New Partnership Enables Hardware-Level Protection of User Identities and Digital Assets for Commerce and Beyond
Rivetz, a pioneer of blockchain-powered, embedded mobile security solutions, and Peer Mountain, the leading cross-blockchain protocol for self-sovereign identity, today announced a partnership to bring advanced cybersecurity protections for user identities and digital assets, enabling simpler and safer commerce at scale.
Rivetz will enhance Peer Mountain’s decentralized identity network with hardware-based cybersecurity protections. Peer Mountain will boost Rivetz’s security offerings through its advanced user identity verification through its trust ecosystem.
“Protecting our digital assets including our identities will be a key factor in the digital age,” said Jed Grant, CEO of Peer Mountain. “Combining the strength of Peer Mountain and Rivetz will allow us to guarantee our users the highest security standards in this newly decentralized world.”
Peer Mountain is the only decentralized identity network that serves consumers who want a self-sovereign identity, service providers who need continuous, reliable compliance and trust providers who offer validation services that need trust interoperability and portability. The Peer Mountain Token (PMTN) is a utility token used to exchange value within the Peer Mountain ecosystem, where every peer in the system is an attestation engine, receiving a micropayment in PMTN every time they provide validation for another Peer Mountain entity.
“Peer Mountain offers end-users advanced decentralized identities and businesses a compliance ecosystem powered by distributed ledger technology,” said Steven Sprague, founder and CEO of Rivetz. “We are happy to introduce a modern token model that validates and enriches identity in combination with military-grade cyber security power-driven by blockchain.”
Rivetz’s best-in-class security solutions hinge upon access to the Trusted Execution Environment (TEE), which is an isolated, measured computer environment separate from the operating system. By provisioning all digital transactions through the TEE, Rivetz assures that users’ private keys cannot be altered or stolen if the operating system were tampered with or infected by malware.