WISeKey’s WISeID Digital Identity Technology Now Allows Minting of Digital Identities NFTs in the Metaverse
November 02 2021 - 1:00PM
WISeKey’s WISeID
Digital Identity Technology
Now
Allows
Minting of
Digital
Identities NFTs
in the Metaverse
With a truly NFT identity, users can
create, sign and verify claims,
while parties who interact with a user will be able to
verify their identity. Additionally, users
will be able to selectively disclose their
information.
GENEVA / New York
– November
2, 2021: WISeKey International Holding
Ltd. (“WISeKey”) (SIX: WIHN, NASDAQ: WKEY), leading global
cybersecurity, AI, Blockchain, and IoT company, today announced
that users of WISeID technology can now mint their Digital
Identities as NFTs on its fully-fledged marketplace
trustednft.io.
The WISeKey NFT platform is secured by WISeKey’s 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 user is in full control of its
WISeID NFT and other NFTs need to request access to its identity
information so WISeID NFTs users can decide by themselves what
level of information they wish to share, thus keeping full control.
The WISeKey approach to the Metaverse has as objective to provide
safe infrastructure identity services based on blockchain
technologies for a wide range of users, including individuals,
corporations and government institutions. As our digital lives
become increasingly digitalized, Metaverse will leverage the
advantages of the internet to establish a virtual world for its
users. Businesses and communities will depend on users’ digital
identities to manage assets.
WISeKey has joined forces with Polygon to offer Trusted NFTs
solutions. Polygon is a platform for Ethereum scaling and
infrastructure development, as well as for networking
Ethereum-compatible blockchains. 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.
The WISeKey WISeID NFTs minting process requires someone like
Polygon, whose ultra-low transaction fees and PoS consensus
mechanism are essential in meeting the demands of WISeKey's
cybersecurity.
WISeID first generation acted as 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.
The WISeID second generation Digital Identities in Metaverse
includes an identification module that its built into the protocol,
while supplementary applications will be developed. Users will have
autonomy over their identity meaning that they are in full control
of their personal identification information and hence need not to
rely on any central entity or third party for identity
verification. With a truly NFT identity, users can create, sign and
verify claims, while parties who interact with a user will be able
to prove their identity. Additionally, users will be able to
selectively disclose their information.
Users can establish a reputation on Metaverse through digital
identities, improving the way we exchange value. Value is exchanged
through digital signatures, requests for verification and
transactions; these transactions then allow a user to gradually
build a reputation which can be inspected and verified by other
digital identities and value intermediaries. You can download your
ID from WISeID.com.
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 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/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
WISeKey (NASDAQ:WKEY)
Historical Stock Chart
From Mar 2024 to Apr 2024
WISeKey (NASDAQ:WKEY)
Historical Stock Chart
From Apr 2023 to Apr 2024