Rivetz Introduces Decentralized Cybersecurity Token to Secure Devices

RvT Token Technology Can Enable Provable Cybersecurity Controls, Putting Device Security on the Blockchain

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Rivetz Intl, a newly formed subsidiary of Rivetz Corp., today announced the RvT cyber security token, created to combine trusted computing with Blockchain technology that can offer comprehensive privacy protection. Rivetz believes the RvT token will enable multi-factor authentication across devices, to achieve provable security at the transaction and authentication level. Furthermore, Rivetz believes the solution will enable peer-to-peer transactions to have provable cyber controls that become a permanent part of the Blockchain record, providing cryptographic proof that the measured protections were in place before a transaction can execute. The Rivetz solution is built on technology that has already been delivered on over a billion devices containing ARM-compatible processors.

RvT token technology takes advantage of the established capabilities of the Trusted Execution Environment (TEE) to provide a vault on the device to securely enable machine execution of instructions that are subject to owner-led policy. The Rivetz trusted app checks the status of a device before undertaking a task, such as connecting to the cloud. If the current condition of the TEE and the registered reference conditions match, the task can proceed. If not, the task will not be permitted.

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“Since my introduction to Blockchain in 2013, it’s been clear that Blockchain technology and trusted computing have the potential to provide the global infrastructure to enable billions of trusted computing devices already in circulation with built-in decentralized cyber security,” said Steven Sprague, Founder of Rivetz. “We’ve invested and built the foundations to realize that vision. Rivetz believes that the launch of the RvT token and RvT powered services will provide a decentralized operational and economic model to boost the adoption of built-in security controls.”

The launch of the RvT token builds on existing trusted computing technology already deployed by Rivetz Corp., which has been done over the last three years to prototype advanced transaction and security capabilities. Blockchain, IoT, cloud computing and many other markets can benefit from provable controls. Today’s devices contain advanced security hardware, and Rivetz’s mission is to put that deployed security to work to provide a simpler, safer experience for users.

The launch of the RvT token sale is expected to take place on July 25, 2017. More details along with a technical white paper are available at: www.rivetzintl.com.

About Richard Kastelein

Founder and publisher of industry publication Blockchain News (EST 2015), a partner at ICO services collective Token.Agency ($750m+ and 90+ ICOs and STOs), director of education company Blockchain Partners (Oracle Partner) – Vancouver native Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He sits on the advisory boards of some two dozen Blockchain startups and has written over 1500 articles on Blockchain technology and startups at Blockchain News and has also published pioneering articles on ICOs in Harvard Business Review and Venturebeat. Irish Tech News put him in the top 10 Token Architects in Europe.

Kastelein has an Ad Honorem - Honorary Ph.D. and is Chair Professor of Blockchain at China's first Blockchain University in Nanchang at the Jiangxi Ahead Institute of Software and Technology. In 2018 he was invited to and attended University of Oxford's Saïd Business School for Business Automation 4.0 programme.  Over a half a decade experience judging and rewarding some 1000+ innovation projects as an EU expert for the European Commission's SME Instrument programme as a startup assessor and as a startup judge for the UK government's Innovate UK division.

Kastelein has spoken (keynotes & panels) on Blockchain technology in Amsterdam, Antwerp, Barcelona, Beijing, Brussels, Bucharest, Dubai, Eindhoven, Gdansk, Groningen, the Hague, Helsinki, London (5x), Manchester, Minsk, Nairobi, Nanchang, Prague, San Mateo, San Francisco, Santa Clara (2x), Shanghai, Singapore (3x), Tel Aviv, Utrecht, Venice, Visakhapatnam, Zwolle and Zurich.

He is a Canadian (Dutch/Irish/English/Métis) whose writing career has ranged from the Canadian Native Press (Arctic) to the Caribbean & Europe. He's written occasionally for Harvard Business Review, Wired, Venturebeat, The Guardian and Virgin.com, and his work and ideas have been translated into Dutch, Greek, Polish, German and French. A journalist by trade, an entrepreneur and adventurer at heart, Kastelein's professional career has ranged from political publishing to TV technology, boatbuilding to judging startups, skippering yachts to marketing and more as he's travelled for nearly 30 years as a Canadian expatriate living around the world. In his 20s, he sailed around the world on small yachts and wrote a series of travel articles called, 'The Hitchhiker's Guide to the Seas' travelling by hitching rides on yachts (1989) in major travel and yachting publications. He currently lives in Groningen, Netherlands where he's raising three teenage daughters with his wife and sailing partner, Wieke Beenen.

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