Future Cities Catapult, the London-based innovative ideas accelerator, and Guardtime, inventors of the Keyless Signature Infrastructure, have announced that they will enter a partnership in order to develop blockchain cybersecurity solutions for UK critical infrastructure. This will involve building prototype applications to enhance resiliency, security and reliability of critical infrastructure, which includes flood defense, nuclear power and the National Grid.
CTO of Guardtime, Matthew Johnson said: “As the world becomes more connected critical infrastructure will be even more exposed to cyberattack and today those tasked with defending infrastructure do not have the tools they need to guarantee the integrity of that infrastructure. We are thrilled to be working with Future Cities Catapult to design new blockchain based security solutions that can guarantee a level of operational resiliency not previously possible.”
This partnership be able to focus on concerns that were highlighted in a report by UK think-tank Chatham House, about cybersecurity concerns in regards to nuclear power plants which has been criticised as having a head-in-the-sand view of the possibility of cyberattack risks.
Dr Catherine Mulligan, head of Digital Strategy and Economics at Future Cities Catapult, noted: “Guardtime’s unique permissioned blockchain approach to large scale system integrity has tremendous potential to enhance the security of UK critical infrastructure and we are excited to work with the Guardtime team to build solutions that will play a key part in the government’s industrial strategy and showcase to the world how cities can be smarter in the future.”