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Cryptocurrency hardware wallet manufacturing company, Ledger, has announced an official partnership with international tech giant Intel based in California. Basically, this means the data will be stored within the enclave as opposed to applications, aiming to stop a many of the software attacks common to the space. Following the launch of a line of hardware wallets based on our operating system integrated into a secure chip, working with a leading player like Intel is a unique opportunity to keep providing our growing client base with innovative solutions for cryptocurrency and blockchain applications Based on the announcement, Intel-based computer users will be asked if they wish to download the Intel enclave software.
The Intel SGX extension is already pre-built into Intel processors in order to maximize code security and lessen the risk of counterparties. Intel also revealed the solution is also being deployed by the cryptocurrency wallet providers Myetherwallet, and Electrum.
Ledger believes working with Intel is the next step for its goals for expansion, as the firm has also just partnered with well-known security firm Gemalto. If you feel my posts are undervalued or you want to donate to tip me - I would appreciate it very much. That is awesome news mr Barry! And of course followed you and commented! I love my ledger but I don't understand this news, or what this SGX enclave is or does.
It says all transactions will pass through it What if somebody decides to shut down this SGX enclave for some users for whatever reason? The Paris, France based wallet startup Ledger continues expanding its company goals. According to Ledger, they intend to build a new factory in China with the newly acquired funds. Source Thanks for reading, have a nice day. If you liked this blog post - please Resteem it and share good content with others!
I am dealing with some changes, and will have limited time online and will be happy if I get a few blog posts up a week. Authors get paid when people like you upvote their post.
Trending Trending Votes Age Reputation. Like my Ledger Nano so much and do believe in that team! Damn, shit's getting real with cryptos and blockchain. Where do you think steemit will stand? I cannot speak for the Steemit Inc team. It is really a good new that Big companies start to realize the magnitud of the cryptoworld.
What is in it for me, to have my transactions go through Intel's SGX enclave?