For the United States and China, they created a system for managing the Internet of things on the blockchain
Posted On March 23, 2021
Blockchain & Internet of Things
The WISeKey company said that the development will be available very soon. Its feature will be the formation of a comfortable, safe connections between the US and China. Businesses across the ocean will be able to seamlessly share their information. The work will be based on blockchain.
For interaction, the parties will be issued special digital certificates that will be installed on computers. The network connection will be available exclusively through certified devices. The created communication channels allow you to remove the risks of hacking, theft and falsification of data, creating a safe working environment.
The team has been working for several years. Back in 2016, WISeKey was able to enlist the support of such giants as SAP, MasterCard, Microsoft and CenturyLink..
Carlos Moreira, CEO of the company, notes: «Cyberattacks are becoming more powerful and unpredictable. Their danger entails the loss of billions of dollars from both the government and ordinary citizens.». In his opinion, the IoT sphere needs effective solutions that can secure users, which is what the specialists of this company are doing today..
Meanwhile, the Chinese side decided to allocate $ 470 million for the development of big data.