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Rivetz preps new blockchain mobile security

Rivetz, a company that specializes in decentralized cybersecurity, will demonstrate its latest blockchain-based mobile security product at Mobile World Congress Americas this week in San Francisco, according to a press release.

The product, called Dual Roots of Trust, leverages protections from both the trusted execution environment and mobile carrier SIMs. The project is the result of a collaboration between Rivetz and Telefonica, which was announced earlier this year.

Rivetz said the product is intended to implement robust protection for private keys and the creation of secure messages for IoT, blockchain and cloud services. Dual Roots of Trust assures protection of the private keys even if one of the systems is compromised, according to the release. The Rivetz-enabled apps generate and cryptographically distribute the private key between the two roots — the TEE and the SIM.

"One of the most critical issues we face today is finding a balance between security and usability," said Steven Sprague, CEO of Rivetz, in the release. "In partnership with Telefónica, we are proud to provide a seamless, built-in solution for decentralized mobile security."

Rivetz and representatives from Telefónica’s cybersecurity unit, Eleven Paths, will be on hand to answer questions about and demonstrate the Dual Roots of Trust technology at Mobile World Congress Americas, booth W.119.