The security solution combines FATH’s IoT hardware with peaq’s blockchain based access control software.
peaq’s blockchain software is a permission and access control system that leverages blockchain for cybersecurity and optimise access management processes.
FATH Mechatronics provided the TANlock - an IoT security device for high-security physical access points that is compatible with PalmVein Scanners, Fingerprint Scanners, RFID cards, Pin Codes and Mobile Apps.
Commenting on the solution, Dr. Frank Schütz, CEO of FATH Mechatronics said, “With the flexible interfaces of the TANlock it could be shown how fast and agile the company peaq can connect software with highest security requirements.”
Access actions on the blockchain
peaq access control is also used to create new access authorisations and store access rights.
The result is a fully-GDPR compliant solution that enables all server racks and users to be managed from one place with multi-factor authentication permanently recorded on the blockchain according to the company.
“This solution is a great example of novel, powerful technologies hitting the adoption curve and creating real business value,” said Toan Nguyen Director of Global Data Centres, Business Development & Cloud Platform at NTT.
“The combination of FATH Mechatronics’ IoT security hardware and peaq’s blockchain technology software is taking data centre security to new heights. We look forward to exploring next steps to continuously provide the highest security standards to our clients.”
The company mentioned that interested companies can run the solution at NTT’s Ltd.’s Technology Experience Lab in Frankfurt.
“Our access control solution demonstrates the great potential of Distributed Ledger Technology for the IoT sector,” said Pavel Formenko, CTO of peaq.
“Our technology allows customers to adapt the solution to their specific needs and preferences, while the DLT architecture is perfectly suited to the huge amount of data being created by the increasing number of IoT devices.”