The strong cryptography provided by HSMs will become crucial to blockchain-based fintechs as they generate, store and protect the private and public keys that form the ‘root of trust’ in blockchains.
Fintechs, more than ever before, are turning to blockchain technology as a means to offer a complete, unchangeable, and hopefully unalterable, record of every transaction through cryptocurrencies. With hardware security modules (HSMs), companies handling sensitive financial data can be assured that their information is secured safely.
You can read more about HSMs in blockchain here.
