Proving the Business Case for the Internet of Things

Oaken and Zymbit use blockchain to secure IoT devices

Steve Rogerson
May 31, 2018

Zymbit and Oaken Innovations are working together to produce trusted and secure services for IoT devices using blockchain software compatible with all blockchains that use the EVM Ethereum virtual machine.
Zymbit, a California-based developer of hardware security modules for IoT devices, and Oaken, a secure blockchain and IoT company based in Texas, will work together to enhance Zymbit's field-proven cyber-physical security modules to be compatible with EVM blockchains.
Zymbit's six security modules will provide a secure enclave for Ethereum wallets enabling blockchain developers, such as Oaken, to produce secure blockchain software for IoT devices that live in the wild, beyond the security of the firewall. Zymbit's existing security API will be extended to allow blockchain software developers to generate wallets, store private keys and sign transactions, all without exposing private key materials or credentials to the application software.
"We're excited to partner with Zymbit to develop an Ethereum-ready security module that will enhance our offerings in the automotive and consumer IoT space,” said John Gerryts, CEO of Oaken Innovations.
Oaken will support development of the Zymbit Security Module Six to ensure broad compatibility with the EVM and to demonstrate specific applications in the connected automotive and consumer IoT spaces.
“With Zymbit's gen six cyber-physical security module, we and other developers will be able to secure blockchain wallet keys and signed transactions on edge devices, like automobiles, delivering best in class security for our blockchain software products,” said Gerryts. “We've been big fans of Zymbit's products for a while and love working with their team.”
The SM6 security modules will work with Raspberry Pi, BeagleBone, Odroid and iMX6 platforms to provide developers of EVM blockchain IoT applications with a plug-in secure enclave to protect IP and other digital assets. This modular approach to security frees developers to concentrate on delivering high-value applications and leaves the details of device security to the embedded security professionals.
"Ethereum is the clear leader in blockchain technology and Oaken is one of the most innovative companies at the intersection of Ethereum and IoT, with several awards and partnerships to their credit,” said Phil Strong, CEO of Zymbit. “We are delighted to be working closely with the Oaken team to bring to market a much needed hardware security module that delivers cyber-physical security to EVM blockchain enabled IoT devices."
Oaken is a blockchain technology company focused on secure IoT applications in the consumer IoT and transportation markets. Its clients include Toyota and other major automobile OEMs, civic transportation entities and toll road companies. The company is based in Dallas.
Zymbit develops embedded hardware security products that help IoT developers protect their IP, data and credentials from cyber-physical threats. It sells security modules to integrators and OEMs who deploy a wide range of equipment beyond the security of the firewall. The company is based in Santa Barbara.
The SM6 hardware security module will be Ethereum compatible and attach to computers such as the Raspberry Pi to produce a secure enclave for private keys. It will include an SECP256K1 encryption engine for signing and key generation multi-factor device identity, and multiple sensors for physical tamper detection, all in a low-power package.