Samsung announces security for smart devices based on the blockchain.
Samsung has stated that it will update the security standards for all of its smart products using blockchain technology.
With the help of blockchain technology, Samsung’s Knox Matrix has increased the security of all connected users’ personal smart devices.
Its latest blockchain-based security solution for “cross-device experiences” is called Knox Matrix. This indicates that every Samsung device within the network, including smartphones and home appliances, is covered by the security layer.
Samsung claimed that Knox Matrix will function as a person’s “own private blockchain system,” with all of that person’s linked gadgets outfitted with the multilayered blockchain monitoring. This includes gadgets like smartphones as well as air conditioners and smart TVs.
The new security enhancement aims to make logins easier while safeguarding users from the misuse of their credentials.
The release states that regardless of whether they are based on Android, Tizen, or another OS, all Samsung devices will make use of Knox Matrix and receive an uniform SDK.
Blockdata reports that between September 2021 and mid-June 2022, Samsung participated in 13 funding rounds, making it the most active investor in the blockchain and cryptocurrency space.
Samsung only mentioned in its post to “stay tuned” and did not provide any technical information regarding the blockchain technology or a release date for Knox Matrix.
