LAToken, creators of a peer-to-peer Liquid Asset Token (LAT) marketplace and wallet, and Rivetz International have announced a partnership to bring trusted execution environment (TEE) hardware-based cybersecurity to the LAT platform.
The newly originated Rivetz token, RvT, provides a new decentralized model to protect and assure the transactions, identity, and messages created on a mobile device are provably secure. Proof of cybersecurity controls is critical to building value in decentralized networks.
LAToken is building a global market using blockchain to enable a new model for freeing up the capital in fixed assets. It tokenizes and makes tradable assets ranging from debt and equity to real estate and art.
The companies will work together to support full protection of the light wallet keys and process using the Rivetz Trusted app and RvT services. Providing users a simpler and safer model to protect access to their assets on LAT marketplace. Both the buyers and sellers of assets on the LAT platform will benefit from hardware assured identity, provable electronic signature and verified instructions.
The technologies are currently in development and the service is expected to support the integration of Rivetz capabilities by early 2018. Both companies are funding their project through their respective token sales.
“Rivetz is offering a new blockchain powered model for decentralized cybersecurity that matches our needs in the market. We look forward to working with Rivetz and using the RvT token to assure the customers on our network have a safe and simple experience.”