TokenSoft stands as a platform where users can issue out digital securities through the use of blockchain technology. As it stands now, the company is set to tap into Israel’s cybersecurity industry, as they have signed a new partnership with Hub Security, an ex-military cybersecurity firm.

Integrating DTAC with miniHSM

As of today, TokenSoft’s transfer agent, DTAC, will have its clients capable of leveraging the miniHSM solution from Hub Security. This solution provides issuers of tokens with a cryptographic environment. This environment will last the entirety of the digital asset’s lifecycle. miniHSM delivers an array of solutions, particularly for companies that are under constant threat of hackers and organized crime. It’s capable of enforcing an end-to-end encrypted USB and wireless connectivity, making its endpoint usage accessible to the company using its service.

Furthermore, miniHSM provides the customers of TokenSoft with a management solution that implements the HSM device and independent OS for distribution, management, and encryption of keys.

The Mandatory Public Statements

Eyal Moshe, the CEO of Hub Security, gave the mandatory public statement in regards to this announcement. He explained the end-to-end approach of his company in regards to both the development and delivery of both its software and hardware components. Moshe explained that this strategy enables the highest level of security throughout the entire life cycle of the product. Moshe further chimed into the coronavirus crisis, stating that it prevents individuals from going to their work and operate the on-premise security systems, the same systems typically controlling a large number of assets.

Throughout the past few years, the world has been struck with high-profile cyber-attacks. These include breaches at some of the top crypto exchanges out there, Binance being a clear example. As a result, cybersecurity has been a prime focus in most companies’ corporate agenda.

Built To Be The Best

With its miniHSM solution capable of offering military-grade cybersecurity tactics, including that of FIPS140-2 level 4 protection, HUB Security is eager to provide for the new demand. The miniHSM solution was designed for products using blockchain technology as a base, with the product itself offering solutions for both software and hardware. These include things like a multi-signature vault, access control, hardware firewalls, as well as a neural network learning system. One that is capable of anticipating imminent cyber attacks

With the new partnership, TokenSoft will be capable of assuring its users of some of the best security solutions that the market can provide, something that will definitely boost their demand.