SEAGATE AND IBM WORK TOGETHER TO HELP REDUCE GLOBAL HARD DRIVE COUNTERFEITING WITH BLOCKCHAIN TECHNOLOGY - GADGETS AND INNOVATIONS

Breaking

Updates On Latest Technology Innovation In Every Walk Of Life Apps Accessories Appliances Gadgets and More

Ad

Post Top Ad

Responsive Ads Here

Post Top Ad

Responsive Ads Here

Monday, November 12, 2018

SEAGATE AND IBM WORK TOGETHER TO HELP REDUCE GLOBAL HARD DRIVE COUNTERFEITING WITH BLOCKCHAIN TECHNOLOGY


Project combines IBM Blockchain Platform, Seagate’s advanced “electronic fingerprinting” and product tracking to help prove provenance over hard drive life cycle

Seagate Technology plc (NASDAQ: STX), a world leader in data storage solutions, and IBM (NYSE: IBM) today announced they are working together to reduce product counterfeiting using blockchain and security technologies. The project, which is designed to help manufacturers, integrators, and business partners fight counterfeit hard drives, uses the IBM Blockchain Platform to authenticate the provenance of disk drive products, bringing a new level of multi-layered security protection to the data management industry.

According to the International Anti-Counterfeiting Coalition, global trade in counterfeit and pirated electronic products has reached more than $1.7 trillion in value. To verify product authenticity, Seagate will update the IBM Blockchain Platform on the IBM Cloud with product authentication data based on the Seagate Secure™ Electronic ID (eID) at the point of manufacture. Each unique identifier (serving as an electronic fingerprint) can be used to verify the identity of a hard drive at any time during its product life cycle. Seagate’s Certified Erase employs cryptographic erasure technology to produce a digital certificate of data purge, which is electronically signed by the device under the Seagate Secure public key infrastructure (PKI) and stored on the blockchain for compliance management with emerging global data privacy laws.

Building upon IBM’s blockchain expertise and powered by the Linux Foundation’s Hyperledger Fabric distributed ledger framework, the IBM Blockchain Platform is designed to allow network participants to append and view blockchain data based on their level of permissioning. Throughout a product’s life, technology vendors, service providers, and end users will be able to confirm the product’s provenance on the blockchain, which provides an immutable record of events. This can help reduce data loss, fraudulent products and warranty costs, while improving product assurance for customers during deployment.

The eID and Certified Erase capabilities are built on the Seagate Secure technology, which can enable higher levels of trust of product provenance and proof of data erasure. Customers can benefit from knowing that a drive is a genuine Seagate product and that any data on it can be securely erased which can assist customers with their efforts to adhere to international compliance standards.

As project development continues in this combined effort to fight global product counterfeiting, Seagate and IBM are anticipating that they will expand the business network to include participation from supply chain partners.


CUPERTINO, CA and ARMONK, NY – November 12, 2018



Post Top Ad

Responsive Ads Here