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.