Summary
Samsung is expanding its reach towards blockchain and taking an initiative to boost security across its AI-powered home devices. It plans to integrate some of blockchain features including its enhanced security framework for smart appliances.
Trust Chain for Device Security
Samsung announced their aim to extend the Knox Matrix framework, previously used in Mobile devices, TVs and in home appliances. This framework uses a private blockchain to create a “Trust Chain”, which allows devices to monitor each other, reducing security threats.
According to Samsung :
“Based on blockchain technology, Trust Chain allows connected devices to monitor each other for security threats and notifies users of threat-blocking measures if there is a problem with the security status.”
Cross-Platform Privacy and Protection
Samsung is also launching “Cross Platform” technology which ensures consistent security across all operating system. It will add another layer of privacy by adding encryption and decryption system. Furthermore, Samsung also plans to upgrade their privacy sector by adding biometric authentication.
Broader Blockchain Integration
This effort will benefit decentralized space, like how DeFi is making transactions much smoother than TradFi. This initiative by Samsung is built on their previous blockchain projects, such as The Samsung Blockchain Wallet and Samsung Blockchain Keystore. These projects provide secure private keys which supports decentralized applications ( dApps), showcasing Samsung’s commitment to Blockchain and innovation.