Tencent, Intel team up on blockchain for IoT
Announced at the 2017 World Internet of Things (IoT) Exposition in Wuxi, China, the partnership will focus on developing applications for the Tencent User Security Infrastructure (TUSI) IoT laboratory and promote the establishment of security capabilities in IoT applications. According to reports, the project will help provide security monitoring and product safety assessment, among other services, to enterprise customers.
The recently established TUSI IoT research and development facility is focused on key industrial technology, testing and certification, technology transfer, joint development, and other technical services. One of its stated goals is to build a trusted smart city without the need for passwords. As part of this plan, Tencent plans to add more Internet in Wuxi, along with resources related to healthcare, transportation, police, and education.
As part of its agreement with Intel, Tencent will use cloud-based blockchain technology via Intel, combining Intel Core technology with TUSI to develop a secure blockchain system for the IoT. According to reports, the goal will be to develop accounts secured by “hardware keys and blockchain,” so that IoT devices can “enjoy unified security capabilities.”
Earlier this year, Tencent released a white paper describing a blockchain platform – called TrustSQL – that it currently had in development. The company is also reportedly working with the Bank of China on a blockchain research effort.
Meanwhile, Intel is also pursuing blockchain technology. Its Software Guard Extensions (SGX) technology – which helps ensure security by executing sensitive operations in a protected space – is incorporated in its seventh-generation Core processors. Earlier this year the company announced that its SGX technology was now available for data center use, including for blockchain applications.
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