Rivetz: Blockchain based decentralized Cybersecurity token by wilsonbyrne

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· @wilsonbyrne ·
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Rivetz: Blockchain based decentralized Cybersecurity token
![](https://steemitimages.com/DQmNjxx2Jvv2tWVpdN7MhisyMEzoh5sgtiYETUywuSQ8wQM/image.png)
In today's world digital devices like smart phones and computers have become an integral part of our day to day life. We use our phone to store data, communicate with other centralized applications and make payments, without knowing the high risk of exposing it to cyber-attack. High security standards are required to protect this data and Rivetz is the best solution for it

Rivetz International is a wholly owned subsidiary of Rivetz Corp., focused on solving problems associated with consumer and machine-to-machine digital transactions. Rivetz technology provides a safer and easier-to-use model for all users to protect their digital assets using hardware-based device identity. Rivetz combines the trusted computing and block chain technology to provide revolutionary privacy protection. It aims to enable high standards security for peer to peer transactions and authentication level. Rivetz protocol will take advantage of Trusted Execution Environment (TEE) to execute the code which will be immutable and cannot be changed by operating system. Rivetz will make sure that policy and controls of devices are executed as per desire.

Current Industry problems

Total spend on cybersecurity is increasing but lack of innovation in the ecosystem leads to a very limited or no improvement in the security protocols. Current protection like – firewalls, authentication and VPN– are not able to cope up with the current demand of security. It has become very easy for hackers to surpass these systems.

Inefficiency of cybersecurity protocols to provide solutions for mobile, real time payments and blockchain based technologies
No service as of now for emerging Blockchain and IoT based solutions
Increasing cybersecurity attacks which have diminished the value and quality of services that could otherwise be delivered
Lack of economic model for Industry
Solution provided by Rivetz

The RvT token technology takes advantage of the established capabilities of TEE (Trusted Execution Environment) to provide a vault on a device to enable secure machine execution of instructions. Rivetz has a vision of a global ecosystem of cybersecurity checkpoints empowered by a blockchain micro transaction model. The decentralized network of cyber-checkpoints enforces the policies of the owner on the specific device, assuring only known devices in a known condition are allowed to access and process sensitive information. The decentralized network of TEE enabled devices supervises and enforces the owner's policies for utility service micro transactions assuring only the services requested are settled in RvT

Multifactor Authentication with high level of securities
Ensure device's health to perform transaction securely and safely
Assured instructions for online and offline cryptocurrency wallets
Hardware protection of private key and embedded multifactor authentication
"RvT" Token by Rivetz

RvT is a cybersecurity token that can enable registration of devices and attest to their cybersecurity controls. Aim here is to provide a source of payment (the RvT) that is bound by the owner's policy assuring that only approved service providers are paid
The RvT token has the potential to play a role in providing a core infrastructure component for provable cybersecurity controls
Enable Multifactor authentication on device
High level of security for transaction
Makes possible peer to peer transaction with immutable standards
RvT Token details

Total supply: 200,000,000

Tokens available for crowd sale: 70,000,000

Early bird bonus: 20%

The crowd sale date: 25th July 2017
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