LAS VEGAS, Jan. 8, 2018 /PRNewswire/ -- COINAGENDA SUMMIT -- Rivetz Corp. ("Rivetz"), a leading provider of decentralized mobile security solutions, today announced it will provide advanced data security for Lucyd's Augmented Reality smartglasses. Lucyd will incorporate Rivetz's software security into AR applications for its platform, enabling enhanced services, including transactions and messaging.
The Rivetz trusted application (TA) provides a secure environment to create and process encrypted messages in an isolated execution environment. Through this collaboration, Rivetz and Lucyd will seek to provide a secure channel from the Rivetz TA directly to Lucyd smartglasses, ensuring data sent to the devices cannot be altered nor observed in transmission. The resulting secure channel will allow developers to support trusted display for a variety of services, from cryptocurrency wallets to secure messaging, providing a trustworthy mechanism to confirm messages, archive backup keys, and verify sensitive data without allowing it to be copied.
"Augmented reality provides a new experience for the consumer to have personal data displayed and confirmed," Rivetz CEO Steven Sprague said. "We are pleased to be working with the world-class team at Lucyd to provide a safer and simpler user experience for sensitive data management and secure transactions."
"This partnership with Rivetz is an opportunity to provide a valuable layer of hardware-based security to Lucyd smartglasses," Lucyd CEO Clifford M. Gross said. "We envision Lucyd app developers will be able to incorporate Rivetz's security platform into their content, to give a safer user experience. Working together, we will seek to integrate their high-caliber security product into our AR ecosystem."
About Rivetz
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 interacHere with services on the Internet. For more information, visit www.rivetz.com.
About Lucyd
Lucyd is developing ergonomic smartglasses and a suite of apps to power them. The Lucyd blockchain platform will make it simpler to create, share and experience the AR content. It's time to look up from your phone and see the world. To learn more please visit https://lucyd.co.
SOURCE Rivetz Corp.