SEALSQ's Advanced Postquantum Semiconductors to Play a Pivotal Role in the Launch of SEALCOIN and Establish a New Industry Standard in Securing Cryptocurrency Transactions
January 22 2024 - 10:00AM
Currently in its pre-registration stage and slated for availability
on various exchanges by the end of Q2 2024, SEALCOIN.AI represents
a significant leap in cryptocurrency technology. This protocol is
specifically engineered for robustness against quantum computing
attacks at the microchip level, ensuring an unprecedented level of
transaction security.
SEALSQ Corp ("SEALSQ" or " (NASDAQ: LAES), a pioneering force in
the field of semiconductor technology, PKI, and Post-Quantum
technology hardware and software, is thrilled to announce the
forthcoming deployment of SEALCOIN, a groundbreaking development in
the realm of cryptocurrencies. SEALCOIN is currently in its
pre-registration stage while it is expected to be available on
various exchanges by the end of Q2 2024. Interested parties can
pre-register at https://www.sealcoins.com/.
Cryptocurrencies, currently safeguarded by public key
cryptography, face a significant security challenge with the advent
of quantum computing. Traditional cryptographic methods, though
robust against current computational capabilities, are susceptible
to quantum attacks, which could lead to compromised transactions
and weakened trust in digital currencies.The Innovation:
Post-Quantum Semiconductor TechnologyAt the heart of this
innovative venture is SEALSQ's post-quantum semiconductor
technology, a marvel of quantum mechanics principles applied to
digital security. This cutting-edge technology, integrated directly
into the hardware, is designed to fortify cryptocurrency
transactions against the emergent threat of quantum computing. In
doing so, it addresses and mitigates vulnerabilities inherent in
current blockchain systems, thereby reinforcing the digital
financial ecosystem against quantum breaches.
Blockchain 2.0 and Manufacturing IntegrationThe
integration of Blockchain 2.0 in semiconductor manufacturing
heralds a new age of traceability and authentication. While not yet
widespread, this technology holds immense potential for tracking
and verifying semiconductors, adding a layer of trust and
transparency to the process.
NFC Microchip and Cryptochip Cards: Bridging Physical
and Digital SecuritySEALSQ introduces an NFC Microchip, a
novel product that merges the blockchain world with tangible
security solutions. Attached to physical products, this chip can be
scanned to authenticate items, presenting a formidable barrier
against counterfeiting. Additionally, SEALSQ offers cards embedded
with cryptochips, serving various applications including the secure
management of blockchain keys. More information on this can be
found at SEALSQ's NFC and NFT Integration here.
SEALCOIN: Pioneering the IoT and M2M
EconomySEALCOIN is not just a cryptocurrency; it's a
paradigm shift in the Internet of Things (IoT) and
Machine-to-Machine (M2M) economy. Designed for the billions of
internet-connected devices, it enables autonomous, seamless
exchanges of data and currency, redefining M2M payments and IoT
communications. This protocol extends beyond individual trading,
offering a transformative approach to economic interactions and
communications within IoT networks.
SEALCOIN's Role in DeFi and IoTSEALCOIN
positions itself at the forefront of the digital finance (DeFi) and
IoT sectors. It aims to establish a resilient economy tailored for
internet-driven devices, facilitating not just data exchange but
also secure, efficient currency transactions.
A Secure Future with Distributed Ledger
TechnologyThe application of distributed ledgers in IoT
devices creates a foundation of trust essential for successful IoT
networks. This technology enables secure interactions among
devices, such as an autonomous security robot verifying drones'
security clearances, and is integral to upcoming smart-home
standards that use blockchain for device trust.
In Conclusion: A Quantum-Resistant
FutureSEALSQ's pioneering technology and the launch of
SEALCOIN mark a significant stride in securing digital transactions
against quantum threats. This development is not only a testament
to SEALSQ's commitment to innovation but also a beacon of security
in the quantum computing era.
About SEALSQ:SEALSQ focuses on selling
integrated solutions based on Semiconductors, PKI and Provisioning
services, while developing Post-Quantum technology hardware and
software products. Our solutions can be used in a variety of
applications, from Multi-Factor Authentication tokens, Smart
Energy, Smart Home Appliances, and IT Network Infrastructure, to
Automotive, Industrial Automation and Control Systems.Post-Quantum
Cryptography (PQC) refers to cryptographic methods that are secure
against an attack by a quantum computer. As quantum computers
become more powerful, they may be able to break many of the
cryptographic methods that are currently used to protect sensitive
information, such as RSA and Elliptic Curve Cryptography (ECC). PQC
aims to develop new cryptographic methods that are secure against
quantum attacks.For more information please visit
www.sealsq.com.
Forward-Looking StatementsThis communication
expressly or implicitly contains certain forward-looking statements
concerning SEALSQ Corp and its businesses. Forward-looking
statements include statements regarding our business strategy,
financial performance, results of operations, market data, events
or developments that we expect or anticipates will occur in the
future, as well as any other statements which are not historical
facts. Although we believe that the expectations reflected in such
forward-looking statements are reasonable, no assurance can be
given that such expectations will prove to have been correct. These
statements involve known and unknown risks and are based upon a
number of assumptions and estimates which are inherently subject to
significant uncertainties and contingencies, many of which are
beyond our control. Actual results may differ materially from those
expressed or implied by such forward-looking statements. Important
factors that, in our view, could cause actual results to differ
materially from those discussed in the forward-looking statements
include SEALSQ's ability to implement its growth strategies;
SEALSQ’s ability to generate revenue from emerging new
semiconductors; SEALSQ’s ability to generate revenue from Matter
certification and the new cyber trust mark standards; the
successful introduction of the WISeSat picosatellite constellation;
SEALSQ's ability to continue beneficial transactions with material
parties, including a limited number of significant customers;
market demand and semiconductor industry conditions; and the risks
discussed in SEALSQ's filings with the SEC. Risks and uncertainties
are further described in reports filed by SEALSQ with the
SEC.SEALSQ Corp 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.
SEALSQ Corp.Carlos
MoreiraChairman & CEOTel: +41 22 594 3000info@sealsq.com |
SEALSQ Investor Relations (US)The
Equity Group Inc.Lena CatiTel: +1 212 836-9611
/ lcati@equityny.comKatie MurphyTel: +212 836-9612
/ kmurphy@equityny.com |
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