Xage reveals new IoT blockchain security innovations – Ledger Insights
California-based Xage Security announced yesterday that it has developed two innovations which improve security and scalability on its blockchain platform. The firm, focused on industrial Internet of Things (IoT) applications, revealed a ‘supermajority’ consensus protocol for cross-business use and a hierarchical tree to support blockchain synchronization.
Xage uses blockchain in its Fabric security product, allowing for efficient detection of cyberattacks such as compromised passwords or policies. The technology enables tamper-proofing in that details stored separately across a decentralized network are checked against one another regularly. If something looks amiss, it’s easily found.