Samsung plans to leverage the 'private blockchain” system to enhance the security of its smart devices.
Samsung’s Knox Matrix to Function as Users’ Own Private Blockchain SystemSamsung plans to leverage the “private blockchain” system to enhance the security of its smart devices.
The main objective is to enhance the security of a multi-device environment. Essentially, if a single device gets compromised, the others shut it out of the network automatically.“Samsung Knox Matrix will function as a user’s own private blockchain system, wherein your connected devices enhance security through multi-layered mutual monitoring.
Knox Matrix was unveiled at the Samsung Developer Conference on Wednesday. The inner workings of the system have not been disclosed.As per the latestby Blockdata, Samsung has invested in 13 companies between September 2021 and mid-June 2022 including Yuga Labs, Animoca Brands, and Sky Mavis.
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