Ammbr Network to Use Rivetz DLT-Based Security Solutionsbr>
Decentralized security provider Rivetz has teamed with Singapore-based mesh network firm Ammbr to promote advanced multifactor authentication. In addition, the Rivetz Trust framework will be used to develop Ammbr’s platform for identity authentication.
Rivetz is a provider of mobile, decentralized security solutions for business customers worldwide. The company offers a number of applications and a developer tool kit to enable a broad range of services, from enhanced multi-factor authentication capability with integrated cybersecurity controls to full integration with modern FinTech and blockchain solutions.
Rivetz recently conducted an initial coin offering for its RVT token. RVT is part of a system to provide verifiable security controls for cloud authentication, Internet of Things (IoT), blockchain, and legacy financial transactions. The token enables authentication across devices at the transaction and authentication level. The solution uses technology already built into millions of mobile devices and uses safeguards against malware to prevent alterations or theft of keys and transactions.
Ammbr, a multi-frequency mesh network which is being deployed globally, utilizes an innovative mesh router that supports Wi Fi, LTE-U, and a variety of others such as Sigfox and LoRa are all supported from the one router, allowing Ammbr to scale elegantly. Ammbr is also underpinned by its own blockchain, with each router also acting as a blockchain node. The Ammbr Blockchain native cryptocurrency is AMMBR, which allows each Ammbr router owner to participate in a decentralized marketplace for broadband connectivity. Users can load the Ammbr app on their smart phones or PCs, and pay for fast Internet connectivity using Ammbr.
Under the partnership, both parties will explore the use of a decentralized exchange to enable payments for Ammbr services with RvT tokens to support a strong authentication model for the Ammbr network. The Rivetz Trusted App will also be used to strengthen Ammbr client applications against token theft.