Use Cases for Secure Element
What can we use the Secure Element for? Here are some real use cases for the Secure Element.
Authentication
SEs can be used to store information needed to log into online services, which include cryptographic data and other sensitive data. The SE can stop unauthorized access and other types of security threats.
Crypto Wallet Security
Crypto wallets, like the ones in our lineup, take full advantage of the Infineon Secure Element to not only store your public and private keys but also to keep them safe.
Mobile Device Payments
Contactless payments via mobile devices are another useful application. This is a vital example of how the Secure Element stores payment information within the chip for various payment terminals. With applications such as Apple Pay, Google Pay and the like, Secure Elements are the hero behind the curtain, making sure we never sacrifice safety for convenience.
Digital Identification
SEs also have a role to play in digital identification. This includes storing your e-signature, digital credentials, and other personal info to protect against identity theft and other malicious uses of personal data.
Secure Storage
You won’t be too surprised to find SEs in IoT (Internet of Things) devices in your daily life. IoT devices are ones capable of connecting to the internet to collect and transmit data without human aid. Such things include security systems, smart home devices and even transportation systems.
IoTs secure and store sensitive information within these devices to protect them from hacks. Can you imagine a world where rivaling governments have the ability to tamper with satellites, security, and transportation systems completely unhindered?
Secure and Encrypted Communication
Lastly, Secure Elements can keep communication private and encrypted. We’re talking about voice encryption and secure messaging functions that some apps employ.
Conclusion
Secure Elements provide a trusted and secure environment within devices all around us. We sometimes take for granted the convenience and security we enjoy thanks to these little components. The high level of protection they provide allows us to live our lives worry-free. Next time you’re reaching for your phone to make a quick payment, remember the SE within that keeps your information safe.
Related Articles:
- Why Choose a Cold Wallet?
- How to Avoid Crypto Phishing Scams
- What Happened to Cryptocurrency Exchange FTX?
Sources:
- https://www.infineon.com/dgdl/Infineon-ISPN-Use-Case-Secure-element-for-protection-of-communication-between-unsecure-objects-ABR-v01_00-EN.pdf?fileId=5546d462602a9dc801606e2e3df772c5
- https://encyclopedia.kaspersky.com/glossary/secure-element/
- https://www.carrentalgateway.com/glossary/secure-element/
- https://unchained.com/blog/bitcoin-what-is-a-secure-element/
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