TCS will Integrate Intel SGX technology to enhance privacy and security of blockchain-based ecosystems.
Tata Consultancy Services (TCS) is partnering with Intel to integrate Intel Software Guard Extensions (Intel SGX) technology with the Quartz Blockchain solution, to further enhance the privacy and security of blockchain based ecosystems implemented using Quartz.
Privacy and security have been two of the biggest concerns for organizations looking to migrate some of their business functions to blockchain. By integrating Intel® SGX technology, Quartz solutions now offer customers the ability to isolate sensitive business code, data and transactions requiring confidentiality within an “enclave” in an encrypted form, thereby protecting these from being accessed by unauthorized users.
Anand Pashupathy, GM, Security Solutions Engineering Division, Software and Services Group, Intel, said: “Intel processor technologies like Intel® SGX provide unique capabilities that can help improve the privacy, security, scalability and trust of blockchain networks. Tata Consultancy Services and their Quartz key management flow process utilize Intel® SGX to help corporations protect their assets and data when deploying blockchain solutions.”
R. Vivekanand, VP and co-head, Financial Solutions, TCS, said: “Central to TCS’ Business 4.0 framework is the use of technology to leverage ecosystems and to harness abundance. Quartz blockchain is a key enabler for this strategy. Even a single security incident can cause loss of trust and deter the adoption of blockchain. The integration of TCS Quartz with Intel® SGX strengthens security and helps in mitigating these concerns, so that customers can fully realize the potential offered by our blockchain solutions.” – Business World