Samsung to Launch Knox Matrix Blockchain-Based Smart Device Security System
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The consumer electronics giant Samsung announced the launch of Knox Matrix, a blockchain-like security framework for smart devices, at the recent Samsung Developer Conference.
While the company was short on information and did not go into depth about the system’s inner workings, it did emphasize that it will interconnect the various smart devices available on a network to boost security through “multi-layered mutual monitoring.”
For example, Samsung claims that connecting a phone to another smart device, such as a TV or a smart AC, will protect these products from being compromised.