be able to offer an integrated security SDK. [software development kit]The release date and specifications of this system are not provided by Samsung.

Samsung has been proactive about including hardware security specifically made for blockchain and cryptocurrency-based environments. In 2019, the company’s flagship smartphone, the Samsung Galaxy S10, featured a wallet that provided hardware-based protection for private keys.

A security system called Knox that was included at the time was the predecessor of Samsung’s recently announced system. The company also has a significant presence in the non-fungible token (NFT) space, and in August he worked with six different companies to establish his NFT ecosystem for its own Galaxy brand. Did.

What do you think of the announcement of Samsung’s blockchain-based security system, Knox Matrix? Let us know in the comments section below.

Sergio Goshenko

Sergio is a cryptocurrency journalist based in Venezuela. He explains that he entered the cryptosphere in December 2017 when the price hike happened and fell behind the game. Computers He comes from an engineering background, lives in Venezuela, and has been affected by the cryptocurrency boom on a societal level, he offers a different perspective. About the success of crypto and how it can help the unbanked and underserved people.

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Samsung Unveils Knox Matrix Blockchain-Based Security System for Smart Devices

Source link Samsung Unveils Knox Matrix Blockchain-Based Security System for Smart Devices

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