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Crypto Reporter

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PR: Rivetz and DataBroker DAO partner to deliver secure exchange of IoT sensor data

August 1, 2018 By Crypto Reporter PR

Rivetz, an industry leader in embedded, blockchain-based mobile security solutions, and Databroker DAO Alliance, the first decentralized marketplace for IoT sensor data, today announced a partnership to enable world-class embedded security for sensor data.

Alliance members of DataBroker DAO can rest assured that their sensor data is secure and private with Rivetz technology. Rivetz’s access to the existing hardware security capabilities built into millions of devices and its blockchain technology ensure the safety of digital assets and transactions are secure.

“Rivetz provides the cybersecurity for the users and devices of the IoT ecosystem,” said Matthew Van Niekerk, co-founder and CEO of DataBroker DAO. “We are happy to know they are on DataBroker DAO, and that they will be part of the synergy within our Alliance members by adding trust within the marketplace.”

DataBroker DAO is the first marketplace to buy and sell sensor data. As a decentralized marketplace for IoT sensor data using blockchain technology, the company enables sensor owners to turn generated data into a revenue stream. Using their ERC20 token, DTX, the platform allows sensor owners sell their the data they collect while enabling entrepreneurs and organizations to buy and aggregate data or resell the enriched data.

“As a cybersecurity organization we are excited to be part of the DataBroker DAO Alliance,” said Steven Sprague, founder and CEO of Rivetz. “We look forward to ensuring trust in for Alliance members by assuring a known device in known conditions is consuming or creating provable data. Working together with the Alliance members Rivetz strives to ensure the security of the entire ecosystem.”

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.

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