WISeKey Upgrades its Semiconductors to Include NFTs Technology With its New NanoSealRT NFC Secure Element Creating Trust Among IoT Devices
October 06 2021 - 12:00PM
WISeKey
Upgrades its
Semiconductors to Include
NFTs Technology
With its New
NanoSealRT NFC
Secure Element Creating
Trust Among IoT
Devices
Geneva, Switzerland –
October 6 2021: WISeKey International Holding
(“WISeKey”, SIX: WIHN, NASDAQ: WKEY), a leading
cybersecurity, AI and IoT company, today announced that
it is releasing its new NanoSealRT Near Field Communication (NFC)
secure element to allow any object to authenticate itself and
create its own NFT by combining in tiny tags original innovative
features such as Android & iOS 12 compatible authentication
algorithms, tamper/opening detection and efficient radio
communication with its TrustedNFT.IO Platform.
A WISeID Digital Identity is injected on the
NanoSeal Semiconductor installed on the physical object that it is
combined with smart contracts, while physical contracts are
included on the NFTs to describe the usage rights of the NFT buyer,
including monetization of their assets. WISeID is a trusted
identity service that enables 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 WISeID suite of mobile applications without even
having to type any passwords.
WISeKey offers already a service to authenticate
and validate drones NFTs to allow the exchange of information or
value with each other. This tokenization capability is a way to
answer the regulatory FAA’s Remote ID requirement which became
effective on March 1, 2021, requires every drone sold in the U.S.
that weighs more than 0.55 pounds to be equipped with secured and
trusted capabilities to broadcasts its location and identification
to local authorities. The WISeKey NFT platform is Blockchain
neutral and allows Blockchain configurations to benefit greatly by
the use of secure private keys instead of public keys currently
used. Private keys secure data and transactions which can be
only conducted between authenticated parties – thus making it a
very viable option for any sort of IoT transaction imaginable. IoT
equipped with WISeKey’s Secure Element consists of a tamper
resistant silicon chip, based on a state-of-the-art secure
microcontroller chip which can be easily integrated to the device
by its manufacturers.
The semiconductors NFT powered secure element provide brands
with the ability of:
- issuing a storage
device comprising of a digital certificate of authenticity
- checking, when
required, the validity of the digital certificate of authenticity
via its NFT
These semiconductors, when placed on any object,
securely issue NFTs to authenticate and track the object much like
an embedded ePassport and confirm the identity of the object on the
Blockchain ledger. This digital identity, used throughout the
object lifetime, allows these objects to become a “Trusted Object”
of the Internet, prove their identity and provide verifiable
data.
WISeKey is collaborating
with Ocean
Protocol (Ocean) on its
TrustedNFT.io, a decentralized
marketplace for physical IoT objects. The trusted NFT marketplace
will include NFTs to represent the physical work, combined with
fungible tokens for more fluid price discovery and for staking on
physical works.
By deploying Ocean’s data marketplace technology
to the domain of physical art, WISeKey’s NFT marketplace combines
the strengths of both parties. WISeKey has developed specialized
chips to link physical items with NFTs, and world-class Blockchain
identity technology. Ocean has developed powerful decentralized
marketplace technology, with a track record in the domain of data
assets.
WISeKey has also partnered with
Scaleswap for the IDO launch of the WISe.Art
TrusteCoin expected to start in November 2021. The next generation
scalable IDO Launchpad of Scaleswap provides an improved experience
for users thanks to its use of Ethereum Layer 2 scaling solution.
The project will benefit from unparalleled community building and a
unique loyalty scoring system.
Scaleswap, the Layer 2 Launchpad, known for its
fair principles and smart ScaleSCORE loyalty system endorsed by
Polygon. WISeKey has selected Polygon for the commercial
launch of its Trusted NFTs solution. WISe.Art will be
Scaleswap’s flagship IDO launch, will be setting the tone going
forward, and will provide an anchor for future project launches on
the platform. The selection is also an infrastructure decision that
reflects a commitment to longevity, compatibility, ownership, and
value at every level of the ecosystem.
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 1.6 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 edge of IoT as our semiconductors produce a huge
amount of Big Data that, when analyzed with Artificial Intelligence
(AI), can help industrial applications to 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
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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