Samsung, a South Korean technology company, is increasing its investment in blockchain technology to improve the security of its AI home appliances
Samsung intends to enhance the security of its artificial intelligence home appliances by expanding its utilization of blockchain technology.
On Monday, October 21, Samsung announced that the new initiative expands the Knox Matrix framework, which was previously employed on mobile devices and TVs, to encompass a broader array of home appliances in a blog post.
The “Trust Chain” is established by the framework through a private blockchain, which enables interconnected devices to monitor each other for security concerns and notify users of any issues that may arise.
Furthermore, Samsung’s “Cross Platform” technology is designed to improve security across devices by assuring consistent standards, irrespective of the operating system. Meanwhile, according to the blog announcement, “Credential Sync” enhances privacy by encrypting and synchronizing user data.
Although Samsung has not specified a specific timeframe, it intends to implement these features on its most significant products next year.
The corporation is also expected to incorporate biometric authentication, enabling users to access applications and services using their fingerprints, thereby eliminating the need for passwords.
This is not Samsung’s initial venture into the blockchain industry. Previously, the multinational corporation headquartered in Suwon, South Korea, has investigated blockchain solutions in various sectors.
This includes its Galaxy smartphones, equipped with a blockchain wallet called the “Samsung Blockchain Wallet” and the Samsung Blockchain Keystore, intended to protect private keys and enable decentralized app usage.
