TALLIN, Estonia and RICHMOND, Mass., Dec. 19, 2017 /PRNewswire/ -- Rivetz Corp. ("Rivetz"), a leading provider of decentralized mobile security solutions, today announced a partnership with Agrello to develop a hardware-based cybersecurity solution for digital identities. Identity is a fundamental problem on the internet, and this collaboration will create self-sovereign identities that are protected by hardware, offering simpler and safer solutions for users online.
This proprietary cybersecurity mechanism will help users navigate and engage with protections and assurances that are delivered by blockchain technology and trusted computing. Using Rivetz' innovation, the Agrello ID application will be able to bypass a user's phone operating system and thereby the potential malware installed on it, providing absolute protection from identity theft, data breaches, and most cyber-attack vectors.
"In cooperation with Rivetz, we can take our ID system to the highest level of security assurance, providing the uppermost form of protection available today," said Agrello CEO Hando Rand. "This will allow us to expand our client base to new enterprise customers with higher levels of risk in their operations."
"Agrello provides state-of-the-art identity services that meet the needs of modern users," said Rivetz CEO Steven Sprague. "We are very pleased to work with them to deliver a new token-powered model for identity and security, enhancing the security and simplicity required by the market."
Agrello offers blockchain-based legal technology and digital identity services, including cryptographically secure digital identities that users employ to identify themselves anywhere online. The Agrello ID service can be used to sign contracts or complete Know Your Customer (KYC) processes in seconds. Rivetz provides built-in protection of access credentials both to update and to assert user identities. The Rivetz toolkit provides access to the Trusted Execution Environment (TEE), which is built into most modern mobile devices.
About Rivetz International
Rivetz is focused on solving problems associated with consumer and machine-to-machine digital transactions. Rivetz technology and services aim to provide a safer and easier-to-use model for all users to protect their digital assets using hardware-based trusted execution technology. The device aims to play a critical role in automating security and enabling the controls that users need to benefit from modern services. Rivetz leverages state-of-the-art cybersecurity tools to develop a modern model for users and their devices to interact with services on the Internet. For more information, visit www.rivetz.com.
Agrello (https://www.agrello.org/), is an Estonian blockchain startup, developing business-ready smart contract solutions. Agrello provides everything one needs to create, sign, and manage contracts online, secured by blockchain technology.
SOURCE Rivetz Corp.