Cryptography Experts of Penta Security Release PALLET Z, a Digital Asset Management Solution for Enterprises

SEOUL, South Korea, Nov. 1, 2019 /PRNewswire/ -- Penta Security Systems Inc. has officially launched PALLET Z, the world's first rugged book cold wallet for enterprises, following PALLET X, whichA launchedA in March. PALLET Z is a digital asset management solution that utilizes a hardware security module based on PALLET framework, a crypto algorithm blockchain protocol developed by Penta Security.A Along with PALLET Card and PALLET Bridge, Penta Security managed to demonstrate its 22-year experience in cybersecurity and cryptography by releasing the safest enterprise-level digital asset management environment. Built upon a common technical foundation, PALLET framework, PALLET Z is designed to protect against the biggest asset management threats, critical for maximizing systematic efficiency in managing digital assets.PALLET Z is best optimized for institutions that are not only in need of the Two-Factor Authentication function for rigorous asset management but also Segregation of Duties (SoD) function that prevents any independent asset abuse and a smooth payment system for transaction transmissions. It allows users to block all external access by separating from all network environments except PALLET Z Card, including blocking access of all untrusted devices and preventing against independent wallet restoration through Secret Sharing function. Together, the features and keys are operated in a trusted execution environment (TEE) that enables 6 multi-functions including multi-signature and multi-party computation.A PALLET Z was first introduced at Fintech & Blockchain 2019 Japan this month in Tokyo. At the event, Penta Security seized the opportunity to showcase PALLET products and explained usage through demonstration.A 
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