Accenture beefs up blockchain security

Digital service: Coinbase offers services for buying, selling, sending, receiving, and storing bitcoin. — Reuters

NEW YORK: Accenture Plc has developed new technology that it says can help make blockchain applications more secure and could speed up their deployment in sectors such as finance.

The professional services firm on Feb 8 unveiled a system that makes it easier for blockchain users to store their security credentials in hardware security modules (HSM), or highly secure processors that are specifically designed to safeguard passwords and "digital keys".