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 implementation of a “private blockchain” system as a way of increasing the security of its smart devices.
At the recent Samsung Developer Conference, the system, named Knox Matrix, was presented as a revamp of Samsung’s current security approach. While the company was thin on details and did not specify about the inner workings of the system, it did explain that it will interconnect the different...
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