Samsung ramps up security of AI-powered home appliances with blockchain-powered Knox Matrix

Source Cryptopolitan

Samsung Electronics is ramping up the security of its AI-powered home appliances by expanding Samsung Knox and introducing blockchain-based solutions.

The company announced these developments at the Samsung Developer Conference 2024 (SDC24). Samsung stressed its commitment to protecting interconnected devices in the age of AI home appliances.

Samsung launching blockchain-powered security

Samsung plans to extend Knox Matrix to its range of home appliances. It was initially developed for mobile devices and TVs.

Knox Matrix is a security solution that utilizes private blockchain technology to protect connected devices and networks. The system comprises three main components.

First is Trust Chain, which allows connected devices to monitor each other for security threats and notify users of threat-blocking measures. Second, Cross Platform ensures consistent security standards across devices running on different operating systems and platforms.

Third, Credential Sync encrypts and synchronizes data shared between devices to maintain security.

Samsung intends to implement these features in major products, including the refrigerator with AI Family Hub, starting next year.

Samsung to introduce Passkey in 2025

Samsung also announced the introduction of Passkey to its AI home appliances in 2025. This digital credential will allow users to log in to home appliance apps and websites using smartphone biometrics such as fingerprints.

Furthermore, Samsung plans to incorporate Knox Vault into its AI home appliances next year. This hardware-based security solution will store sensitive personal information, such as passwords and biometric data, on a separate security chip.

This protects it from OS-based security breaches and physical hacks.

“Samsung will continue to develop security solutions and achieve new certifications to ensure that users can experience peace of mind when using AI home appliances and services in Samsung’s ecosystem,” Miyoung Yoo, EVP and Head of the Software Development Team, Digital Appliances Business at Samsung Electronics, stated.

Samsung’s first entry into blockchain tech began with the launch of Knox Matrix and the Samsung blockchain wallet in 2022.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
EURUSD Long-term Forecast: Can ECB Hawks Overcome the Dollar Bullishness? As one of the most traded currency pair in the forex markets, the price of EURUSD affects many traders. Check out our EURUSD long-term forecast for more information.
Author  Mitrade
Mar 13, 2023
As one of the most traded currency pair in the forex markets, the price of EURUSD affects many traders. Check out our EURUSD long-term forecast for more information.
placeholder
Natural Gas sinks to pivotal level as China’s demand slumpsNatural Gas price (XNG/USD) edges lower and sinks to $2.56 on Monday, extending its losing streak for the fifth day in a row. The move comes on the back of China cutting its Liquified Natural Gas (LNG) imports after prices rose above $3.0 in June. It
Author  FXStreet
Jul 01, Mon
Natural Gas price (XNG/USD) edges lower and sinks to $2.56 on Monday, extending its losing streak for the fifth day in a row. The move comes on the back of China cutting its Liquified Natural Gas (LNG) imports after prices rose above $3.0 in June. It
placeholder
"Big 3" carmakers face "tough choices" to hit inventory targets - Wells FargoInvesting.com -- The so-called "Big 3" Detroit automakers may be facing "tough choices ahead" as they push to lower their inventory levels, according to analysts at Wells Fargo (NYSE:WFC).
Author  Investing.com
9 hour ago
Investing.com -- The so-called "Big 3" Detroit automakers may be facing "tough choices ahead" as they push to lower their inventory levels, according to analysts at Wells Fargo (NYSE:WFC).
placeholder
Vitalik Buterin Suggests New Ethereum Upgrades to Safeguard DecentralizationEthereum co-founder Vitalik Buterin has continued his weeklong intervention on how the blockchain network’s Proof-of-Stake (PoS) mechanism can be further improved with a new essay titled “Possible Futures of the Ethereum Protocol, Part 3: The Scourge.”
Author  Beincrypto
9 hour ago
Ethereum co-founder Vitalik Buterin has continued his weeklong intervention on how the blockchain network’s Proof-of-Stake (PoS) mechanism can be further improved with a new essay titled “Possible Futures of the Ethereum Protocol, Part 3: The Scourge.”
placeholder
Is Amazon a Buy, Sell, or Hold in 2025?Amazon (NASDAQ: AMZN) has certainly pleased investors over the years. In the last five years, the shares' 118% gain outpaced the S&P 500 by about 22 percentage points. Based on the company's long-term growth prospects and valuation, can this continue?
Author  The Motley Fool
9 hour ago
Amazon (NASDAQ: AMZN) has certainly pleased investors over the years. In the last five years, the shares' 118% gain outpaced the S&P 500 by about 22 percentage points. Based on the company's long-term growth prospects and valuation, can this continue?
goTop
quote