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In this review, I will evaluate the project from the point of view of a potential investor, and therefore I will not try to disclose the entire technical and technological side of the project. So, as I am a practicing lawyer, I will pay attention more to the legitimacy of the project and its documentation.
Jurisdiction of the project is determined mainly by the place of registration of the company that is behind the project. Normative regulation of ICOs (primary distribution of tokens) is far from being available in every country, therefore, to minimize risks, it is better to choose those ICOs whose companies have registration in countries where the ICO is at least partially regulated by legislation, for example: Singapore, Hong Kong, Switzerland, Taiwan, Estonia, South Korea ... For the project, a legal entity - Rivetz Intl., A newly formed subsidiary of Rivetz Corp. was created. (USA).
The essence of the Project and its uniqueness.
According to the project site (https://rivetzintl.com/) Rivertz is a decentralized and hardware ecosystem of cybersecurity. If we briefly outline the essence of the Riverz project, it is a platform for ensuring the security of all kinds of electronic devices (be they mobile, for example, smartphones, or stationary, for example, desktops). Rivetz creates a certain environment (ecomosystem) in your device, which the company called the Trusted Execution Environment (TEE) and which can not be penetrated. In this environment, you should in theory store all your information, including financial information. This is a kind of hidden data partition, which, according to the creators of Riverz, it is impossible to crack or steal information from there, thanks to the protected area of the main processor.
The Riverz ecosystem ensures that the code and data loaded inside are protected from breach of confidentiality and / or integrity. Also, TEE as a stand-alone execution environment must provide the following security features: isolated execution of processes, the integrity of trusted applications and their confidentiality. And to help this, a network of global certification and identification created by Riverz that will register and verify the operability and integrity of the device using blockchain technology should be created.
Rivetz trusted application checks the status of the device before executing the task. If the current TEE state and the registered baseline conditions coincide, the task can continue. If not, the task will not be allowed.
By the way, by the Rivertz ecosystem, combining all the advantages of blocking technology and rich developments in the field of hardware security, provides a higher overall level of security than a mobile operating system and more functionality than a separate "protected element", which is the uniqueness of the project.
It is important that the hardware of the Riverz is compatible with those already manufactured by the devices and compatible with Intel and ARM processors.
The business model of the Riverz block project is built on the sale of Rivetz Token (RvT) tokens, through which access to the system's products and their exchange to the services of the system are made. In addition, together with the Rivetz system, it acts as a proof of confidentiality and security at the hardware level, it allows you to register devices. Rivetz Token (RvT) is a kind of token, which has a clear functional purpose in the system and provides access to other applications (usability token), this issue with different kinds of securities regulators should not be.
The actuality of the Project.
Nowadays, when every mobile phone, smartphone or other mobile device is connected to the Internet, it constantly generates information exchange on the network to ensure sending and receiving payments, sending and receiving email, or providing exchange of posts in chat rooms, not to mention banal web surfing . More and more programs for mobile devices are used and more and more access to your personal information they need. The key problem with such a constant exchange of information is the security of both mobile devices and information that is transmitted and sent! The events of the latest cyber attacks, viruses of Petya and WannaCry decoders or various other viruses are aimed at your personal information, which only proves the relevance of the topic of cybersecurity and the need to use data protection.
Rivetz's existing solutions and applications are aimed at protecting both information and execution processes, as well as providing a platform for security checks and device identification.
Stage of implementation and forecast for the Project.
Rivertz has been developing this product for 3 years now and has almost finished product. Rivertz spent more than a million dollars to work on the foundation of the platform. It is expected that tools for developers and opportunities for Rivetz 2 FA will be delivered in the fall, and the system will be ready by the end of the year. Rivertz has a number of patented technologies and a number of existing technology partners with which the company has laid contracts for cooperation on the platform. Rivertz also cooperates with the US government, which already speaks volumes about the company, and makes the company additional advertising.
August 10, 2017 17:00 UTC started selling Tokens sale (Rivetz) and on September 10, 2017 17:00 UTC it ends. At the time this article was written, only hours before the end of the sale of the tokens, more than 20,000,000 tokens were sold for more than 57,000 Ethereum, which is more than $ 16,000,000.
The sale of RvT tokens can already be called successful, with which we congratulate the creators of Rivertz and all of us, too, because the goal of the project is to ensure our cybersecurity with you.
The verdict - in my opinion, the project is legitimate and is doomed to success, but it is worth investing only with a long-term perspective.
website llink: https://rivetzintl.com/
Whitepaper link: https://rivetzintl.com/rvt-white-paper-1.02.pdf
Bitcointalk Profile link: https://bitcointalk.org/index.php?action=profile;u=1132029;sa=summary