HTC and Trustonic Offer Greater Security to Mobile Bitcoin Wallets

Posted in: Archive
October 8, 2014 9:13 AM UTC

Trustonic, the leading provider of Trusted Execution Environments (TEEs) for smart devices, on Monday announced a collaboration with HTC. According to their press release, this partnership will bring new capabilities to HTC devices that are designed to simplify user authentication while offering better protection against threats posed by malicious software.

Also read: Hardbit Bitcoin Wallet – An Offline and Secure Cold Storage Unit

Security measures often bring with them extra steps for verification, which makes security inconvenient. Trustonic said the partnership would bring with it secure biometrics and a Trusted User Interface to HTC devices without compromising user experience and convenience. After the recent leak of celebrity nudes, we could all use a bit more security – don’t you think?

In a press release Drew Bamford, Corporate Vice President of Creative Labs at HTC made the statement;

“Our partnership with Trustonic is an important part of our mobile strategy, as security and convenience have become a differentiator for carriers and providers of mobile services. HTC users will be able to enjoy quick and effortless authentication to their digital lives.”

Ben Cade, the CEO of Trustonic, confirmed this saying;

“Trustonic’s partnership with HTC is underpinned by the need for a simpler, quicker and safer device experience that will enhance the digital lives of users. Security needs to be simple and effective, in any context. Trustonic makes it quick and easy for service providers and developers to add trust-enhanced services and to enrich the way people shop, work and view premium content.”

Who is Trustonic?

While many people are familiar with HTC, you may not know who Trustonic is. Trustonic provides integrating secure software with secure hardware for mobile devices. While most of the security on our devices are housed on a cloud server or company server, Trustonic integrates security measures right onto your device.

Rivetz teamed up with Trustonic in July of 2014 to create “the first, state-of-the-art embedded protection for Bitcoin wallets on mobile devices“ Rivetz and Trustonic noticed the rise of Bitcoin and adoption on mobile devices. This also came with an increase of malware, keyloggers and targeted attacks designed to steal Bitcoins. Rivetz integrates a standard API with Trustonics TEE in order to enhance the Bitcoin wallet security for mobile users.

What is Trust Execution Environments (TEEs)?

Trusted Execution Environment (TEE) is the secure area that resides in the application processor of an electronic device that is using Trustonics software. TEE ensures secure storage and processing of data and trusted application through a process that separates the hardware from the operating system. This allows users the ability to implement new security services including touchscreen interactions, displays and fingerprint sensors. Tee is designed to give users the high level of security with a minimal amount of inconvenience.

Images from Trustonic and Shutterstock.

Last modified: June 10, 2020 5:24 PM UTC

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Carter Graydon @BitcoinWriter

A UNC Chapel Hill graduate, blockchain enthusiast and analyst. I have a background in programming and IT, strong studies in econ, stats and game theory. Currently working as a Social Media Director and pursuing my MS in Online Marketing - busy!