Protected security platforms running on the blockchain (Xage Security)

In the previous installment, I argued some of the reasons why the future of the Internet of Things depends on the Blockchain, by projecting in detail the integration potential that can be generated between the Internet of Things (IoT) and Blockchain technology, and the multiple benefits that will be achieved with the use of Blockchain technology within the IoT, as this would ensure a decentralised security model, a fact that certainly imprints a vision of cooperation to link the two technologies.

A technology ecosystem that on a global scale can operate under an IoT and Blockchain integration scheme will positively influence the speed and direction of technological change currently demanded by businesses and state institutions, as well as evolve the feedback between different developers, then I will share with you all a successful case of IoT Blockchain.

The example corresponds to the field of security, given that security is a crucial element in the development of any type of technology, and for the Internet of Things security is a problem yet to be solved. In this sense, initiatives such as that of the company Xage Security, which operates under the IoT Blockchain concept, is a good example of how the future Internet of Things depends on the Blockchain.

The blockchain company Xage Security, which is headquartered in the United States, specifically in California, and according to information provided in multiple conferences by Duncan Greatwood, CEO, this successful company is the first protected security platform that runs on the blockchain for the Internet of Things (IoT).

The element that has made Xage Security most popular is that this blockchain company provides data security systems to sectors such as industrial, agricultural, energy, transportation, and utilities, through unified platforms with IoT devices, which have the particularity of ensuring the correct functionality of the systems, and at the same time eliminating single entry points to prevent fraudulent theft.

It should be noted that Xage Security has a set of IoT applications that respond to decentralised schemes, which indicates that this IoT Blockchain service model has the potential to provide a higher level of corporate and institutional security by instantly locating suspicious activity, these variables have allowed Xage Security to gain the trust of the United States Space Force, who last year decided to hire the services of Xage Security for the protection of their data.

The most notable technical aspect of the blockchain company Xage Security, is that to date it has not presented serious scalability problems, this advantage has allowed it to partner with the Smart Electric Power Alliance (SEPA) in order to establish security and access control to network assets, with the certain idea of avoiding potential cyber-attacks.

➊ Xage Security Identity and access managemen. Link

➋ David E US Space Force hires Xage Security for data protection. Link

The cover image was designed by the author: @lupafilotaxia, incorporating image background: Source / Author: Edgerinsights, 2019