Domestic company, Bizblocks announced that it has made an agreement to provide KASI with the smart security solution combining blockchain and Kaiser Wallet (card type).
Bizblocks, the professional security system company, is getting attention through developing unique hardware base security system with blockchain technology. Currently it has going-on businesses such as hardware wallet development, information security business, blockchain technology based complex P2P platform service business and digital government establishment business simultaneously. Especially, it is specialized as the security company looking forward the faith, the transparency and the fairness through accomplishing the security system based on Hyper Aiserchain which deals with from the security devices for the company and institute up to the government security network.
Korea Astronomy & Space Science Institute is founded as a government institute performing the research and development for the Astronomy & Space Science comprehensively and extending the outcome in order to achieve the progress in national scope. It is carrying out the research and business for the Astronomy and Space Science, the operation and appliance development of large observation facility and space environment surveillance technology development.
According to Bizblocks, it is said that the contract with KASI is one of strategies that prevent the internal information leakage from both the company and the governmental institute. Data security and internal leakage issues have been old worries of the company and government According to the survey taken by Industry Confidential Protection Center in National Intelligence Service(NIS) during 2010~2014, the internal leakage from the former and current employees gets to reach 79.9%.
The smart security solution Bizblocks provides KASI with combines the blockchain by KASI and Kaiser Wallet (card type). It enhanced profoundly the login security by utilizing irreversible data verification feature of blockchain onto only Bizblocks’ hardware security technology. It records and stores the login information of all the users on ‘Aiserchain’ and subsequently not only enables to make confirmation transparently and but also makes it impossible to forge, counterfeit or delete on its own. In addition, it increases the convenience by easing the authentication procedure to make login possible through easy tagging if you install exclusive App. on smartphone or PC.
Particularly, Bizblocks intensified the security through the physical computing device, BSM(Back-hardware Security Module) which protects, manages the digital keys and provides the encryption process for the much more powerful authentication. BSM is a form of combining the hybrid blockchain which is combination of private blockchain and public blockchain and hardware key storage system for the enterprise. It keeps the core keys inside BSM device and carries out the computing process itself. Usually it is blocked from the network but if in need, it can be connected with the computer or network server directly. It comes to shut off the access of the attacker on the core key fundamentally, because it delivers or receives the data in encrypted. It is said that BSM is same as the theme of smart security solution provided by Korea Astronomy and Space Science Institute.
In-Young Jung, CEO of Bizblocks commented “This contract shows main agencies like the government needs much more strengthened blockchain based security technology” saying “I am expecting that the security might be used in many areas, as the high security level of smart security solution provided by Korea Astronomy & Space Science Institute shall be proved.
Meanwhile, Bizblocks is about to launch officially ‘Kaiser DEX’, ‘Kaiser PayBanC’ starting from ‘Kaiser Wallet’, its own hardware wallet(Cold Wallet) which supports Bitcoin, Ethereum and etc, by launching its own blockchain