Rivetz Brings Comprehensive Cyber Security Decentralized at Hardware Level
Another new comer in cryptocurrency market, Rivet is a Cyber Security Token. The token will bring you to the Rivetz Ecosystem where cyber security is made by trusted computing and decentralized with blockchain technology. The result would be comprehensive protection to your private accounts and transactions at hardware level.
How could Rivetz works at hardware level?
Inside a device, there is a private hardware vault, which is independent and isolated from operating system and other software. Neither apps nor programs could see what inside it. This is the Trusted Execution Environment where Rivetz will work through. Rivetz technology will provide security to all private information, including passwords, keys, and secrets. Nobody could access it without your authorization. Your privacy is intact.
Using blockchain technology, Rivetz prove security of the vaults cryptographically. This integration allows Rivetz to perform attestation and health check; while bind device integrity to a transaction. This decentralized cyber security will work from the manufacturer to the device. Every important transaction would be verified and your device would be checked for its health condition. The health check is including whether there is malware on the device and it connects to malicious hotspot. Unless the health restored, the transaction will not able to proceed.
This cyber security from Rivetz is fundamentally a secure ecosystem powered by blockchain. The ecosystem will cover important transactions, including micropayments. With Rivet Token bank could verify identity for any withdrawing and store could protect the supply chain. Everything and every action would be secure. Financial exposure and public embarrassment could be prevented.
Token that Could Be Used to Many Things
Rivet Token is called Rvt. This RvT is multipurpose for the access to cyber security. It is expected to be exchanged for Cybercontrol services. Then, it will be used to register reference health measurements, verify device integrity, and consumed to provide machine multisig. For possibility of RvT as investment tool at the exchange, it would be depend on community interest.
Rivetz ICO
Rivetz is now planning the ICO of the token soon that would take place at August 10, 2017. Actually, they initially planned the ICO to be started at July 25th, 2017. However, they postponed the crowd sale to the second week of August due to the potential changes of Bitcoin protocol on August. They want to make the crowd sale run smoothly without any disruptions or security concerns associated with the Bitcoin protocol changes. However, Rivetz opens pre-sale during the extension period until August 9th, 2017 at 1700 UTC with minimal purchase of 150 ETH. The ICO will run for a month from August 10th, 2017 at 17000 UTC to September 10th, 2017 at 1700UTC.
Rivetz will supply a total 200 million RvT that would be divided into three shares. The distribution is 70 million or 35% of the token would be supplied for token sale, 60 million or 30% for promotional, and the rest 70 million or 35% is to be reserved for future uses. For this ICO, Rivetz only accept ETH. Anyone who interest to give his/her contribution should prepare ETH before join the token sale.
Website: https://rivetzintl.com
Whitepaper: https://rivetzintl.com/rvt-white-paper-1.02.pdf
Writer: https://bitcointalk.org/index.php?action=profile;u=897640
Thanks for posting. I was interested since hearing about this on the Blockchain Knowledge podcast. http://podbay.fm/show/301670981/e/1418636716?autostart=1
It opened my eyes to the hidden things already in our hardware that can be use to provide better authentication and security.
Looking forward to the crowdsale on this token.