With the increased popularity of cryptocurrency and blockchain, security has become an important factor for developers across all regions. In a bid to offer a solution, Zymbit and Oaken have announced a partnership to develop Security Module 6, which is designed to offer security enclave for all Ethereum users.
Zymbit has been developing hardware security modules specifically for IoT devices, with its 6th generation security device designed to provide maximum security for Ethereum wallets. On the other hand, Oaken Innovations builds blockchain software to be used on all IoT devices that use the EVM (Ethereum Virtual Machine).
The CEO of Zymbit Inc., Phil Strong, expressed his excitement about the partnership, saying that the company welcomed the move to collaborate with Oaken in order to offer the much-needed cyber security to Ethereum Virtual Machine enabled IoT devices. He also didn’t hesitate to note that Oaken has an impressive track record including working with big clients such as Toyota and having many awards to its name.
Oaken Innovation’s CEO, John Gerryts, was also quick to express his happiness about the partnership, saying that the move will enable developers secure blockchain wallet keys.
“We’re excited to partner with Zymbit to develop an Ethereum ready security module that will enhance our offerings in the automotive and consumer IoT space. With Zymbit’s gen six cyber physical security module, we and other developers will be able to secure blockchain wallet keys and signed transactions on edge devices, like automobiles, delivering best in class security for our blockchain software products,” said Gerryts.
What Will The Zymbit’s Security Module 6 Do?
With support from Oaken, the Zymbit’s Security Module 6 will come with an improved crypto engine. It includes an sec256K1 encryption engine designed for key generation and signing in, several sensors to help detect damage to the device, and a multi-factor device identity.
Each Zymbit security module usually comes with a hardware-rooted key store that utilizes a microchip in order to offer protection to the host computer. It also features an RF cage, module and an edge connector, all meant to improve physical security.
The software will also be compatible with Ethereum Virtual Machine (EMV), allowing Oaken as well as other developers produce secure blockchain system for IoT devices. It’s easy to develop as it has a single connector working for all signals.
The SM6 Security modules is made to work with a number of single-board PCs, including iMX6, Odroid, BeagleBone, and Raspberry Pi platforms. It simply attaches itself to the host computer, securing the private keys of the associated cryptocurrency wallet.