Tokenization provides the true foundation of security and control to ensure the integrity of our connected world.
Cambridge, MA (PRWEB) November 11, 2016
Cortex MCP, developer of a next-generation technology platform for mobile wallets, today announced that it was been granted a new additional patent by the United Stated Patent and Trademark Office (US Patent No. #9,501,722) for its groundbreaking RCD™ Multi-factor Tokenization solution. This patent adds to the strong company IP portfolio, in further enhancing is leadership position in marketplace innovation.
The RCD™ Tokenization platform is a multifactor authentication-centric token platform that address they key challenges and structural issues that exist in the Mobile Payments and ID/Authentication marketplace.
"We are pleased to have received this new patent from the USPTO, as further validation of the solutions we are delivering for our clients," commented Shaunt M. Sarkissian, Present and CEO and Cortex MCP. "Addressing the inherent challenges faced in new IoT world of connected devices, ensuring secure device-to-device authentication is paramount. And tokenization applied in these markets can very effectively address these challenges, and provide the missing transactional identity component needed in the marketplace. From securely starting a car from a wearable device, access control of an office door, to the authentication of home appliances, tokenization provides the true foundation of security and control to ensure the integrity of our connected world. We look forward to continuing to contribute to the advancement of our marketplace."
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.