Samsung Introduces Knox Matrix Blockchain-Based Security System

Samsung said that it will use blockchain technology to improve security standards for all of its smart products.

Knox Matrix is the company’s latest blockchain-powered security solution for cross-device experiences. This implies that the security layer protects all devices on the network, from smartphones to household appliances.

Knox Matrix, according to the company, will function as an individual’s own private blockchain system, with all associated devices outfitted with the blockchain’s multilayered surveillance. This includes cellphones, as well as smart TVs, and air conditioners.

The new security improvement is meant to safeguard users against credential vulnerabilities while also making logins easier.

According to the release, all devices, whether Android, Tizen, or another OS, would use Knox Matrix and receive a uniform SDK. This follows the introduction of the company’s new cooperation with Google to improve multi-smart device experiences in the home.

Samsung has been aggressive in increasing its Web3 footprint. It has invested in an upcoming Web3 game studio, while Samsung’s Asset Management business recently launched a blockchain exchange-traded fund in Hong Kong. The managing director of Samsung Next also emphasized the need of developing and investing in the Web3 area at this time.

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