Gemalto Sees Two Waves of Blockchain Adoption Forming
Cryptography, mobile, machine-to-machine, payments – while those in the blockchain community may associate such terminology with use cases for the emerging technology, they are all already components of Gemalto’s business strategy. The digital security giant earned €2.4bn in annual revenue in 2014 on the strength of its two main offerings – embedded software and products, and platforms and services – both of which serve its broader mandate of facilitating trusted exchange in a digital environment. Given this background, it may be no surprise that Gemalto is looking to leverage its success....
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Thanks to their unique technology portfolio, Gemalto has become a well-established brand in the world of digital security. Whenever companies active in the world of digital security and blockchain startups meet, good things are bound to happen sooner or later. A recent partnership between Gemalto and Symbiont will lead to the use of smart contracts and other blockchain-based transactions in capital markets. The main goal of this collaboration is preventing illegal activities, such as forgery and theft. Some people may have heard the name Gemalto before, as this company is publicly traded....
Digital security giant Gemalto has partnered with blockchain startup Symbiont to allow financial institutions to more securely execute smart contracts and blockchain-based transactions. Under the deal, Symbiont will use Gemalto's SafeNet hardware security modules (HSMs) to protect blockchain identities and transactions, with the aim of preventing theft, forgery and other types of criminal activity. The HSMs will provide protection for Symbiont's platform by "securely managing, processing and storing" cryptographic keys, Gemalto said. It added that the devices are used by a number....
Security is of great importance to the world of Bitcoin and blockchain technology, and strategic partnerships will bring more legitimacy to this industry. Gemalto, a company, working on security solutions who recently partnered with Symbiont, has introduced their biometric security platform. The primary goal is to deploy this new feature in consumer-grade electronics shortly, which would impact Bitcoin adoption. Gemalto Focuses on Biometric Security. Consumer electronics need to be protected properly, and username and password combinations are a thing of the past. Particularly where....
Asian markets are much friendlier to enterprise blockchain adoption, says Waves's founder. Waves Enterprise has onboarded Tokenomika Pte Ltd., a Singapore-based fintech company, as an operator for its hybrid public-private blockchain. Tokenomika will operate the Waves Enterprise public permissioned network, starting in March. The expansion comes as part of a strategy shift for Waves Enterprise, focusing more on hybrid networks that can interface with public blockchains like Ethereum. In Gartner’s “hype cycle for blockchain” report, the analytical firm predicts that the enterprise world....
WAVES price rallied in excess of 100% after unveiling plans to launch a blockchain agnostic Metaverse and establishing a new partnership with Allbridge to facilitate cross-chain transfers. Development never stops in the blockchain sector and projects that continuously evolve are the ones that stay at the forefront and survive over the long-term. One project attempting to stay on top of the innovation wave is Waves, a multi-purpose blockchain protocol designed to support a variety of use cases, including decentralized applications and smart contracts. Data from Cointelegraph Markets Pro and....