Blockchain
Applications

Blockchain

Improving blockchain security with HSMs

Decentralization, immutability, security, and transparency are the primary advantages of blockchain. Blockchain technology enables verification without the requirement for dependency on third-parties. A blockchains data structure is append-only meaning that data can only be added to the blockchain in a time-ordered sequential order and, as a result, the data cannot be modified or erased.

These combined advantages turn blockchains into a valuable asset to protect stored data from alienation or falsification.

Protecting keys is paramount to ensuring the robustness of a blockchain system. A successful blockchain system requires highly reliable methods of interfacing with strong key protection controls that can be achieved by use of HSMs to deliver the necessary scaling and agility a decentralized blockchain model requires. Some of the use cases are;

  • Cryptocurrency & Wallets-storage and access of private keys used in crypto currency and blockchain systems. Track transaction signing, preventing a hacker from replacing or making new transactions.
  • Smart Contracts- self-executing the terms of the contract through using strong authentication and storage of encryption keys ensures that parties are identified and data remains secure
  • Smart IoT- enables cryptographic encryption for authentication and validation of data

Utimaco HSMs provide solutions that enable organizations to implement secure and resilient blockchain applications.

Business value

Business value

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Protection of cryptographic material for the blockchain

  • For the generation of private and public key pairs: Utimaco HSMs support the required blockchains-specific elliptic curves
  • Provides strong identities and authentication, enabling access to the blockchain
  • Provides the ability to digitally sign, verify and approve blockchain transactions, including smart contracts
  • Provides secure storage for private keys
  • Provides hierarchical deterministic wallet support assuring the ability to derive key pairs in a secure environment from a single key master
  • Enables encryption and decryption
  • Provides the ability to audit and monitor- tracking usage of keys offers an additional layer of security
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Compliance for many industries

  • The FIPS 140-2 L3 compliant Utimaco Block-safe HSM provides unrivaled key generation and protection for Blockchain specific elliptic curves.
  • Protects and manages encryption keys needed for key derivation.
  • Includes hash-based deterministic random number generator (DRG.4 acc. AIS 31), a true random number generator (PTG.2 acc. AIS 31)
  • And a consensus model requiring M keys for digital signature before addition on the ledger
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High Performance & Crypto Agile

  • Built-in Post-Quantum safe Dual TRNG + PRNG entropy source, and NIST SP800-90 compliant RNG
  • Asymmetric Key derivations including BIP-32, NIST SP800-108, ECDSA (NIST SP800-56A), DSA (ANSI X9.42)
  • Fingerprint for public key address generation
  • Consensus signing and verification using MultiSign
  • SDK for customization by own developers involving sensitive code and IP
  • Built-in support for several models for HA redundancy and performance scalability
  • Role based access control (RBAC) with multi factor authentication for segregation of duties
  • Up to 10,000 RSA or 6,000 ECDSA signing operations in bulk processing mode
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Remote Access

Remote Key Delivery- Supporting the remote distribution of keys to deployed (POI) terminals

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Software Simulator included

Included simulator allowing for evaluation and integration testing to benchmark the best possible solution for each specific case

Deployment options

Deployment options

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On Premise

  • Useful for centralized use cases without a requirement of scalability or remote accessibility and existing legacy infrastructure
  • Defined total cost of ownership
  • Complete control on hardware and software, including configuration and upgrades
  • Secured uptime in areas with insatiable internet connectivity
  • Preferred choice in industry-segments where regulation imposes restrictions
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In the Cloud

  • Strategic architectural fit & risk management for your high value assets
  • Provides flexibility, scalability and availability of HSM-as-a-service
  • Ideal for a multi-cloud strategy, supporting multi-cloud deployments & allows for migration flexibility
  • Allows you to seamlessly work with any Cloud Service Provider
  • Easy-to-use remote management and on-site key ceremony service option
  • Full control over data through  encryption key life-cycle and key administration
  • Secured data privacy through Bring-Your-Own-Key procedures

Contact us

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