Intel, a major partner of the virtual money maker Ledger, at the end of October 2017, with the aim of Introduce new cryptocurrency storage solutions. As part of this collaboration, Ledger's Open Ledger Blockchain operating system will be integrated with Intel's Software Guard Extension (SGX) secure storage product line.
According to Eric Larchevêque, CEO of Ledger enables them to provide innovative solutions for digital currency applications and Blockchain to their growing customer base.
"Following the launch of a range of hardware portfolios based on our embedded operating system in a secure chip, a major player like Intel is a unique opportunity to continue providing to our growing clientele of innovative solutions for cryptocurrency and blockchain applications. "
Brief description of the partnership project
Intel and Ledger will focus on the development of 39, an "enclave" in which private keys are stored and transactions are generated and signed. This project is similar to the agreement on secure storage that was signed by Ledger and Gemalto in early October 2017. The Ledger / Gemalto collaboration included Ledger's BOLOS and the HSM cryptographic key storage system ( Hardware Security Module) from Gemalto
Collaboration is also part of Intel's focus on hardware as part of its DLT (Distributed Ledger Technology) strategy. An example of this strategy is the collaboration of the technology giant with the start-up 21 Inc. on the distribution of Bitcoin mining chips in consumer electronics.
The plan is to integrate mining chips into Intel products like personal computers (
According to the press release issued by the partners, there are already several crypto portfolios which are intended to use their proposed virtual money storage system.These include the services of MyEtherWallet and Electrum suppliers.
Intel also entered into alliances with Tencent earlier this year and 39; other Blockchain companies to become one of the leading suppliers of commercial applications Blockchain.