Mobile security startup Rivetz partners with UbiatarPlay to provide cybersecurity to avatar-based marketplace

Zurich, Switzerland and Mass-based startup, Rivetz, is a modern and mobile ecosystem that offers a simplified, intuitive approach to cybersecurity, built around hardware-based identity. Founded in 2013, Rivetz also develops RivetzSDK, a cyber-security protection solution for private keys and sensitive data processing needs. Its solution allows application and software developers to protect their digital assets and online transactions in phones, tablets, and personal computers.

The company announced today that it is partnering with UbiatarPlay to provide secure, peer-to-peer blockchain transactions for emerging tele-tourism market. This is Rivetz second partnership agreement in the last two months. Back in February, Rivetz announced a partnership with Dogezer. The partnership enables Dogezer to integrate with Rivetz’s enhanced security capabilities to improve safety and identity verification. Developers using Dogezer will also be able to incorporate the Rivetz security platform into their projects to provide a more secure user experience.

Rivetz supports advanced security capabilities that provide owners of account enhanced protection, assuring integrity of messaging and applications. Its RvT cybersecurity token provides verifiable security controls for blockchain transactions. The RvT token enables multifactor authentication across devices, to achieve provable security at the transaction and authentication level. The Rivetz solution leverages 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. Rivetz Corp. (“Rivetz”), a leading provider of decentralized mobile security solutions, today announced a partnership with UbiatarPlay, an innovative new marketplace where Avatars offer their physical presence for hire to people who want to instantly travel anywhere in the world. The marketplace will utilize the robust cybersecurity controls that Rivetz deploys to mobile devices for its in-app transactions.

“At UbiatarPlay we strive to provide world-class security for all our users, while providing a new power to mankind. With Rivetz, the security of all our customers’ data will be stored into the TEE (Trusted Execution Environment) of their devices with high-tier hardware safety,” said UbiatarPlay Founder and CEO Fulvio Dominici.

UbiatarPlay’s marketplace will initially launch with free live broadcasts allowing users to see any part of the world. Users will be able to hire local Avatars – people who broadcast their respective location on the UbiatarPlay marketplace – for telepresence sessions in which users can direct the Avatar to explore and interact with their surroundings. Such technology has practical applications including tele-tourism, business travel and remote industrial assistance.

“We look forward to providing UbiatarPlay peer-to-peer transactions with provable cyber controls that become an immutable part of the blockchain record. Rivetz will accomplish this through cryptographic proof which measures whether protections are in place before a transaction can be executed. Since Rivetz is built on TEE technology which has been already delivered to more than a billion devices, we look forward to delivering a higher security standard through the integration of our cybersecurity controls to UbiatarPlay users,” said Rivetz CEO Stephen Sprague.

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.