New companies join the Linux Foundation's Confidential Computing Consortium (CCC), including R3, IoTex, Anqlave, Accenture, Facebook, NVIDIA, and 4 more.
El Confidential Computing Consortium of the Linux Foundation continues to grow, now a total of 10 companies are integrated into this society, focused on continuing to develop its research work around confidential computing.
Stephen Walli, Chairman of the Consortium's Governing Board, said that in the last 5 months they managed to include 10 new members to the CCC. Regarding this, Walli points out that they have formed a large group of exceptional companies to solve the challenges present in the development of the highest levels of information security, the protection of applications and the safeguarding of data and confidential information of users.
Likewise, Walli pointed out that the mission of the CCC is; to secure data in use within TEEs and other advanced protection technologies. Walli also highlighted the importance of running a distributed ledger based on blockchain to ensure data security and reliability.
For his part, the CEO of IoTex, Raullen Chai He mentioned in an interview that:
“Confidential computing takes privacy-preserving smart devices to the next level by not only allowing users to own their private data, but also to use it in a privacy-preserving way.”
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What is the Linux Foundation's Confidential Computing Consortium (CCC)?
The Linux Foundation's CCC is a group of companies and organizations that have come together to form an association dedicated to developing new standards and technologies for the adoption of confidential computing.
CCC's founding members include; Asian telecoms giant Huawei, the Chinese digital commerce multinational Alibaba, the Internet giant Google, the largest manufacturer of processor and integrated circuit technology for computing Intel and the multinational software development and other services company Microsoft.
This consortium pursues the goal of bringing together the best and most specialized companies in computing and technological development, to promote the growth and usability of confidential computing in the market through the Trusted Execution Environment (TEE)The latter are a security solution designed to ensure the protection and confidentiality of valuable data stored within a device, while allowing service providers to verify, query and manage such data.
Secure Execution Environments (TEEs) ensure a high level of security by preventing unauthorized devices from accessing applications or stored data while they are in use, making them an ideal solution for safeguarding sensitive or valuable information. Through TEEs, no unauthorized user will be able to enter or access confidential data on a device, making them ideal for efficiently protecting financial and personal information.
Likewise, the CCC actively and openly collaborates with the development of several open source projects, which also seek to implement solutions that allow the protection and safeguarding of data handled on the network.
Importance of Secure Execution Environments (TEE)
Through Secure Execution Environments (TEE), the CCC seeks to create new scenarios where different organizations can contribute confidential data without having to expose it to other members.
According to CCC, the idea is to enable the creation of multi-party sharing scenarios that have been difficult to build due to privacy, security considerations and the different regulatory requirements for their proper functioning. Now to achieve their goal, the companies that make up the CCC will develop new enterprise-grade building blocks, for example, open specifications and open source licensed projects that integrate the latest technologies and innovations for data and business confidentiality.
Likewise, with the integration of new members, for example R3 e IoTex, seeks to explore the functionalities of blockchain technology that can be implemented within these environments, in addition to the application of smart contracts (smart contracts), which can allow confidential computing processes to be established end-to-end in a secure and reliable manner, thanks to the programmable and verifiable qualities of these contracts.
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