Energy Web’s blockchain serves as the foundation for a reliable eSIM-based certified authentication framework for smart grids and other IoT activities. The solution makes use of eSIM with OPEN IoT SAFE technologies to serve as a cryptocurrency wallet that is linked to Energy Web’s open-source blockchain.
The project was led by IoT platform provider KORE, with assistance from connection provider Kigen and Energy Web. KORE’s OmniSIM system, a unified eSIM that allows worldwide multi-network connections, is used in conjunction with Kigen’s OPEN IoT SAFE SIM-based network security.
Energy Web created a prototype software creation kit as part of the programming process. KORE, on the other hand, has long advocated for security by designing and securing IoT systems from scratch.
Romil Bahl, CEO of KORE, stated that his company is more than delighted to be able to provide any assistance to this innovative project that prioritizes IoT security while not shifting the whole burden of security downstream.
The willingness to provide trusted information to third-party IoT vendors via eSIM, which incorporates device-level security and can verify data for a user’s cloud storage service, is regarded as a significant step forward in generating end-to-end confidentiality within the IoT ecosystem, as every handset is a probable point of vulnerability.
According to a release, this partnership between KORE, Kigen, and Energy Web makes it possible for one of the world’s largest platforms to verify that IoT data is accepted and secure.
According to Vincent Korstanje, CEO of Kigen, secure storing of credentials such as gadget IDs is an essential factor in order to provide connected services.
The company is thrilled that this agreement has provided them with an opportunity to do so by combining KORE’s expertise in eSIM connection with Energy Web’s decentralized technology to help the global transition to a zero-carbon economy.