Telefónica Partners with Rivetz to Develop Blockchain‐Based Security Solution for Mobile


Rivetz and Telefónica are joining forces to develop a new decentralized model that will allow improving security and data control in messaging and cryptocurrency wallets applications. The companies will also seek to simplify and automate the backup and recovery of existing user identity information, which will allow millions of endpoints to access existing mobile hardware security.

The new cybersecurity solution will be based on a Trusted Execution Environment (TEE) built into smartphones and supplemented with enhanced encryption SIMs deployed by Telefónica. This will ensure dual encryption and provide multiple layers of strong hardware‐based security for mobile users.

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