PolySwarm and Rivetz to Form Decentralized Cybersecurity Consortium

MIAMI, Jan. 19, 2018 /PRNewswire/ -- NORTH AMERICAN BITCOIN CONFERENCE -- Decentralized IT security marketplace PolySwarm (www.polyswarm.io) and decentralized mobile security solutions provider Rivetz (www.rivetz.com) today announced a partnership to form the Decentralized Cybersecurity Consortium. DC2 is a professional group for IT security companies aimed at developing best practices for blockchain-based cybersecurity.

"PolySwarm is thrilled to partner with Rivetz as co-founding members of the Decentralized Cybersecurity Consortium, and we are dedicated to advancing cybersecurity solutions and best practices at the intersection of InfoSec and blockchain," said Paul Makowski, CTO and Co-Founder of PolySwarm. "We look forward to welcoming more outstanding projects to DC2, and advancing public discourse, policy, and solutions in this space."

"Cybersecurity needs to be built in by design, not added on as an afterthought. The tools and standards to assure the highest quality data on blockchain will be critical to growing the value of the entire market," Rivetz CEO and co-founder Steven Sprague said. "We are excited to partner with PolySwam to co-found the Decentralized Cybersecurity Consortium to build a more secure future." 

PolySwarm is the first decentralized marketplace for malware detection, a global community of anti-malware working together to best detect today's threats. PolySwarm re-imagines the $8.5 billion per year threat intelligence market with crowdsourced, collaborative malware detection. It incentivizes specialized knowledge and mandates interoperability, allowing enterprises and end users alike to obtain more complete threat coverage.

Rivetz supports advanced security capabilities that provide owners of account enhanced protection, assuring integrity of messaging and applications. Its RvT cybersecurity token provides verifiable security controls for blockchain transactions. The RvT token enables multifactor authentication across devices, to achieve provable security at the transaction and authentication level. The Rivetz solution leverages technology that is already built in to hundreds of millions of mobile devices to assure the keys and transactions can not be altered or stolen by malware infecting the operating system.

Anyone interested in joining the consortium should email [email protected].

ABOUT POLYSWARM

PolySwarm is the first decentralized marketplace allowing security experts to build anti-malware engines that compete to protect consumers. PolySwarm incentivizes a global community of information security experts to disrupt the $8.5 billion cyber threat intelligence industry, providing enterprises and consumers with unprecedented speed and accuracy in threat detection. The PolySwarm market runs on Nectar (NCT), an ERC20-compatible utility token. For more information, please visit https://polyswarm.io.

About Rivetz International

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 interact with services on the Internet. For more information, visit www.rivetz.com.

SOURCE Rivetz