Rivetz with a huge potential?

Rivetz with a huge potential?

After talking with the people at Rivetz I believe this will be a great token and investing opportunity once they join an exchange. This cybersecurity token deals with the most commonly used gadget on the world, mobile phones. Rivetz developed a security platform that takes the control for all user data out of the hands of the manufactures and OS makers. Rivetz is aiming to put you in control of what kind of information should come in or out of your phone.

So how does it work?

Almost every mobile phone uses a chipset from the ARM family which includes a "Trusted Execution Environment", TEE. This TEE is a locked space that is meant to execute secure applications and store private keys. The TEE is not accessible by any application on the phone, nor even the phone’s Operating System (OS). Rivetz partnered with a company called Trustonic who is the global leader of installing code into the TEE of phones. By installing their blockchain software into the locked TEE of mobile phones, Rivetz's security platform and therefore the user gain full control about all kind of actions on your phone. The software can control access, information flow, authentication, virus attacks and much more that the apps or OS can no longer bypass or do without your permission.

For example, when you install an app from the App Store or Google Play store, do you ever notice the warnings about what kind of access the app is looking for? Almost any app you download are accessing your private photos, contacts, emails and passwords behind the scenes. There are so many transfer data behind the scenes which you have no control over.

With Rivetz, you now can block all unauthorized transfers from third party apps and be assured your private information isn’t going to the wrong hands. Rivertz helps you to stop that and get full control about your privacy. This goes for Android OS as well since Google loves reading your emails, looking at your pictures, and downloading your location at all times.

As the ICO from Rivetz just passed by, I see a huge increase in the valuation of the company and the token as soon as they reveal their current plan and already working security platform. Unlike many of the other ICOs coming to market with only an idea, Rivetz already has their security platform and blockchain in beta and it is being tested by many users. Talking with the people at Rivetz, they leaked that they already have a multi‐million dollar contract with the US government. This is a huge plus!

Disadvantages

At the moment Rivetz is only compatible with Android devices. Apple don't allow Rivetz to
install their security platform on their iPhone devices. Since iPhone 6 they have locked down the private place TEE so that only Apple may install applications to it. It's unsure if this policy will stay.