South Korean electronics manufacturer Samsung has incorporated blockchain technology into its AI-powered home appliances. According to a blog post released on Monday, the firm is expanding its adoption of blockchain technology to enhance the security of its artificial intelligence home devices.
In the post, Samsung disclosed that it has extended the existing Knox Matrix framework to an array of home gadgets. The Knox Matrix framework leverages private blockchain to design a Trust Chain that connects devices to monitor each other for security concerns.
With the Trust Chain, connected devices can alert users if there is a security threat. Before now, Samsung has successfully incorporated the Know Matrix framework into mobile devices and TVs enhancing their security.
Furthermore, Samsung intends to further support the security of its devices using the Cross Platform technology to ensure the maintenance of its standards irrespective of the operating system. Also, the firm will use the Credential Sync to boost users’ privacy by encrypting and synchronizing their data.
According to the statement, Samsung intends to release some of these core features for certain products by 2025. Meanwhile, the South Korean company has failed to give a certain time for the features to become available.
Aside from the incorporation of blockchain technology, Samsung will also roll out biometric authentication to allow users to access different apps and services using their fingerprints. More so, this innovation helps eliminate the need for passwords.
Samsung Foray Into The Blockchain Landscape
It is worth mentioning that the Knox Matrix framework is not the first adoption of blockchain technology by Samsung. Recall that before now, the giant electronics manufacturer has leveraged blockchain technology for various solutions.
Further, Samsung incorporated blockchain solutions for enhanced security of its Galaxy smartphones. Also, the mobile phones have an in-built cryptocurrency wallet; Samsung Blockchain Wallet, and Samsung Blockchain Keystore.
Thanks to these innovations, Samsung equipped the phones to protect their seed phrase and explore various decentralized applications. Similarly, in 2023, the company also joined forces with the Bank of Korea to carry out research on its Central Bank Digital Currency (CBDC).
The two partners worked on the development of an offline payment system for the CBDC. Likewise, the Bank of Korea indicated that it is relying on the expertise of its partner to lead the host of central banks worldwide that are ambitiously exploring offline payment systems for their CBDC.