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By Rich Handley

Rivetz, Trustonic Enhance Security for Blockchain-based Apps

Trustonic has announced the integration of its Trusted Execution Environment (TEE) APIs into Rivetz's software development kit for securing blockchain-based applications. The use of Trustonic's APIs means developers using the Rivetz platform will automatically have access to the decentralized cyber-security protections and controls required when developing blockchain, IoT and cloud applications for such high-risk markets as financial services, legal and health care.

"Our partnership with Trustonic makes it even easier to integrate support for the added protections that the TEE provides into blockchain-based applications and services," said Steven Sprague, Rivetz's CEO and founder, in a prepared statement. "By combining the hardware-backed identity and authentication supplied by the TEE with immutable attestation provided by blockchain technology, the developers of blockchain-based apps and services can prove the data recorded on the blockchain was from a known device in a known condition. This enables a new model for decentralized cybersecurity."

The integration of Trustonic's technology into the Rivetz platform means private keys and instructions in applications can be executed in an area protected from the device's normal operating system, the company reports. This is necessary since rich operating systems have software and hardware vulnerabilities that can be exploited by hackers, as well as malware designed to take control of applications or to steal sensitive data.

The Rivetz Authenticator uses the Trustonic TEE to provide such security capabilities as storing and creating two-factor codes in a device's hardware, providing greater levels of security than software protection alone, according to the company. Along with an encrypted backup and restore feature, this provides users with a safer alternative to SMS and other software-only two-factor authentication methods.

"Foundational, end-to-end security built in at the hardware level is crucial to protect both consumers and enterprises," said Ben Cade, Trustonic's CEO, in a prepared statement. "Blockchain will enable transformational use cases that unlock tremendous market potential and value, so robust security and trust is essential. We look forward to continuing to enable and support Rivetz as they deliver a new level of truly secure blockchain apps to the market."

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