RvT Tokens in a Global Market for Cybersecurity
This article wants to provide in-depth cosiderations upon the global market that RvT Tokens is aiming. There is a great potential and showing it is the intent of the subsequent analysis. This post does not bring a full description of RVT Tokens or an introduction about it. There is plenty of introductory material on Steemit about RvT and about Rivetz International. If you want to know more about Rivetz International or its underlying tokens RvT, Rivetz toolkit or the Rivetz environment, please refer to those articles or to the official website at https://rivetzintl.com
The objective is not going through technical features, because this I am not fitted to make a profound analysis of cybersecurity in a technical way. But I know about the market demand for it and this is the objective of this article. If you want more information about technical features, please refer to the whitepaper or to other Steemit articles. The whitepaper can be found in the following link: https://rivetzintl.com/rvt-white-paper-1.02.pdf
In addition to that, I would like to emphasize that no sentence of this article whatsoever is meant to be considered an investment suggestion. This is solely an analysis of the global market for cybersecurity that Rivetz is intending to focus. If you or anyone else decides to invest or buy RvT tokens, you or the other person is doing so at your sole discretion. Be sure that you may lose all your invested capital. There are risks to nearly any investment, and this is a risky investment.
That being said, let's not lose any more time and let's start:
RvT Tokens in a Global Market for Cybersecurity
I believe a global market for the services powered by RvT tokens exists and I will try to prove why. First of all, there is a growing demand for improved cybersecurity. According to Gartner:
Cyber security spending to reach $90 billion in 2017.
Another important source tells us something similar. IDC report affirms:
Cybersecurity Spending to Hit $101.6 Billion In 2020
The market for the services and functionality of RvT Tokens is potentially vast. It could probably be utilized by both currently shipped devices and future security chip and device sales.
Some examples
There is a growing number of firms investing in the so called Internet of Things (IoT). Devices will communicate with each other in an automatic way. Artificial Intelligence (AI) will play an important role because those machines will actually take decisions on behalf of their owners in an optimal way. Imagine if a flawed cyersecurity lets a hacker take control of such machines? Detrimental payments would be made and the owner would not be able to avoid it on time. Ransoms might occur.
Another example that seems far from our reality but is actually very near from coming is the industry of automated vehicles. You probably have heard of plans for automated Ubers, so that you don't need to own a car, but instead would only pay for use. However, have you ever imagined how important cybersecurity will be? Someone or a government wanting to cause panic could damage the whole system and cause crashes if there is a flawed cybersecurity. If you cannot imagine this situation, take a look at the following picture. It may help.
The current mobile market with Trusted Execution Environment (TEE) capability is huge. Current estimates show over one billion shipped devices with this capability. Moreover, tehre are near one billion enterprise grade personal computers
deployed. Both are huge potential markets for Rivetz, if Rivetz is able to convince them to upgrade to Rivetz improved security.
Conclusion
Obviously, execution matters. This article proved how important and how big this market is projected for the next 5 to 10 years, including examples about IoT and automated vehicles. If you believe the team is capable of absorving a reasonable share of this huge potential market, investment in RvT should be considered. If you have any doubt about this post you can contact me here or at bitcointalk forum.
Great post
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Well written. Great insigths. Thanks!
Good post, thanks. Nice to see some level of analysis and explanation. Are you investing?