Rivetz Partners with BitPay To Launch Bitcoin-based Apple Pay Competitor for Android

At this year's Mobile World Congress, to be held in Barcelona during March 2-5, a new Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term-based competitor to Apple Pay will be demoed.

Apple Pay securely stores and encrypts credit card data, keeping it private from the retailer. Transactions are authenticated with a dynamic security code for each transaction.

Rivetz, a company providing hardware-based device security, is leveraging its technology to secure a bitcoin wallet's private keys during transactions on Android devices. It is partnering with BitPay, which offers bitcoin wallets and merchant processing, as well Coinapult, which lets you lock the value of your bitcoins to other assets.

Several other technologies are being combined for the solution:

- Intercede, a company specializing in identity and credential management. Its MyTAM cloud service will securely load private bitcoin data into the transaction environment.

- Trustonic, which facilitates the TEE transaction environment for Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term on the physical device. Trustonic technology is reportedly embedded in over 400 million mobile devices, mostly of the Android variety.

The solution is planned for launch in the second quarter. BitPay CEO Tony Gallippi said, "Rivetz is delivering state-of-the-art support that will help Bitcoin be a standard, secure capability on every handset. We look forward to enabling the Rivetz capability as an option for millions of Bitcoin users."

The launch comes as reports recently emerged of Square working with Google to test out yet another Apple Pay competitor, Plaso.

The demos will be held on each day of the conference at the following booths: Samsung partner booth Hall 8.1, Trustonic booth Hall 7, Stand 7G81 and at the Intercede booth Hall 7 Stand 7B81.