WISeKey Strengthens its Technology Portfolio Across Cybersecurity, IoT, NFT and the Metaverse by Constantly Learning and Adapting to Provide Customers with a Highly Trusted, Secure, and Intelligent Platform for Their Digital Transformation
Geneva, Switzerland August 4, 2022: WISeKey International Holding Ltd. (WISeKey) (NASDAQ: WKEY; SIX: WIHN), a leading global cybersecurity, IoT, and AI company, today announced its latest Cybersecurity IoT developments reinforcing the position of WISeKey as a major player on these strategic technologies.
The pace of change being experienced since the start of COVID-19 pandemic in almost every industry is unprecedented; this has led to the acceleration of digital transformations. Private, public entities and governments across the globe seeking to seize on the huge opportunities ahead, are also facing huge challenges presented by the merge of the IoT, AI, Cybersecurity, Trust, Identity Management and the Metaverse, thus they need a new platform model that transforms their operations, protects their data and customers while at the same time reduces complexity, accelerates service deployment, and increases security.
To satisfy clients needs WISeKey has embarked on a major digital transformation adding new verticals and activities that can be summarized as follows:
1.WISe.ART platform: WISe.ARTs unique competitive edge comes from its platform which is secured by WISeKeys various security technologies enabling the authentication of digital identity based NFTs, physical objects as well as digital assets, in a safe end-to-end process. The WISe.ART platform offers users full control of their WISeID NFT, while other NFTs must request access to identity information and WISeID NFTs users then can decide by themselves what level of information they wish to share. New artists joining the WISe.ART NFT Marketplace that increasingly see a future for the tokens that upends the economics of content creation and influence on the internet. Almost 100 artists have already joined the WISe.ART NFT Marketplace with approximately 500 products, adding a commercial NFT sales potential aggregate of $20 million worth of NFTs.
2.WISeSat solutions: WISeSat is the first cost-effective and secure IoT connectivity solution anywhere on Earth using picosatellites and low-power sensors. It aims to answer the needs of any large IoT deployment in agrotech, energy, logistics and more. WISeSat collects and sends data from terrestrial sensors, increasing knowledge of the status of assets and offering essential information to improve processes and optimize production. These interactions between sensors, gateways, ground stations and satellites require Trust. WISeSat, by using VaultIC, a complete cryptographic toolbox that makes straightforward the integration of digital security in any satellite device, offers this Trust. It ensures all Certificate-based Authentication (PKI), Authorization, Encryption, and Integrity requirements. The goal is to offer this service in a SaaS model allowing both remote and redundant IoT communications for companies seeking to securely connect their assets via satellite communication, covering large and unserved geographic areas such as maritime, deserts, mountains, etc., at affordable prices. WISeKey in cooperation with FOSSA Systems has launched in June 2022 , 7 new WISeSat FOSSA secured satellites creating one of the largest European IoT constellations in history. FOSSA has increased to 13 the WISeSat-ready constellation in orbit, becoming the Spanish satellite operator with the largest constellation.
3.Patents: The filing of patent application for a System and Method for Providing Persistent Authenticatable NFT with the US Patent and Trademark Office (USPTO), under the number US 17/514,296 ensures the provenance, authenticity, persistence, and long-term value of NFTs that are minted on Blockchains using this method. During the minting process, this method allows to ensure that the NFT is not corrupted, incomplete, or ambiguous. In general, there is a high confidence in the ability of a Blockchain to preserve and store the public key and digital signature information of the NFT along with any subsequent transaction data over long and very long periods of time. However, a Blockchain cannot preserve information that the NFT does not itself include. Such as disclosed in the patent application, it is the information in a persistent off-chain storage that establishes the value and that needs to be authenticated and secured.
4.NanoSealRT: The development of a new semiconductor theNanoSealRT, an NFC Forum Type 5 semiconductor chip that works with both Android and IOS 12 (and above) devices (the essential patent granted in March 2021 by the E.U. and the Chinese Patent Offices), further reinforced WISeKeys position as a major Smart Label system provider in traceability, anti-counterfeiting and consumer engagement applications.
5.Post-quantum NFC/ID card solutions: WISeKey and Synergy Quantum are currently developing post-quantum NFC/ID card solutions for second factor identification and post-quantum encryption chips and software platform for PQE tunnelling solutions.
Of note, in October 2021, Synergy Quantum SA signed a joint venture agreement with the I-Hub Quantum Technology Foundation, under the National Mission for Interdisciplinary Cyber Physical Systems, Ministry of Science and Technology, Government of India to provide its knowhow and skills for the productization and commercialization of co-developed technologies in the field of quantum sciences.
On December 15, 2021, Indias Union Cabinet approved the Semicon India Program (Program for Development of Semiconductors and Display Manufacturing Ecosystem in India), with an outlay of INR 760 billion (>US$10 billion) for the development of a sustainable semiconductor manufacturing ecosystem in India. According to the India Electronics and Semiconductor Association, semiconductor consumption in India was worth US$21 billion in 2019, growing at the rate of 15.1 percent.
6.Universal Communications Identifier (UCID): WISeKey has also made strong progress on using WISeID as a Universal Communications Identifier (UCID), a unique identifier for an IoT device on a network; the blockchain, a distributed ledger shared with the nodes of a computer network guarantees security and Non-Fungible Tokens (NFTs), cryptographic assets on a blockchain cannot be replicated. The combined practical application of these technologies implementing UCID on the device, using NFTs, and putting them on the blockchain ensures that the device itself is authenticated on a network that cannot be corrupted.
7.NCCoE project: WISeKeysstrategy to further expand its U.S. operations will also benefit from the recentannouncement it has been selected as a collaborator by NIST for the NCCoE Trusted IoT Device Network-Layer Onboarding and Lifecycle Management Consortium project. Additional information on this consortium can be found at: http://www.nccoe.nist.gov/projects/trusted-iot-device-network-layer-onboarding-and-lifecycle-management. For this project, WISeKey is working with NIST to define recommended practices for performing trusted network-layer onboarding, which will aid in the implementation and use of trusted onboarding solutions for IoT devices at scale. The WISeKey contributions to the project will be Trust Services for credentials and secure semiconductors to keep the credentials secure. Specifically, WISeKey will offer INeS Certificate Management Service (CMS) for issuing credentials and VaultIC secure semiconductors to provide tamperproof key storage and cryptographic acceleration.
8.The Code to The Metaverse: This year The Code to The Metaverse, was officially introduced at Davos in May in a broader partnership with NBC, who will be producing a 12-part multi-media series to include broadcast, event and social media programming. Grounded in a human-centric foundation, The transHuman Code provides an ethical platform for developers, enablers and users of new technologies to prioritize keeping people at the center of gravity in the relationship between woman/man and machine. With its roots in the development of secure identity management, WISeKey has stood at the forefront of providing greater security for data authentication since 1999. In the future, The transHuman Code platform, secured by WISeKey, could seamlessly ensure that technological innovations protect humans in the all environments. Our co-existence with artificial intelligence will challenge all conventions of ethical norms as we have known them, as we continue to digitize our work environment, our social interaction, and our physical activities. Recent developments have forced governments around the world to take steps to quickly understand how Metaverse, this new frontier of innovation, is challenging the traditional conception of Sovereignty. With data being stored virtually on the Metaverse anywhere in the world and government employees and citizens using information technology systems that are hosted and operated from anywhere (even outside of their jurisdiction), the expected sovereign rights over that date on the Metaverse needs to be reconsidered. Many information technology companies are telling governments that that their versions of the Metaverse will be enough to ensure sovereignty over their data and citizens. Others are stating that new legislation is needed to protect citizens. All in all, the solutions they propose are partial and unsatisfactory.
9.Cybersecurity Tech Accord membership: WISeKey is a member of the Cybersecurity Tech Accord ( https://cybertechaccord.org/ ) is a public commitment among more than 150 global technology companies to protect, empower and improve security, stability and resilience of cyberspace. Since its inception, Cybersecurity Tech Accord signatories have supported initiatives on improving email and routing security, implemented Domain-based Message Authentication, Reporting and Conformance (DMARC) in their own operations, participated in global requests for comments on the UNs new High Level Panel on Digital Cooperation, and endorsed the Paris Call for Trust and Security in Cyberspace. Additionally, the coalition has coordinated with like-minded organizations such as the Global Cyber Alliance, Internet Society, and Global Forum on Cyber Expertise.
10.Clinton Global Initiate: WISeKey will be joining the Clinton Global Initiate in September 2022 to address Digital Identification issues as part of the United Nations SDG. WISeKey, in cooperation with the International Organization for Secure Transactions Foundation ( OISTE.org ), will be providing a Digital Identification Infrastructure-NETeID-designed to support a network of 20,000 Identification Authorities worldwide with the objective to issue a billion digital identities. Each of these 20,000 Identification Authorities operating from 189 countries will be authorized to issue Digital Identities locally. https://www.clintonfoundation.org/commitment/clinton-global-initiative/increasing-digital-connectivity-to-the-poor/?fbclid=IwAR2peIYHOEcL0ZvlG2ASGi0ElZ6PCaYymVid7gfsNPowqWGjeuzdc4l_fNg
About WISeKey
WISeKey (NASDAQ: WKEY; SIX Swiss Exchange: WIHN) is a leading global cybersecurity company currently deploying large-scale digital identity ecosystems for people and objects using Blockchain, AI, and IoT respecting the Human as the Fulcrum of the Internet. WISeKey microprocessors secure the pervasive computing shaping todays Internet of Everything. WISeKey IoT has an installed base of over 1.6 billion microchips in virtually all IoT sectors (connected cars, smart cities, drones, agricultural sensors, anti-counterfeiting, smart lighting, servers, computers, mobile phones, crypto tokens, etc.). WISeKey is uniquely positioned to be at the leading edge of IoT as our semiconductors produce a huge amount of Big Data that, when analyzed with Artificial Intelligence (AI), can help industrial applications predict the failure of their equipment before it happens.
Our technology is Trusted by the OISTE/WISeKeys Swiss-based cryptographic Root of Trust (RoT) provides secure authentication and identification, in both physical and virtual environments, for the Internet of Things, Blockchain, and Artificial Intelligence. The WISeKey RoT serves as a common trust anchor to ensure the integrity of online transactions among objects and between objects and people. For more information, visit http://www.wisekey.com.
Press and investor contacts
Disclaimer:
This communication expressly or implicitly contains certain forward-looking statements concerning WISeKey International Holding Ltd and its business. Such statements involve certain known and unknown risks, uncertainties and other factors, which could cause the actual results, financial condition, performance or achievements of WISeKey International Holding Ltd to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. WISeKey International Holding Ltd is providing this communication as of this date and does not undertake to update any forward-looking statements contained herein as a result of new information, future events or otherwise.
This press release does not constitute an offer to sell, or a solicitation of an offer to buy, any securities, and it does not constitute an offering prospectus within the meaning of article 652a or article 1156 of the Swiss Code of Obligations or a listing prospectus within the meaning of the listing rules of the SIX Swiss Exchange. Investors must rely on their own evaluation of WISeKey and its securities, including the merits and risks involved. Nothing contained herein is or shall be relied on as, a promise or representation as to the future performance of WISeKey.
We are making critical coverage of the coronavirus available for free. Please consider subscribing so we can continue to bring you the latest news and information on this developing story.
Follow this link:
WISeKey Strengthens its Technology Portfolio Across Cybersecurity, IoT, NFT and the Metaverse ... - Ottumwacourier
- Trans human rights activist named on BBC's 100 Women list - PinkNews - November 26th, 2023 [November 26th, 2023]
- Life by 2100: Space settlements, education, and the future of warfare - Interesting Engineering - October 3rd, 2023 [October 3rd, 2023]
- Over 60000 Lives Lost To Farmers-Herders Clashes - Speaker Abass - - TVCNews - August 30th, 2023 [August 30th, 2023]
- AI and the potential challenges to human dignity - The Tablet - July 17th, 2023 [July 17th, 2023]
- The World Is Toxic. Welcome to the Metabolic Era - WIRED - July 17th, 2023 [July 17th, 2023]
- 12 Movies That Accidentally Predicted the Future (And It's Terrifying) - Startefacts - June 28th, 2023 [June 28th, 2023]
- ChatGPT on Mars: How AI can help scientists study the Red Planet - Space.com - May 18th, 2023 [May 18th, 2023]
- How far-right groups like the Oath Keepers are exploiting climate ... - Grist - May 18th, 2023 [May 18th, 2023]
- Encourage the marginalised to partake in district level elections ... - BusinessGhana - May 18th, 2023 [May 18th, 2023]
- Everything We Know About The Alien TV Series, FX's Small Screen ... - /Film - May 18th, 2023 [May 18th, 2023]
- The First Wave of Applied Transhumanism - Discovery Institute - May 2nd, 2023 [May 2nd, 2023]
- Heres Another Transhumanist Dream Come True - Discovery Institute - May 2nd, 2023 [May 2nd, 2023]
- Google Co-founder Wants to Build AI as a Digital God - Answers In Genesis - May 2nd, 2023 [May 2nd, 2023]
- Hereford candidate warns of 'trans-human revolution' abetted by ... - Hereford Times - May 2nd, 2023 [May 2nd, 2023]
- An Opportunity to Support Aging Research with Gitcoin - Lifespan.io News - May 2nd, 2023 [May 2nd, 2023]
- Silicon Valley Is Bad But ByteDance Is Much Worse - The Federalist - May 2nd, 2023 [May 2nd, 2023]
- What is the relationship between wokeism, Marxism, and liberalism? - Catholic World Report - May 2nd, 2023 [May 2nd, 2023]
- Transhuman - Wikipedia - January 23rd, 2023 [January 23rd, 2023]
- The Transhuman Revolution: What it is and How to Prepare for its Arrival - January 23rd, 2023 [January 23rd, 2023]
- Transgender, transhuman: technological advances offer increased choices ... - January 23rd, 2023 [January 23rd, 2023]
- Transhuman - TV Tropes - January 23rd, 2023 [January 23rd, 2023]
- Transhuman code | A new initiative that highlights the growing ... - January 19th, 2023 [January 19th, 2023]
- Transhumanism: What It Is, and Why It Is So Fundamentally Wrong - January 19th, 2023 [January 19th, 2023]
- Your Fault: A Climate Crisis Weather Nightmare Before Christmas - January 2nd, 2023 [January 2nd, 2023]
- Martine Rothblatt - Wikipedia - November 25th, 2022 [November 25th, 2022]
- Red Pill University | Beyond the Matrix - November 25th, 2022 [November 25th, 2022]
- China Runs Police Outpost In New York City - technocracy.news - November 23rd, 2022 [November 23rd, 2022]
- Trilateral Commission: The secret circle that controls governments - November 23rd, 2022 [November 23rd, 2022]
- Steve Jackson Games Forums - Powered by vBulletin - November 23rd, 2022 [November 23rd, 2022]
- Elon Musk: Here Comes 'Optimus' - technocracy.news - October 28th, 2022 [October 28th, 2022]
- Biden Builds Transhuman Cyborg Army using Immigrants! - October 28th, 2022 [October 28th, 2022]
- What Is Transhumanism? - Human Life International - October 23rd, 2022 [October 23rd, 2022]
- Ageing is a technical problem that can be reversed, Dubai Future Forum told - The National - October 15th, 2022 [October 15th, 2022]
- Ai-Da the robot and the myth of AI - Spiked - October 15th, 2022 [October 15th, 2022]
- Dwayne Johnson's Black Adam to release a day early in Indian theatres - Ottplay - October 15th, 2022 [October 15th, 2022]
- Madison writer Meghan O'Gieblyn explores the connection between technology and religion - Isthmus - August 10th, 2022 [August 10th, 2022]
- What Happened to Royce White? Mother Jones - Mother Jones - August 10th, 2022 [August 10th, 2022]
- The "resurrection" of the dead pigs, the promise of progress and the source of questions - - News84Media.com - August 10th, 2022 [August 10th, 2022]
- Letter: Criticism of school district plan misleading | Letters To The Editor | newburyportnews.com - The Daily News of Newburyport - July 27th, 2022 [July 27th, 2022]
- 12 Best Sci-Fi Games On PS4 And PS5 - Tech News Today - July 27th, 2022 [July 27th, 2022]
- Mutants are Coming to the MCU, But Where Does Krakoa Fit In? - Gizmodo - July 27th, 2022 [July 27th, 2022]
- Transhumanism to humankind's rescue? A new book claims we face a 'make or break' century, so let the technological remake begin - Genetic Literacy... - July 27th, 2022 [July 27th, 2022]
- All Posts - Latest News - McAllisterTV - July 9th, 2022 [July 9th, 2022]
- Chile Bans Discrimination Against Mutants and Genetically Altered ... - July 9th, 2022 [July 9th, 2022]
- Biden Proves Soaring Gas Prices Are Intentional To Transition To ... - July 9th, 2022 [July 9th, 2022]
- The Most Powerful Characters In The Boys Ranked - /Film - July 9th, 2022 [July 9th, 2022]
- Star Trek: Strange New Worlds Just Showcased One Of Its Most Effective Metaphors Yet - /Film - June 20th, 2022 [June 20th, 2022]
- Fear-extinction and the end of self-loathing in the metaverse - TNW - June 20th, 2022 [June 20th, 2022]
- FDA Making COVID Vax Decision Based on a Study of 10 - Verve Times - June 20th, 2022 [June 20th, 2022]
- 2022-05-16 | NDAQ:WKEY | Press Release | WISeKey International Holding AG - Stockhouse - May 21st, 2022 [May 21st, 2022]
- Russian Colonel threatens Elon Musk, says you will be accountable - Euro Weekly News - May 11th, 2022 [May 11th, 2022]
- Venice Biennale 2022: Man's relationship with the planet gets surreal - Euronews - April 25th, 2022 [April 25th, 2022]
- Venice Biennale 2022: the worst art on show in the city - Art Newspaper - April 25th, 2022 [April 25th, 2022]
- Who is Kwan Ha in the Halo show? Here's the character's story - Win.gg - April 11th, 2022 [April 11th, 2022]
- Top 20 Companies That Rule The Web - technocracy.news - March 29th, 2022 [March 29th, 2022]
- The Brian Jonestown Massacre reveal new album is on the way | Gigwise - Gigwise - March 27th, 2022 [March 27th, 2022]
- WEF Global Risks Report 2022 Imagines ... - technocracy.news - February 17th, 2022 [February 17th, 2022]
- Major LGBTQ+ organisations spark international review of the EHRC - Stonewall - February 17th, 2022 [February 17th, 2022]
- Government to set up Military Base in the Afram Plains - GhanaWeb - February 17th, 2022 [February 17th, 2022]
- The platform for a transhuman future: LABORATORY ... - February 7th, 2022 [February 7th, 2022]
- X22Reports: The Storm is Upon Us, Green ... - Before It's News - February 3rd, 2022 [February 3rd, 2022]
- When hateful words arrive at the door - TheRecord.com - February 3rd, 2022 [February 3rd, 2022]
- Alert over killings of human rights defenders and journalists in the Americas in first month of 2022 - Amnesty International - February 3rd, 2022 [February 3rd, 2022]
- The best of Manfred Thierry Mugler's theatrical, otherworldly fashion - i-D - January 28th, 2022 [January 28th, 2022]
- CEO of Pfizer arrested, charged with fraud media ... - January 19th, 2022 [January 19th, 2022]
- Noah Hawley outlines the big themes of his Alien TV show - Winter Is Coming - January 7th, 2022 [January 7th, 2022]
- Matrix Online may have perished in 2009, but it still exists as a ghost - BollyInside - December 19th, 2021 [December 19th, 2021]
- Will artificial intelligence achieve godlike power? Wallace B. Henry asks, Who Will Rule the Coming 'Gods'? - Denison Forum - December 19th, 2021 [December 19th, 2021]
- Vatican Hosts Conference Touching on Transhumanism - December 10th, 2021 [December 10th, 2021]
- WISekeys Founder and CEO Carlos Moreira was Interviewed by - November 28th, 2021 [November 28th, 2021]
- Doctor Issues Dire Warning to the ... - Technocracy News - November 28th, 2021 [November 28th, 2021]
- Vinegar Syndrome Celebrates Black Friday With Secret Title Reveals and 50% Off Most Releases! - Bloody Disgusting - November 27th, 2021 [November 27th, 2021]
- The Horror Movies Coming to Netflix in December Include 'Tremors' and the 'Final Destination' Films - Bloody Disgusting - November 27th, 2021 [November 27th, 2021]
- ECB survey shows euro zone inflation just below goal in 2022 - Yahoo Finance UK - October 30th, 2021 [October 30th, 2021]
- Succession Returns, with no real people involved - WION - October 21st, 2021 [October 21st, 2021]
- Proof That The Vaxxed Are No Longer Human - Luciferian ... - October 3rd, 2021 [October 3rd, 2021]
- RUBY 9100M x adidas Originals Ozrah Release Info | HYPEBEAST - October 3rd, 2021 [October 3rd, 2021]
- Ming-Na Wen & SNLs Keith Ian Raywood Reflect On 9/11 At Creative Arts Emmys: Twenty Years Ago Completely Changed Our Lives - Deadline - September 12th, 2021 [September 12th, 2021]
- Jeff Bezos is reportedly funding Altos Labs, a new anti-ageing venture aiming to cheat death - Screen Shot - September 10th, 2021 [September 10th, 2021]
- 13 Most Extreme Body Modifications - CBS News - July 27th, 2021 [July 27th, 2021]