Symbiont and Gemalto cooperation for the block chain to mention ...

The digital security giant Gemalto and the Intelligent Securities Platform Development Company, Symbiont, jointly announced that they are partnering to develop technology to ensure that financial services organizations can safely run smart contracts and other block-chain based transactions. Through their cooperation, Symbiont will use the Gemalto hardware Safety module safety net (HSMs) to protect the identity information and transactions on the block chain in order to prevent theft, forgery and other violations.
The Symbiont platform uses block chain technology, and many institutions and investors can distribute, manage and trade various financial instruments on this platform. Compared with traditional methods, these "smart securities" are self-reinforcing, self enforcing contracts that greatly reduce costs and improve efficiency. As Symbiont integrates the Hardware Safety module safety net (HSMs), the supervisory authorities have more confidence in cryptographic trading institutions and allow them to operate transactions.

Mark Yakabuski, vice president of Business development strategy at Gemalto, said: "It is not just an exciting proposition to apply the Gemalto hardware Security Module (HSM) technology to the symbiont block chain intelligence contract, It is also a step towards a secure transaction based on the block chain. We are looking forward to helping customers increase their trust in the rising intelligence contract. Symboint's managing director, Louis Stone, said: Once you start issuing securities based on the Symbiont Smart Securities platform, the ledger will automatically work and no longer need to manually enter. The Gemalto HSM Safety Net will be responsible for the security of these transactions and identities, including key protection for intelligent contract transactions, providing encryption, decryption, authentication and digital signature services. Gemalto's HSMs safety net focuses on cryptographic processors, especially designed to protect the life cycle of keys, which are tools used to secure transactions, identities, and applications. The HSMs safety net is a trusted anchor that can securely manage, process, and store keys. These operations are in a hard, tamper-resistant device, so hsms can provide a broader ecosystem for the entire technology partner.
Symbiont was founded in early 2015, and the founder of Counterparty,robbie Dermody (president) based on the Bitcoin protocol, Evan Wagner and Adam Krellenstein (CTO Chief Technical Officer), And Mark Smith, founder of Mathmoney (FX). In August 2015, Symbiont became the first company to issue securities on the Bitcoin, Bitcoin block chain.