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Tech Firm Seagate Experiments Anti-Fraud Blockchain Tracking with IBM

Tech Firm Seagate Experiments Anti-Fraud Blockchain Tracking with IBM


Time to Read: 2 minutes

With a proof-of-concept that kicked off in 2018 in partnership with IBM, Seagate is moving a blockchain-based product tracking trial to the pilot stage to assess how scalable a possible live platform could be.

Data storage giant Seagate has expanded its blockchain work with a plan to estimate the fraud-fighting potential of the tech.

With a proof-of-concept that kicked off in 2018 in partnership with IBM, Seagate is moving a blockchain-based product tracking trial to the pilot stage to assess how scalable a possible live platform could be.

Seagate’s research group managing technologist of data security, Manuel Offenberg said, “While the pilot is not yet launched, the firm has already given approval.”

The hard-drive tracking blockchain project keeps an eye on the products sent via several steps to the customer, which for the trial is also IBM as a major consumer of Seagate products. Any product returns are also tracked back to Seagate. In a real-world offering, this would help ensure that counterfeit drives are not sent back in place of the genuine article.

Another potential use case for the platform, especially in Europe under the 2016 General Data Protection Regulation, would be to attest that any drives returned for defects or other reasons have gone through a possible “certified erase” process in order to remove any user data.

“When a drive comes back as part of its returns process, if we can prove that the drive was cryptographically erased, and therefore, the information is no longer on the device, then, from a risk perspective, this reverse supply chain can treat that device differently,” said Offenberg.

Monty Forehand, Seagate product security officer, said, “While the firm’s products already have a QR code-based brand protection tag, it doesn’t utilize blockchain. If the supply chain pilot goes well, and depending on other factors, that could soon change.”


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Tech Firm Seagate Experiments Anti-Fraud Blockchain Tracking with IBM

by News Desk Time to Read: 1 min
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