IBM Breakthrough: Advancing Crypto Security with Innovative Cold Storage Tech

IBM Fortifies Crypto Security with Hyper Protect Offline Signing Orchestrator (OSO)

In a strategic move, IBM has unveiled the Hyper Protect Offline Signing Orchestrator (OSO), a cutting-edge cryptographic signing technology designed to enhance the security of digital assets in cold storage. Teaming up with Metaco, a custody firm owned by Ripple, IBM's OSO introduces an extra layer of security to high-value transactions by incorporating features such as disconnected network operations, time-based security, and multi-stakeholder electronic transaction approval. This innovation addresses concerns related to manual procedures and aims to safeguard crypto assets by minimizing the risks associated with human interactions and potential threats.

IBM's foray into cryptographic key management, leveraging its confidential computing suite, signifies a concerted effort to bolster security measures within the digital asset and cryptocurrency space. As the industry grapples with the limitations of cold storage, including the vulnerabilities stemming from inside jobs or forced attacks, IBM's OSO technology aims to counteract these challenges. By providing a secure and technologically advanced solution, IBM demonstrates its commitment to fortifying the resilience of crypto storage against a spectrum of potential threats.

The practical implementation of the OSO technology by Metaco, a long-standing partner of IBM in the crypto sector, highlights the real-world application of this innovation. This collaboration not only showcases the effectiveness of OSO in custody scenarios but also underlines the importance of industry partnerships in advancing the security and integrity of cryptocurrency storage solutions.
#IBM #CryptoisBetter #cryptocurreny #BinanceTournament #BTC $BTC $ETH $BNB

#Huawei introduced its latest artificial intelligence ( #AI ) storage model, the OceanStor A310, at GITEX GLOBAL 2023 to address challenges related to large AI model applications. The OceanStor A310 is designed to support basic and industry model training, as well as inference in segmented scenario models, enhancing data processing speed for AI applications. Compared to #IBM 's ESS 3500, it feeds Nvidia GPUs nearly four times faster per rack unit using Nvidia's Magnum GPU Direct method. The #OceanStor A310 boasts impressive performance with up to 400GBps sequential read bandwidth and 208GBps write bandwidth. Each OceanStor can accommodate up to 96 NVMe SSDs, processors, and a memory cache, making it highly scalable and suitable for mixed workloads. Despite the potential for innovation, Huawei's entry into the AI storage market is complicated by U.S. sanctions on the company due to national security concerns. Nevertheless, the OceanStor A310 offers a promising solution to current data storage and processing inefficiencies in the AI industry, potentially driving innovation and efficiency.

Meanwhile mark capitalised on a stolen idea, and Bill's parents were at high positions and connected to IBM.

#IBM #Microsoft #Facebook #BillGates #MarkZuckerberg

$XRP is teaming up with Garanti BBVA and #IBM to make their crypto platform even better! 🎮🤝

What's the big deal? 🤷👉 Well, this partnership will help Garanti BBVA provide a more secure and reliable platform for its customers.

So, what can you expect? Improved performance, better security, and more digital assets to trade. 🤖💪👀

This is great news for crypto users in Turkey! 🇹🇷🦃 It shows that traditional financial institutions are starting to embrace digital assets.

Let's see what Garanti BBVA has in store next! 🚀 #Altcoins #Ripple