Building with Blockchain is a growing urgency
Samsung
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Samsung Knox Matrix will function as a user’s own private blockchain system, wherein your connected devices enhance security through multi-layered mutual monitoring. In order to protect user's smart homes from unauthorized access and to make the login process more convenient, Samsung Knox Matrix will share credentials device-to-device and protect sensitive information even between trusted devices.
Whether your Samsung devices are based on Android, Tizen, or other OS, Samsung Knox Matrix will be able to provide a unified security SDK. With all that, Samsung will continue to advance common security standards for across various Samsung connected devices.[s]
One of the key importance of blockchain integration is security, the current world technologies often sacrifice security in other to achieve certain layer functions, this could be cross-platform interoperability or simple personal area network(PAN) functions.
A growing urgency is perceived most when dealing with cross-platform or inter-device connectivity, we can see for ourselves a glance of bridge vulnerabilities, and while the technology isn't entirely perfect to beat value extraction on many blockchains, on a level of raw data protection, the technology is well fit to allow end-to-end encryption and full fresh data security.
A notable example of what this counts for is "Hash Structures" which are a one-way function, and via private key authorization, we're looking at a technology that beats the reality of many supercomputers.
What Samsung plans on achieving is "Interoperability and Security" on the base layer, when both functions are achieved, it is much easier to scale the system forward with further integration.
... So we should be expecting an integration that allows a large area of network security across all Samsung devices and we are not talking about just smartphones but every device in a smart home. The reality of things is that this system of data protection cuts through the corners of the flaws of network securities, there's less exposure meaning fewer open doors for attacks.
Digital IDs - South Korea
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According to an Oct. 17 report from Bloomberg, a plan from the government will see digital IDs embedded as an app within mobile devices in the future, working in a similar fashion to physical resident registration cards.
The digital IDs are expected to launch in 2024, with around 45 million citizens expected to adopt the technology within two years.
An economist at Korea’s Science and Technology Policy Institute Hwang Seogwon said the digital IDs could be used in finance, healthcare, taxes, and transportation, while the director-general of Korea’s Digital Government Bureau Suh Bo Ram said the technology could help businesses that haven’t yet transitioned fully online.[s].
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This is something we've had some past discussions on and it seems the governing bodies of the world are beginning to see for themselves that blockchain adds a totally new and sophisticated layer of security to the growing economy of the world.
The reality is, there have been lots of activities centered on blockchain in South Korea.
In September we saw the move made by Korea Internet & Security Agency - KISA to integrate with the emerging technology via blockchain-powered employee ID system through a smartphone app.
This integration is meant to enable the employees a much more flexible usage of their work environments with an ID and security system outsourced to the blockchain database.
In other South Korean updates, about one million Citizens of South Korea now have blockchain-based driver's licenses, this is reported to be about 3% of the population.
Although that may seem like a relatively small figure, with the report on the government integrating with blockchain, it's a no-brainer that more of the population will be using blockchain in a year or two.
Notwithstanding the centralized nature of these integrations, it is generally a vote for the relevance of the growing technology and will serve as a catalyst for grand-size exposure. This means that users will be exposed to cryptocurrencies, decentralized networks, and the ways and functions of all digital assets.
We may actually begin to see a flood of developers with all this exposure stemming from companies adopting and creating partnerships to build.
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