Rivetz Analysis
After dissecting Rivetz 34 White Paper pages, and conducting further research into cyber security, I am genuinely more and more amazed at how this technology will unfolds. Before diving too deep into the water, I would like to surface Rivetz background, or Rivetz Corporation, the parent company of Rivetz Intl., which is a "first mover" patent pending cyber security services leveraging the Trusted Executive Environment (TEE) that already existed in million of devices.
Background
Rivetz Corporation has invested over 3 years in executing a well thought out and novel strategy to capitalize this substantial opportunity. By providing a vault (TEE), an isolated secured area of the main processor that run parallel with the operating system, to isolate and protect keys and encrypted material from apps, malware, users, and hackers, Rivetz seeks to ensure a truly safe experience for accessing all digital services, thus maximizing the quality and value of the provider-to-subscriber relationship. Rivetz’s TEE-based products and services, leverage built-in hardware capabilities currently embedded on 2 billion devices, including smartphones, tablets, laptops, personal computers, etc...that already contain the necessary hardware to enable a Rivetz vault for securing user access, privacy and safety. In addition, the company supplements the built-in authentication everyone needs with patent pending integration of an enterprise’s legacy cybersecurity controls, along with the services to help the user manage their collection of devices as their identity.
Rivetz generated over a million dollars in recent contract awards from the Department of Defense and the Department of Homeland Security. Moreover, the company has a strategic relationship with Trustonic, giving it access over a billion devices already in the field. To further scale and commercialize the project, integrate blockchain and bring security and privacy to the next level, Rivetz tokens (RvT) is born.
Rivetz Token (RvT)
A Cybersecurity token that operates within the Rivetz ecosystem and provides proof and assurance of privacy and security at a hardware level. Rivetz use RvT tokens and blockchain to cryptographically verify that the vault (TEE) in a person phone is secure, from the beginning of manufacture to a person pocket. Other important utilities include cybersecurity micropayment and government identifications. Rivets’s project doesn't come into blockchain space too often because its simply too ambitious, gapping the dots of future technology together where trust between devices and data can be build on and cryptographically verify. Its potential is limitless!
Risk analysis:
Rivetz token is building on top of ethereum blockchain, therefore its success ties to ethereum ethereum ecosystem and platform.
in order for any company to be successful, it must creates value and have mass adoption, the potential utility that Rivetz services is almost unlimited. I believe with a strong passion, discipline, team work, and persistent, Rivetz will overcome challenges n be able to deliver.
Rivetz cybersecurity focuses on TEE, an isolated area of the main processor that run independent and parallel to operating system, would also depend on Intel, AMD, ARM(Trust Zone), Trustonic, and others companies that manufacture and provide TEE for Rivetz to utilize its software. Living in a high tech society, the chance that these company run out of business is almost to none.
RvT Token Sale: rity at a
Start time: Aug 10th 2017 17:00 UTC
End time: Sep 10th, 2017 17:00 UTC
Buy now in 10% bonus tier: 366.67 RVT / 1 ETH
Final price: 333.33 RVT / 1 ETH
Cap: 70,000,000 RVT
The total token supply fixed at
200 Million (200,000,000) RvT, of which:
70M to be available in tokensale.
60M promotional tokens used for approved marketing and incentive purposes.
30M available now,
30M locked by smart contract for up to 1 year.
70M to be reserved for future use.
10M available now,
20M locked by smart contract for 12 months,
20M locked by smart contract for 24 months,
20M locked by smart contract for 36 months.
Tokens will be sold for ETH.
This article is intended for information only, not financial/investment advice! Always conduct your own research prior to investing and only invest as much as you willing to lose.
https://rivetzintl.com/rvt-white-paper-1.02.pdf
https://rivetzintl.com/
https://bitcointalk.org/index.php?action=profile;u=1027688