Rivetz Raises $5.5 Million in RvT Token Pre-Sale; Public Token Crowdsale Begins Today, Capped at 200,000 ETH – CryptoCoinsNews

First Decentralized Cybersecurity Token Poised to Add Unprecedented Proof and Assurance of Privacy and Security at the Hardware Level for Billions of Consumer, Business and M2M Transactions

GEORGE TOWN, CAYMAN ISLANDS – August, 10 2017, Rivetz Intl, Inc. (https://rivetzintl.com) today announced it has secured $5.5 million USD (19,000 ETH) in a private presale of its Rivet (RvT) token, a cybersecurity token developed to provide verifiable security controls for cloud authentication, IoT, blockchain, and legacy financial transactions.  The RvT token enables multifactor authentication across devices, to achieve provable security at both the transaction and authentication level. The Rivetz solution uses technology that is already built in to hundreds of millions of mobile devices to assure the keys and transactions can not be altered or stolen by malware infecting the operating system. The token sale will open to the public on August 10, 2017 at 17:00 UTC.

Institutional buyers in the presale, including BnkToTheFuture and Tally Capital, are vocal in their support for Rivetz’s multifactor authentication solution.

“We are very supportive of the goals of Rivetz and happy to add it to our portfolio of tokens,” said Simon Dixon, CEO BnkToTheFuture.com. “Turning our phones into hardware wallets in a way that is scalable will be an important advancement as the world adjust to owning their own digital assets. Rivetz CEO Steven Sprague is a true expert in the field of security, and the perfect leader to bring this innovation in personal security forward.”

“The Rivetz token distribution is a groundbreaking moment in decentralized cybersecurity,” said Matthew Roszak, managing director of Tally Capital and co-founder of Bloq.  “Rivetz provides consumer protections and simplicity that will help blockchain applications achieve their next level of adoption.  This new platform will add a crucial new layer of protection to exchanges, wallet and new tokens to ensure a level of data integrity and identity protection never before available.”

The token sale is led by leading crowdfunding platform TokenMarket. For more information, visit https://rivetzintl.com. The team is available to answer questions on  Slack  or Telegram

About Rivetz

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 http://www.rivetz.com

All product and company names herein may be trademarks of their registered owners.

Rivetz Media Contact: Transform Group, rivetz@transform.pr
Rivetz Company Contact: info@rivetz.com
TokenMarket Contact: Freya Stevens, freya@tokenmarket.net

Source: Rivetz Raises $5.5 Million in RvT Token Pre-Sale; Public Token Crowdsale Begins Today, Capped at 200,000 ETH – CryptoCoinsNews


LaunchKey Next-Generation Authentication Selected by MasterCard and Silicon Valley Bank

LaunchKey, the leading mobile authentication platform, today announced that Silicon Valley Bank and MasterCard have tapped the company to develop and test ways to employ their next-generation authentication within the growing consumer financial services sector. As part of this partnership, LaunchKey has been selected to participate in the fourth class of Commerce.Innovated., a bi-annual virtual accelerator limited to a handful of select early stage companies seeking to break into the financial technology (Fintech) space. LaunchKey will go through a four-month virtual program that provides resources to help refine and enhance business ideas through access to operational expertise from Silicon Valley Bank, MasterCard and their respective networks. “Our multi-factor authentication approach is a viable alternative to traditional passwords, even for highly-regulated and secure sectors such as banking and finance,” said LaunchKey CEO Geoff Sanders. “The password-based systems presently in use are inadequate for next generation financial services and the needs of consumers. We look forward to working with both MasterCard and Silicon Valley Bank though the Commerce.Innovated. program to place a higher value on security, privacy and user experience in the banking and consumer financial services industries moving forward.” “The security of account information and payment apps are top of mind with consumers, retailers and financial institutions,” said Stephane Wyper, vice president of startup engagement and acceleration for MasterCard. “The Commerce.Innovated. program will help LaunchKey build on its commercial traction and scale its business to meet the evolving needs of security across financial services and the broader industry.” “We’re pleased to welcome LaunchKey into the fourth class of Commerce.Innovated.,” said Reetika Grewal, head of Silicon Valley Bank’s payments strategy. “LaunchKey aims to drive important advancements to the authentication space. We are excited to work side by side with them and share our knowledge and networks to help them develop the infrastructure and operations that they need to accelerate their growth.”

Source: LaunchKey Next-Generation Authentication Selected by MasterCard and Silicon Valley Bank