Loading cryptocurrency prices...

Dell EMC Collaborates With SAP And Camelot ITLab To Offer Solutions For Data Security

- Advertisement -

Dell EMC, SAP, and Camelot ITLab are combining their powers to increase the security of data stored on a blockchain.

On Wednesday, Dell EMC (the information technologies branch of the computer company) announced a new partnership with software company SAP Solutions and Camelot Innovation Technologies (Camelot ITLab) in a bid to increase the security of private data storage on a blockchain. Camelot ITLab is the “leading SAP consultancy for digital value chain management.”

The three companies will attempt to change the way private data is stored on a blockchain through what Dell’s white paper calls “trusted computing.” According to Dell, “This approach keeps private data completely off-chain while registering the private data on-chain by storing a hash of it for later verification of its integrity.”

The approach allows involved parties to choose an algorithm via on-chain voting, which is then “distributed to all parties as an executable program.” The danger in this system, as Dell points out, is that once off-chain, a malicious actor could change the algorithm. As a countermeasure, the “trusted computing” system’s hardware prevents “unauthorized modification” and stops parties from interfering with the algorithms’ execution at runtime, purportedly solving the “never trust the client” problem.

- Advertisement -

While the trio is hoping to make improvements to the healthcare and oil industries, it is still unclear if and where the blockchain platform will have a significant impact.

Steffen Joswig, managing partner of Camelot ITLab, praised the collaboration:

“Camelot and Dell EMC have been working together to enable organizations to capitalize on the unique capabilities of blockchains in a manner that protects the privacy of sensitive data.”

Other companies have been working on blockchain solutions for storing sensitive data. In August 2017, Vault One announced an Ethereum-based solution to allow small businesses to secure sensitive data. In April of this year, five healthcare firms, including Humana, joined forces to create a blockchain platform designed to improve the accuracy of data for providers and reduce costs related to data storage and analysis. 

Nathan Graham is a full-time staff writer for ETHNews. He lives in Sparks, Nevada, with his wife, Beth, and dog, Kyia. Nathan has a passion for new technology, grant writing, and short stories. He spends his time rafting the American River, playing video games, and writing.

Like what you read? Follow us on X @Bitnewsbot to receive the latest Dell, Dell EMC or other Ethereum technology news.



Previous Articles:

- Advertisement -

Latest News

VanEck CEO Questions Bitcoin’s Encryption, Privacy Amid 2026 Bear Market

Jan van Eck, CEO of VanEck, raised concerns about Bitcoin’s encryption and privacy during...

XRP Gains 300% Since Nov 2024; Eyes Set on 2026 Highs

XRP has surged more than 300% since November 2024 despite recent market corrections.The resolution...

Crypto Dispensers Eyes $100M Sale Amid CEO Money Laundering Charges

Crypto Dispensers is exploring a possible $100 million sale amid legal challenges.Its founder, Firas...

12 Hosting Providers To Buy VPS With Bitcoin: An Expert Guide for 2026

You need a VPS. You want to pay with Bitcoin. Simple enough, right?Not quite....

Lyn Alden Rules Out Major Bitcoin Crash, Sees Bull Market Ahead

Lyn Alden sees no likelihood of a significant crash in Bitcoin or the crypto...
- Advertisement -

Must Read

What Are Anonymous Debit Cards And How Do They Work?

You've heard about anonymous debit cards, but what are they really? Anonymous Debit Cards are cards that let you make purchases without revealing your...