Bitpay Releases Novel Details On Its Collaboration Amongst Intel & The Copay Bitcoin Wallet

Global bitcoin payment processor BitPay revealed novel details today almost how its open-source wallet, Copay, integrates alongside Intel’s hardware safety environment, which is built-in to all Intel seventh-generation Core processors.

The novel Copay wallet industrial plant alongside 3 novel technologies: Intel® Software Guard Extensions (SGX), Intel® Identity Protection Technology (IPT) in addition to Intel® Protected Transaction Display (PTD).

Intel’s SGX extension essentially allows sensitive information in addition to operations - similar wallet somebody keys in addition to transaction signing - to guide keep house inwards a secure environment, away from OS software components that may hold out compromised alongside keyloggers. “For Copay users alongside desktop wallets, this agency that bitcoin somebody fundamental generation, bitcoin transaction signing, in addition to somebody fundamental storage are secured – fifty-fifty if the Copay wallet's code is compromised or the car is infected alongside a virus or malware,” says BitPay

Intel® Software Guard Extensions technology-enabled application execution flow. Image credit: codeproject.com

BitPay’s Copay wallet makes utilization of Intel’s PTD & IPT technology, which throws upwardly a randomly-arranged keypad for users to instruct into a 4-digit pivot code, earlier whatsoever of import functioning takes place:

“Each fourth dimension this PIN pad appears, the keys volition look inwards a unlike order. This presentation helps to preclude potential attackers from detecting user PINs alongside mouse-click location display coordinates.”

Code that is executed inside the SGX enclave is too protected from virus infections inwards BIOS, VMM in addition to drivers, giving Copay users the same marker of protection equally other hardware bitcoin wallets similar TREZOR & Ledger.

At press time, the hardware-level safety is non available on Copay, however, Bipay has said at that topographic point is an ongoing collaboration alongside Intel to deliver this functionality inwards the close future.