Tether announces partnership with Rivetz for added wallet security

Announcements | May 1, 2015 By:

On Tuesday, April 28, Tether announced its integration with Rivetz to provide users with a secure mobile payment system.

“We’re excited to partner with Tether to put real money on a phone. Together, the companies combine state-of-the-art mobile payment systems with the advantages of cryptocurrency, tying them to units of value consumers are most familiar with,” said Steven Sprauge, Rivetz’ founder and CEO.

This partnership allows Rivetz to use Tether’s digital cash, and provides Tether with Rivetz’ core functionality of a state-of-the-art mobile payment system that meets or exceeds all current security standards.

Tether is a blockchain-enabled platform that allow traditional currency to be used like bitcoin. Rivetz is a hardware-based application that leverages the trusted execution environment (TEE) to secure transactions and communication between mobile devices.