Futurex and R3 bringing HSM-backed security to Corda blockchain

Futurex and R3 bringing HSM-backed security to Corda blockchain

Futurex, a leader in hardened, enterprise-class data security solutions, today announced that it is partnering with R3, the enterprise blockchain software firm, to deliver a secure foundation for the Corda Enterprise platform, with integrated Futurex hardware security modules (HSMs).

HSMs from Futurex add an essential layer of security to blockchain implementations by providing FIPS 140-2 Level 3-validated cryptography. This enables R3’s banking customers to perform peer-to-peer, intra-bank, and cross-enterprise transactions securely, quickly, and cost-effectively using Futurex’s HSMs to handle transaction signing and cryptographic key lifecycle management.

R3’s Corda Enterprise is a blockchain platform that enables businesses to transact directly and in strict privacy using smart contracts, reducing transaction and record-keeping costs, and streamlining business operations. Futurex’s HSMs provide two key steps for securing the blockchain: digitally signing transactions or blocks added to the blockchain using strong cryptography and managing the full lifecycle for the keys used in securing the blockchain, from generation to rotation to retirement.

“We deliver the highest assurance method of verifying blockchain integrity with our financial-grade HSMs. For lifecycle management, certificate authority, and data protection, we are proud to integrate with R3’s Corda Enterprise to deliver the best of blockchain technology with the highest levels of security.”
– Ryan Smith, vice president, global business development at Futurex

Hardened security at the foundation of a robust data security ecosystem

Futurex’s HSM solutions that integrate with Corda Enterprise include the Vectera Plus, Excrypt Plus, and Excrypt SSP Enterprise v.2. All HSMs in these product lines are FIPS 140-2 Level 3 validated and offer functionality suited for both financial and general-purpose cryptographic ecosystems.

By integrating directly with Futurex’s Key Management Enterprise Server (KMES) Series 3 for key lifecycle management and Guardian Series 3 for centralized cryptographic infrastructure management and high availability, these HSMs form the cornerstone of a robust data security ecosystem.

“With Corda Enterprise, we are delivering on our banking customers’ robust security needs in order to perform intra-bank transfers without the hassle. Together, with Futurex handling key management, we are delivering unprecedented levels of trust and security to ensure protection for signing keys.”
– Cathy Minter, CRO of R3

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