WISeKey Joins Forces with Polygon, a
Full-Stack Ethereum Scaling Solution to Offer Trusted NFT Solutions
to the Masses
GENEVA / New York – August
31, 2021: WISeKey
International Holding Ltd. (“WISeKey”) (SIX: WIHN, NASDAQ: WKEY),
leading global cybersecurity, AI, Blockchain, and IoT company,
today announced it has joined forces with Polygon, to offer Trusted
NFTs solution to masses with the launch of WISe.ART NFT platform in
September 2021. Polygon is a platform for Ethereum scaling and
infrastructure development, as well as for networking
Ethereum-compatible blockchains. The Ethereum ecosystem has
been eagerly awaiting the upcoming Ethereum 2.0 upgrade to
potentially improve the network’s scalability
issues.
Polygon has become the blockchain of choice for
NFTs, NFT marketplaces, and blockchain games. Its ultra-low
transaction fees and sustainable Proof-of-Stake (PoS) consensus
mechanism makes Polygon a more practical option for activities such
as minting and trading NFTs. Polygon Studios, the Gaming and NFT
arm of Polygon already works with most today's top blockchain-based
Web 3.0 games and NFT projects, including Decentraland, Opensea,
Sandbox, Somnium Space, Decentral Games, and has 6x more gaming and
NFT Dapps than any other chains outside of Ethereum main chain at
around 300+ gaming and NFT Dapps.
Carlos Moreira, Founder and CEO of WISeKey
noted, “We are thrilled to cooperate with Polygon to commercially
launch our Trusted NFTs solution. WISe.Art is a fully-fledged
marketplace with its own digital currency, has the ability to
include curators and multipliers, white-labeling options, and
special NFT designs. The NFT design of the WISe.Art platform
ensures that besides an authenticated and signed version of the
actual digital asset, it creates an irreversible link to the
physical object, provides proof of ownership, provenance, and a set
of contracts describing future use and monetization streams. The
NFT platform is secured by WISeKey’s various security technologies
enabling the authentication of physical objects as well as digital
assets, in a safe end-to-end process.”
Sandeep Nailwal, Co-Founder of Polygon said, “We
are delighted that WISeKey has selected Polygon for the commercial
launch of their Trusted NFTs solution. Their high-value NFTs,
designed to test the appetite of the art and collectible community
requires someone like Polygon, whose ultra-low transaction fees and
sustainable Proof-of-Stake (PoS) consensus mechanism are essential
in meeting the demands of WISeKey's high-volume marketplace.”
The commercial launch of the WISe.Art platform
follows a series of market test auctions (started April 2021) of
high-value NFTs, designed to test the appetite of the art and
collectible community and fulfill the needs of this exclusive and
high-volume marketplace. These market tests included the two
world premiere NFT auctions of the digital twins of a physical
watch.
The WISe.Art platform allows trading of NFTs
into WISeKey’s own TrustECoin cryptocurrency, enabling market
participants to stay anonymous – if they so choose – while ensuring
the necessary KYC processes to avoid unwanted activity on the
marketplace. WISeID is a trusted identity service that enables
access to the web and mobile applications with strong
authentication techniques. WISeID supports online KYC onboarding,
OTP and digital certificate login, and an innovative “hands-free”
secure login based on QR-Codes which users can read using the
WISeID suite of mobile applications without even having to type any
passwords.
Additional security services include digital
signature services for documents. WISeID implements standards such
as OpenID Connect and OAUTH2, that can be easily integrated by
customers to enhance the security of their cloud applications.
WISeID can also be combined with Microsoft Active Directory,
facilitating integration with corporate applications.
-ends-
About Polygon StudiosPolygon Studios is the
Gaming and NFT arm of Polygon focused on growing the global
Blockchain Gaming and NFT Industry and bridging the gap between Web
2 and Web 3 gaming through investment, marketing, and developer
support. The Polygon Studios ecosystem comprises highly loved games
and NFT Dapps like OpenSea, Upshot, Aavegotchi, Zed Run, Skyweaver
by Horizon Games, Decentraland, Megacryptopolis, Neon District,
Cometh, and Decentral Games.If you’re a game developer, builder, or
NFT creator looking to join the Polygon Studios ecosystem, get
started here.Website | Twitter | Reddit | Telegram
About PolygonPolygon
is the first well-structured, easy-to-use platform for
Ethereum scaling and infrastructure development. Its core
component is Polygon SDK, a modular, flexible framework that
supports building and connecting Secured Chains
like Optimistic Rollups, zkRollups, Validium, etc, and Standalone
Chains like Polygon POS, designed for flexibility and independence.
Polygon’s scaling solutions have seen widespread adoption with 500+
Dapps, ~567M+ txns, and ~6M+ daily txns.If you're an Ethereum
Developer, you're already a Polygon developer! Leverage Polygon’s
fast and secure txns for your Dapp, get started
here.Website |
Twitter | Ecosystem
Twitter | Studios
Twitter | Reddit
| Discord |
Telegram |
Instagram
About WISeKeyWISeKey (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 today’s Internet of Everything. WISeKey
IoT has an install base of over 1.5 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 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/WISeKey’s 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
www.wisekey.com.
Press and investor contacts:WISeKey
International Holding LtdCompany Contact: Carlos MoreiraChairman
& CEOTel: +41 22 594 3000info@wisekey.com
WISeKey Investor Relations (US)Contact: Lena CatiThe Equity
Group Inc.Tel: +1 212 836-9611lcati@equityny.com
Polygon PRContact: Pedro ParkCryptoland PRTel: +44 781 484
5376pedro@cryptolandpr.com
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
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