Samsung will launch the Samsung Knox Matrix this year at the Samsung Developer Conference to enhance the security of all its devices.
The leading smartphone producer announced that it would utilize blockchain technology to build the Samsung Knox Matrix, a security platform. The security platform is competent enough to provide defense-grade security used by apex government agencies worldwide.
Security the objective for Samsung
Samsung believes that no matter how the device ecosystem has made our experience seamless, the moment we connect it to the internet, our data is always at risk of hackers’ target.
To solve this, Samsung Know Matrix will work as the user’s private blockchain. It will work on all Samsung devices, from smartphones to TVs to air conditioners. The platform will provide a unified Software Development Kit so that the security feature works seamlessly on any operating system on Samsung devices.
Samsung is yet to release more information on how the security protocol will work utilizing blockchain technology. However, the community finds it interesting to keep a close watch. They also look forward to how other smartphone companies will use blockchain technology.
Samsung’s making its mark in Web3.
Samsung is rapidly scaling to build around Web3. Earlier this year, they announced the Samsung wallet at its “Unpacked 2022” virtual event. The event was held at Samsung’s 837X space in the Decentraland metaverse.
Samsung also provides NFT support in its new lineup of smart TVs. In August 2021, it was reported that Samsung integrated South Korea’s Central Bank Digital Currency into its flagship smartphone.
Web3 giants building for mobile
A couple of months back, Solana announced Solana saga, an Android phone that lets potentially billions of users get connected on Web3. The aim of the phone was to enable users seamlessly transact and manage digital assets like tokens and NFTs.
“It’s time for Web3 devs to start building for mobile usage instead of around mobile usage. The blockers to achieving this goal are clear: The app store policies of Google and Apple haven’t evolved for Web3. The custody solutions on phones haven’t materialized. The software and hardware haven’t been natively integrated. It is time for crypto to go mobile” says Anatoly Yakovenko, the co-founder of Solana
Got something to say about Samsung or the adoption of blockchain technology in the world of smartphones? Write to us or join the discussion on our Telegram channel. You can also catch us on Tik Tok, Facebook, or Twitter.
For Be[In]Crypto’s latest Bitcoin (BTC) analysis, click here
Disclaimer
All the information contained on our website is published in good faith and for general information purposes only. Any action the reader takes upon the information found on our website is strictly at their own risk.
Source: https://beincrypto.com/samsung-introduce-blockchain-security-feature-to-smart-devices/