Samsung announces “private blockchain” security system for its smart devices

Applications that rely on trust and security are among those starting to use blockchain technology as potential applications continue to expand.

Samsung, the South Korean electronics and software giant, announced on October 13 the implementation of a “private blockchain” security system for its smart devices.

The purpose of the system, which has been named Knox Matrix, is to increase the security of an environment containing multiple devices by allowing each smart device to monitor the activity of the others and share access data to improve the process of logging in through “multi-layer mutual monitoring. “

Notably, the technology was introduced as an overhaul of the company’s existing security strategy at the recent Samsung Developer Conference Samsung, although the firm didn’t elaborate much more on the inner workings of the system.

For example, Samsung claims that using a phone that is connected to another smart gadget, such as a TV or a smart air conditioner, will make these items more resistant to being compromised by any threat.

Simplify login procedures

According to Samsung, the Knox Matrix system will also simplify login procedures throughout the house. This is because the login status is automatically transmitted to devices inside the home that need it to join the network. But at the same time, it will presumably prevent critical information from being accessed by other devices connected to the network.

Samsung did not reveal any information about the debut date or the technical specifications of this system, although the announcement noted that:

“Whether your 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].”

When it comes to implementing security measures specifically designed for ecosystems based on blockchain technology or cryptocurrencies, Samsung has been quite active. As early as 2019, the business included a wallet inside its flagship smartphone, the Samsung Galaxy S10, which enabled the security of private keys through hardware-based mechanisms, as well as announced the production of Bitcoin mining chips.

The security technology discussed at the time was known as Knox, and it was the precursor to the system that Samsung has just unveiled.