LAToken, creators of a peer-to-peer Liquid Asset Token (LAT) marketplace and wallet, and Rivetz International, today announced a partnership to bring hardware-based cybersecurity to the LAT platform.
The newly announced Rivetz token, RvT, provides a new decentralized model to protect and ensure that the transactions, identity and messages created on a mobile device are provably secure.
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.
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“Security and confidence is critical to building the value of this network.”, said Steven Sprague. “The partnership with Rivetz will help deliver the cybersecurity the market requires”. As the assets being tokenized a great real world value, it is even more imperative to utilize a new paradigm of security that Rivetz delivers.”
“Rivetz is offering a new blockchain powered model for decentralized cybersecurity that matches our needs in the market,” said Valentin Preobrazhenskiy, “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.”
The companies will work together to support full protection of the light wallet keys and process using the Rivetz Trusted app and RvT services. Both the buyers and sellers of assets on the LAT platform will have access to hardware assured identity, provable electronic signatures and verified instructions.
The technologies are currently in development and the service is expected to support integration of the Rivetz capabilities by early 2018. Both companies are funding their project through the use of Token sales.