RIDDLE&CODE Secure Elements: auditable blockchain-grade security that is easy to implement
Just a quick note to let you know how proud we are to release our latest product to the open community that helped us get going.
Even before our blockchain start-up was officially created, back in 2012, we were able to hit the ground running and design and build our Secure Element (SE) component thanks to the hugely dynamic open-source community. With any technology that brings privacy, mainly where financial transactions are concerned, vendors can feel tremendous pressure at some point, to include backdoors for government agencies. Embracing an open-source model where anyone can review RIDDLE&CODE’s stacks is the best way to deal with this threat and provide true privacy as well as security. It also offers the most future-proof solution.
The extensive design work I did with the team in our labs ensure our SE approach is future-proof. We also derived specifications from the requirements of many real-world blockchain projects. For example, the blockchain-based Electric car charging station solution we’re working on with partners including Wien Energie, Bosch or Deutsche Telekom kept us focused on pragmatic connectivity and software integration issues that need solving today.
I am excited and proud that we can now bring something significant back to the community with this first release of the RIDDLE&CODE secure elements community kit. To seed the market, we are giving out 100 SEs during the ongoing launch campaign, with access to our open-sourced libraries. The software stack that accompanies this initial release already has support for Raspberry PI, Arduino and STM32.
We designed the Secure Element product as a critical building block for our upcoming hardware wallet product that targets the custodian model. It provides two of the most basic features of any security system in the crypto space:
· Crypto acceleration with dedicated hardware for faster calculations incorporating Elliptic Curve Cryptography. This enables the device’s primary raison d’etre which is to create a unique key pair.
· Secure and persistent key-storage is the second important functionality of RIDDLE&CODE’s Secure Element: the private key never leaves the device.
A Secure Element is a crucial part needed for many blockchain projects. With this approach, developers of IoT solutions in the field can prevent sensitive sensor data from being compromised. By offering this back to the community, we hope many projects can safely and more easily connect all kinds of sensors to most blockchains, even the tangle!
I will be posting more here as soon as I have some time out of the lab :). But don’t hesitate to get in touch with the team via the RIDDL&CODE website and to ask for one of our free SE2.0 to test in your project here.