LAS VEGAS, Jan. 8, 2018 /PRNewswire/ -- CES / Coinagenda -- Rivetz Corp. (https://rivetz.com/) today announced a partnership with CRIP.TO (https://crip.to) to enable interoperability between CRIP.TO devices and the Rivetz Trusted Application. The collaboration will ensure that secure messages can be sent between devices and that secure key management can be performed within the trust boundaries of two devices, providing users with a flexible solution that can enhance the security and usability of their collection of devices. Integrity and key recovery enable new models of decentralized security for messages and cryptocurrency transactions for the financial, consumer, and industrial markets.
CRIP.TO focuses on the communications side of the security and privacy equation. Its Black hardware device is the TEE equivalent of encrypted communications. With its custom-made FPGA chip and open standard encryption system, Black provides a second protected execution environment through which communications and data are encrypted and prepared for transmission. Through the integration on the blockchain, it is working to create a secure Open Network. The network will be opened to third-party developers to allow them to add their own apps, allowing them to also take advantage of the end-to-end encryption. Taken together, CRIP.TO Black and Rivetz-enhanced CRIP.TO Shield (an Android App) will allow users unparalleled security and identity protection for all their internet and mobile interactions.
"We are pleased to be working with CRIP.TO to support the full spectrum of hardware security for blockchain and secure messaging," Rivetz CEO Steven Sprague said. "The enhanced security that is provided by dedicated hardware offers owners the best levels of protection. The business and operational models of security provided by Rivetz and the RvT token can be extended to a variety of devices, and we are dedicated to supporting the full spectrum of capabilities."
"We're thrilled to be integrating CRIP.TO and Rivetz's technologies, recognizing the need for transactional and communication security and privacy on smart devices," CRIP.TO CEO Stefano Alberico said. "We each bring hardware-enabled solutions to meet this need."
Rivetz solves problems associated with consumer and machine-to-machine digital transactions. Rivetz's technology and services provide a safer and easier-to-use model for all users to protect their digital assets using hardware-based trusted execution technology. The Rivetz solution enables the device to play a critical role in automating security and enabling the controls users need to secure 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.
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.
CRIP.TO is a company dedicated to providing the highest level of communication security available while protecting the user's identity. The CRIP.TO business model is built on a fee-for-service that eliminates the need to resell user data, as is common with most free apps. CRIP.TO is a 100% European company from product design to fabrication to service delivery. It hosts its services in Iceland, renowned for its legislation protecting freedom of speech and anonymity of individuals. CRIP.TO uses the best encryption technologies (software and hardware), as identified by encryption experts that are unaffiliated with any governmental or large commercial entity. Relying on a custom-built hardware encryption device (FPGA based) eliminates the possibility of backdoors making it into the solution. CRIP.TO provides users with the power to communicate fearlessly.
For more information, visit www.crip.to
SOURCE Rivetz Corp.