Rivetz- Global Attestation and Identity NetworksteemCreated with Sketch.

in rivetz •  7 years ago  (edited)

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The ICO starts at 10th August and ends at 10th September 2017, being 60,000,000 RvT tokens available to be bought, and an aim of 50 million USD.

Join the RIVET ICO: https://rivetzintl.com/

What's Rivetz?

Rivetz is building a Global Attestation and Identity Network, powered by the Rivetz Token (RvT), in order to improve the security of the devices on which we rely. Cybersecurity is decreasing rapidly being this associated with the rapidly evolving of technology that took place the last few years, especially in the mobile device technological field. The old models of software and their security software are always one step behind the hackers. Antivirus solutions built for enterprises and personal computer networks cannot address the rapidly growing mobile and IoT markets.

  • Legacy security systems developed for desktop PCs and in-house networks were not designed for a real-time, mobile device driven world where sensitive information flows across public network systems to largely unknown devices outside the conventional network boundaries of enterprises, organizations, and government agencies.

  • Cybersecurity and privacy are often at odds. Strong trust in the device provides the safe place to tokenize services and dramatically enhance the privacy of transactions and data.

  • Cybersecurity has failed to keep pace with evolving threats caused by the increasing use of mobile devices, blockchains, smart contracts, IoT and cloud computing.

  • Blockchains and smart contracts require a new model for cybersecurity to protect private keys and instructions.

  • Software-based security models focused on monitoring and detection have added complexity, frustrating users, while failing to prevent cyber-attacks.

  • Cyber-attacks have been pervasive and have diminished the value and quality of services that could otherwise be delivered, thus hindering growth in the digital services market and limiting the value of subscribers to service providers.

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Taking this in consideration,Rivetz is developing technology to push the edge of security to the screen of the device. Rather than a password being the last line of defense, individual devices can be deputized to broker access to valued online assets. The Global Attestation and Identity Network is intended to record and verify the health and integrity of the device using an RvT and blockchain technology.

This new service builds on the idea of the Trusted Execution Environment (TEE), a dedicated and impenetrable hardware platform that exists in every device. Protecting data created and consumed by devices is an ever-growing challenge. Estimates peg the number of Internet of Things (IoT) devices to exceed 200 billion by 2020. IoT devices are the foundational layer, where data is created.

The IoT industry assumes you can trust the data from the device, but in most cases, this is not true. Rivetz, working with TEE, can create the much-needed trust. The mobile devices of today are essential to decentralized data processing, but that processing can be easily corrupted. By focusing on the device identity, continuously measuring the state of the device, and enabling a new token based business model, Rivetz is constructing a new decentralized approach to cybersecurity and transaction assurance.

Rivetz's Features:

• The Rivetz Ecosystem- Rivetz is a state-of-the-art toolkit for harnessing the Trusted Execution Environment (TEE) to protect your secrets, your finances, and your privacy. It's like a hidden vault (already embedded in most phones) that no OS or software can eavesdrop on.

• The RvT (Rivet) Token- Rivetz uses the RvT (Rivet) token and blockchain to cryptographically prove that the vault (TEE) in your phone is secure, from the manufacturer to your pocket. Once your vault's integrity and health is verified, you know any transactions you send are exactly the ones you intended.

• Only Rivetz Provides Assurance- Only Rivetz utilizes the hardware security embedded in devices! Rivetz truly secures customers' devices and transactions from being exposed, and protects software development companies from financial exposure and public embarrassment.

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https://medium.com/@Radityadikepo/rivetz-decentralised-and-mobile-cyber-security-token-9ba2602cd8b2

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