As a seasoned analyst with over two decades of experience in the tech industry, I’ve seen many companies attempt to revolutionize their sectors. However, Samsung’s latest move to integrate blockchain technology into its AI home appliances is one that truly piques my interest.
Samsung, a prominent technology company from South Korea, is strengthening its commitment towards blockchain technology to boost security features within its AI-powered home appliances.
Samsung intends to broaden the application of blockchain technology, announcing a strategy to enhance security for its AI-powered home appliances.
On October 21st in a blog post, Samsung announced an expansion of its current Knox Matrix system. Originally utilized on mobile devices and TVs, the initiative now applies to a wider variety of home appliances. The Knox Matrix framework employs a private blockchain to establish a “Trust Chain” between devices, enabling them to detect security risks among themselves. If any problems occur, users are notified accordingly.
Using blockchain technology, Trust Chain enables interconnected devices to keep an eye out for potential security issues among themselves. If any device detects a security concern, it alerts users about the necessary protective actions.
Samsung
Furthermore, Samsung intends to fortify security across various devices using its “Cross-Device” technology, maintaining uniform safety measures irrespective of the operating system. On top of that, their “Credential Sync” feature bolsters privacy by encoding and synchronizing user information. This is as per the blog announcement.
Samsung intends to start introducing these new features to its major product lines by the next year, although no exact timeline has been given. It’s clear that Samsung aims to incorporate biometric authentication, enabling users to access apps and services securely using their fingerprints, thereby eliminating the reliance on passwords.
Samsung has delved into the world of blockchain before this instance. Based in Suwon-si, they have experimented with blockchain solutions across multiple industries. For example, their Galaxy smartphones come equipped with a digital wallet known as “Samsung Blockchain Wallet,” and they’ve developed the Samsung Blockchain Keystore to protect private keys and simplify the use of decentralized applications.
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2024-10-21 09:45