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Kaspersky Give Two Thumbs Up to Tokeny’s ‘T-REX’ Security

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Kaspersky Give Two Thumbs Up to Tokeny's 'T-REX' Security

Two Thumbs Up

Popular digital asset solution provider, Tokeny, has recently had cybersecurity experts, at Kaspersky, assess the validity of their security claims surrounding T-REX.  The result? Two thumbs up.

This assessment is an important endorsement for Tokeny.  Anyone can claim to have the most secure framework around – proving it is a different story.  By turning to a respected third-party, such as Kaspersky, Tokeny provides validity to their claims, and clout to their offering in T-REX.

Commentary

Upon announcing the results generated by Kaspersky, representatives from each company took the time to comment.

Svetlana Shubina, Business Development Manager at Kaspersky, stated,

“Our team of experts review the code line-by-line documenting any issues as they are discovered.  The source code is well crafted and follows security practices compliant with the architecture described in the whitepaper.  Thereby we confirm smart-contract business-description and the architecture corresponds to the functionality in the code.”

Luc Falempin, CEO of Tokeny, stated,

“We are working with financial instruments and with partners that require the highest level of security.  In this respect we know how important it is to have a third party analyse and assess the implementation of our token standard.  We’re very pleased to say it received the highest rating possible.”

First Look

When released in 2018, TREX – which stands for Token for Regulated EXchange- was the first framework of its kind.

In the time since its launch, Tokeny indicates that it has seen its clients grow to over 35.  These clients have contributed towards greater than $27B worth of assets undergoing tokenization with the help of Tokeny.

Tokeny Releases TREX – The First Public Framework for STOs

Snowball of Success

Success at Tokeny appears to be snowballing.  Only weeks ago, we were reporting on the adoption of their services by the nation of Monaco.  This adoption comes at a key time, as Monaco is actively looking to ramp up their efforts surrounding support for security tokens and STOs.

Monaco Chooses Tokeny as Sole Provider for Tokenization Services

Tokeny

Founded in 2017, Tokeny maintains operations in Luxembourg.  Tokeny has grown significantly since launch, now offering a comprehensive suite of services, tailored towards tokenization.

CEO, Luc Falempin, currently oversees company operations.

Kaspersky

Founded in 1997, Kaspersky is headquartered in Moscow, Russia.  Since it’s launch, Kaspersky has become one of the world’s most popular cybersecurity firms.

CEO, Eugene Kaspersky, currently oversees company operations.

In Other News

For those interested in Tokeny, a great way to learn about the company is to go back and see where they came from, and what their original goals were.  To this end, make sure to peruse our past interview with Tokeny CEO, Luc Falempin.  In this discussion, Luc touches on, both, what Tokeny hopes to achieve, and how they will achieve it.

Interview Series – Luc Falempin, CEO of Tokeny Solutions

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Joshua Stoner is a multi-faceted working professional. He has a great interest in the revolutionary 'blockchain' technology. In addition to this, he is a licenced Paramedic in Nova Scotia, Canada. As such, he can provide emergency care/medicine to any situation necessitating it.

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