Tokenization has a tremendous role to play in the future integrity of our connected world, and we look forward to continuing to contribute to unlock the markets potential."
Cambridge, MA (PRWEB) August 25, 2015
Cortex MCP, developer of a next-generation technology platform for mobile wallets, today announced that it was been granted a patent (US Patent No. 9,129,284) for its groundbreaking RCD™ Tokenization solution.
The RCD™ Tokenization platform is a new fragmented, multifactor authentication-centric token platform that address they key challenges and structural issues that exist in the Mobile Payments and ID/Authentication marketplace. By enabling the inherently and structurally secure tokenization, provisioning, storage, presentment, and authentication of data, the RCD™ provides the strong foundational base for a multiple areas of the Cortex MCP platform and related client solutions.
"We are pleased to have received this patent from the USPTO, as further validation of the platform and solutions we are delivering for our clients," commented Shaunt M. Sarkissian, Present and CEO and Cortex MCP. "Our RCD™ Tokenization solution provides strong value in the mobile commerce ecosystem, as well as addressing key ID and authentication issues in the accelerating IoT world of connected devices. Tokenization has a tremendous role to play in the future integrity of our connected world, and we look forward to continuing to contribute to unlock the markets potential."
Cortex MCP has developed a mobile payment, loyalty and wallet platform that unlocks the potential of the rapidly evolving mobile commerce market. Founded by a team of experienced mobile commerce leaders, Cortex MCP is breaking new ground with a platform that addresses the obstacles that have hampered the adoption of existing digital wallet technologies. Cortex MCP’s IP-protected platform can be adopted and accelerated by all – across any device with inherent consumer security and control – making digital wallets a reality for more consumers without disrupting the merchant's existing POS infrastructure. For more information, please visit http://www.cortexmcp.com.