WISeKey’s
WISe.ART NFTs Marketplace
Joins the
Buzz at the
International Art Week – Art Basel Miami
Geneva – December 6, 2021 - WISeKey
International Holding Ltd., Ltd (“WISeKey,” SIX: WIHN / Nasdaq:
WKEY), a leading global Semi-conductor, AI and IoT company, today
announced that its WISe.ART Marketplace was among the NFT exhibits
at the International Art Week in Miami, an event organized with the
purpose of educating the community about the world of digital
art.
NFTs, or non-fungible tokens, are pieces of digital content
built and managed on a blockchain — a digital system used by
Bitcoin and other cryptocurrencies to keep track of transactions
and ownership.
The new NFTs included on the WISe.ART Marketplace showcased
during the International Art Week – Art Basel Miami, will be
gradually auctioned, and include historical art, documents/letters
from the 15th century, watches, sports cards and many other
luxury items. The owners of these items to be auctioned will be
benefiting from WISeKey’s NFT WISe.Art platform which in addition
to offering an authenticated and signed version of the actual
digital asset, it also creates an irreversible link to the physical
object, provides proof of ownership, provenance, and a set of
contracts describing future use and monetization streams.
Since the launch of its WISe.ART NFT marketplace platform,
WISeKey has successfully completed the following activities:
1. Reinforced its IP and NFT patent
ecosystem powered by the extensive list of patents owned.
WISeKey has also announced the filing of a new patent application
that 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.
2. The WISe.ART NFT platform
is fully operational and 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. Other current models do not provide NFT buyers with
blockchain-based tokens that truly represent the asset they’re
buying on the platforms, as what they are getting is access to
links on other company websites to verify their tokens. If these
companies disappear or a hacker breaks into these websites, any NFT
value could suddenly disappear, and the collector will not be able
to get it back.
3. WISe.ART marketplace that
is also available as a while-labeling
option allowing brands to include a part of the
WISe.Art platform into their own ecosystems and websites to
securely auction, trade and display high-value collectible NFTs, a
brand building alternative of the digital world.
4. The WISe.ART platform conducted a
world first auction in April with a series of
market tests starting in March of this year of high value
NFTs. Following the needs of buyers and sellers of
high-value goods, the WISe.Art platform evolves the original
collection of WISe.Art and is a fully fledged marketplace with its
own digital currency, the ability to include curators and
multipliers, while-labeling options and a special NFT design. It is
important to note that WISekey only provided the NFT auction
platform and not as an auction house so it cannot guarantee that
NFTs reaches the reserve price.
5. 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. 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. The
WISeKey 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 cybersecurity.
6. The WISe.Art platform allows trading
of NFTs 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.
7. Targeting
the launch of TrusteCoin in the first quarter
of 2021. TrusteCoin provides a
way for collectors, owners and experts in the art and luxury goods
community to add income streams to their already existing
collections and also allows crypto-investors to participate on a
solid and well-known market. The objective for TrusteCoin is to
become one of the biggest names in the DeFi space, by providing a
platform that offers anyone the ability to make a profit by
creating trusted NFTs on the WISe.ART Platform.
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.
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