Samsung to Debut Knox Matrix Blockchain-Based Security System for Smart Devices
Samsung, the consumer electronics giant, has announced the introduction of a blockchain-like security system for its smart devices. Named Knox Matrix, the objective of the system is to increase the security of a multi-device environment, with each smart device monitoring others and sharing access data to simplify login tasks. Samsung Blockchain-Powered Security System Blockchain technology is being harnessed for more and more uses each passing day, including security and trust-based applications. This time Samsung, the Korean consumer electronics and software company, has announced the....
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Samsung’s Knox Matrix uses blockchain technology backing to increase security for all personal smart devices of a user connected to the network. Tech giant Samsung announced it will utilize blockchain technology to upgrade security protocols for all of its smart devices.Knox Matrix is its new blockchain-based security solution for “cross-device experiences.” This means the security layer covers all Samsung devices, from smartphones to home appliances, within the network.Samsung says Knox Matrix will work as an individual's “own private blockchain system,” with all of one’s interconnected....
Mobile devices are potentially huge security vulnerabilities in enterprise and government environments. Compromised devices can result in all sorts of sensitive information being leaked. BlackBerry used to dominate the enterprise and government sectors due to their focus on security. However, in recent years, the Canadian phone company has fallen behind to competitors like Apple and Samsung, who have made significant advancements in mobile security. The U. S. government has increasingly shifted towards dropping Blackberry in favour of Apple and Samsung devices, which were approved for....
Filament has raised $5m in Series A funding led by Bullpen Capital and including contributions from Verizon Ventures and Samsung Ventures. The decision by Samsung Ventures, the capital arm of consumer electronics giant Samsung, marks its first public investment in a blockchain industry firm and notably follows its participation in IBM's blockchain proof of concept ADEPT. Announced in January, ADEPT used the bitcoin and Ethereum networks to enable devices to communicate as part of a wider transition toward connected consumer devices known as the Internet of Things (IoT). Co-founder and CEO....
The well known electronics giant Samsung, the manufacturer of LCD and LED panels, laptops, mobile phones, memory chips, and televisions, revealed that the firm’s upcoming smart TVs will incorporate non-fungible token (NFT) technology.
Samsung Reveals Smart TV With NFT Capabilities
One of the largest electronics manufacturers worldwide, Samsung Electronics, has noticed how popular NFTs are today and the company believes there’s something needed to view these digital artworks. The U.S. Samsung Newsroom published a summary of the company’s latest lineup of....
IBM has unveiled its proof of concept for ADEPT, a system developed in partnership with Samsung that uses elements of bitcoin's underlying design to build a distributed network of devices - a decentralized Internet of Things. The ADEPT concept, or Autonomous Decentralized Peer-to-Peer Telemetry, taps blockchains to provide the backbone of the system, utilizing a mix of proof-of-work and proof-of-stake to secure transactions. IBM and Samsung chose three protocols - BitTorrent (file sharing), Ethereum (smart contracts) and TeleHash (peer-to-peer messaging) - to underpin the ADEPT concept.....