Factom, http://www.factom.org/, and Rivetz, http://www.rivetz.com/, have announced a cybersecurity alliance that will truly leverage each other’s security strengths. Factom selected Rivetz to integrate world cybersecurity for the Factom applications, and Rivetz has selected Factom to assure the global integrity of attribute data for Rivetz-protected applications.

This collaboration will leverage Rivetz’s Trusted Execution model for the secure protection and processing of data and collection of user intent with Factom’s data layer on the blockchain to provide organizations in the financial, manufacturing, distribution, and wholesale industries with the efficient means of verifying processes and registering data.

Factom uses blockchain technology to innovate how organizations can manage and record their data. Businesses can now reliably look to Factom and Rivetz for highly secure, decentralized record-keeping using their API (application program interface), without having to ensure their information is being stored in a compliant and private manner.

All the data managed by Factom is hashed, resulting in an indistinguishable string of alphanumerical characters, rendering information such as names, addresses, transactions, and finances impermeable. Only the person who sent the information into the Factom layer is aware of what data it contains.

Rivetz provides the local environment which assures that the information being protected was what the user intended, and enhances the quality of the hash signatures by incorporating cybersecurity controls for the local keys and identity information.

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