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Accenture to secure businesses with blockchain modules

Friday 10 February 2017 10:47 CET | News

Accenture has developed and launched hardware to help secure blockchains for businesses.

The consulting company rolled out a system that integrates the distributed ledger tech with hardware security modules (HSMs), or processors that corporate IT teams use to keep data safe. The appliances handle digital key management, a fundamental aspect of cybersecurity that controls who has access to what information on a network.

Banks and other organizations interested in blockchain tech have thrown their weight behind the idea of maintaining a closed, contained network. HSMs offer a way to store credentials in a tamper-resistant device that is generally isolated from the rest of a network. They allow companies to maintain control over their systems.

Despite the fact that the software is currently patent-pending, Accenture has designed a library of code to connect implementations of the “Fabric” blockchain maintained by the Hyperledger project, a unit within the Linux Foundation, with HSMs from security company Thales e-Security, according to Fortune. The company has plans to extend the compatibility to other blockchains and HSM types in time to come.


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Keywords: blockchain, distributed ledger, Accenture, business, security
Categories: DeFi & Crypto & Web3
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Countries: World
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DeFi & Crypto & Web3






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