Luxembourg, 7th July 2020: Cybersecurity firm Kaspersky has confirmed the security of Tokeny Solutions’ smart contract protocol, the Token for Regulated EXchanges (T-REX).
The first version of the T-REX whitepaper was published in 2018 to enforce the compliant transfer of securities using blockchain technology. Today, the standard has been used by over 35 customers and tokenized more than $27bn across a range of asset classes; from real estate to equity and from funds to commodities. The T-REX, a protocol implemented by a set of smart contracts, enables a ‘compliance-first’ approach through the whitelisting of digital identities and not the wallets of the investors.
Kaspersky was founded in 1997 and has a comprehensive security portfolio that includes leading endpoint protection and a number of specialized security solutions and services to fight sophisticated and evolving digital threats. Over 400 million users are protected by Kaspersky technologies and they have helped 250,000 corporate clients. In this day and age, it is essential that people are secure online at all costs, especially businesses who deal with sensitive and crucial information, from computer security to Mobile Threat Defense, there needs to be a solid layer of protection between businesses and security threats no matter which device is being used.