How Rivetz Uses Your Smartphone to Secure Your Mobile Bitcoin Wallet
A security technology startup is aiming to grab a share of the growing mobile payments market through a blend of hardware-isolated security and bitcoin. Rivetz develops software that, when released later this year, intends to leverage secure hardware environments embedded in Android-enabled smartphones to manage private keys for mobile bitcoin wallets. The company has partnered with several companies including mobile security firm Trustonic, identity computing solutions provider Intercede and BitPay. The app will be available to users in the second quarter of this year, and according to....
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A new secure mobile payment solution for Android will be showcased at the Mobile World Congress, March 2 - 5 in Barcelona, Spain. The new payment app developed by Rivetz and other partners - an Android alternative to Apple Pay with Bitcoin support - will be available in the second quarter of 2015 and is compatible with over 350 million existing Android devices, including Samsung smartphones. Demonstrations on a Samsung Galaxy 4 smartphone will be held daily at the Samsung partner booth (Hall 8.1), Trustonic booth (Hall 7, Stand 7G81), and at the Intercede booth (Hall 7, Stand 7B81). "We....
One thing people tend to forget is how we secure Bitcoin wallets on our mobile devices. Many cryptocurrency users store funds on their smartphone or other mobile devices. Wth a vast plethora of Bitcoin wallets to choose from, that seems to be the most logical and secure solution. But John McAfee feels otherwise, as he feels smartphone usage will leave Bitcoin in “chaos.” In his opinion, developers need to pay far more attention to security. The statement made by John McAfee will upset quite a few people, even though there is some truth to his words. Security is a critical part of any....
From the theft of $230,000 from ShapeShift to the DAO hack, large amounts of cryptocurrency can be stolen through security breaches if the owner does not take the necessary safety precautions. Of particular vulnerability are mobile devices, which can be subject to a host of attacks through apps that are spyware in disguise. CoinTelegraph interviewed Gary Miliefsky, CEO of cyber-security firm SnoopWall, about the security risks facing mobile device Bitcoin wallet users. CoinTelegraph: Bitcoin smartphone wallets: how secure are they? Gary Miliefsky: Smartphone wallets are completely....
A common concern of prospective bitcoin users is the fear that hackers will get a hold of their devices and take all of their money. The possibility is very daunting. Many developers and companies, however, have rallied around providing powerful cybersecurity in the Bitcoin space. Rivetz, a provider of security services that protects private keys and encryption for any Bitcoin Wallet or distributed app, is aiming to quell these concerns — all while enabling proper protection of the users PIN and password.
"There's a new and secure Bitcoin wallet in town..." So boasts Aegis Wallet's website. The Aegis Bitcoin Wallet is a new product from Aegis Wallet that enables you store private keys on an external device using NFC and Bluetooth. According to the website, it is currently the only bitcoin wallet that offers those capabilities. NFC is a set of technology standards that enable mobile devices to establish radio communication with each other when in proximity. RecentlyApple released its first NFC enabled device, the iPhone 6, signaling that NFC may yet emerge as an important technology for....