Kaspersky gives ok to Tokeny Smart Contract Protocol

Kaspersky gives ok to Tokeny Smart Contract Protocol

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.

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 Solutions explained, " 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."
Luc FalempinCEO of Tokeny Solutions
 
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