WISe.ART AG, Subsidiary of WISeKey,
Secures Investment from The Hashgraph Association for Pioneering
Authenticated Digital Assets and Cryptocurrencies
Advancing the Frontiers of Blockchain and
Tokenization with WISeArt and SEALCOIN
GENEVA – January 2, 2024 - WISeKey International
Holding Ltd. (“WISeKey”) (SIX: WIHN, NASDAQ: WKEY), a global leader
in cybersecurity, digital identity, and Internet of Things (IoT)
solutions operating as a holding company, through its subsidiary
WISe.ART, a leader in the field of digital art and luxury
collectibles, is proud to announce the closing of a strategic
investment round with The Hashgraph Association (THA), a
Swiss-based non-profit association that is accelerating broad
adoption of the Hedera network globally.
This milestone investment is set to propel the
expansion and utilization of the Hedera network and further the
development of the innovative WISe.Art and SEALCOIN
cryptocurrencies. Hedera, an innovative, sustainable public ledger
for the decentralized economy, offers ultra-low transaction fees,
blazing-fast network speeds, high scalability, and real-time
settlement to empower the next-generation of digital finance. .
SEALCOIN, is a digital token and an advanced
cryptocurrency protocol, offered by SEALSQ Corp ("SEALSQ" or
"Company") (NASDAQ: LAES), a subsidiary of WISeKey, which focuses
on developing and selling Semiconductors, PKI and Post-Quantum
technology hardware and software products. SEALCOIN is designed to
establish a robust economy specifically for billions of
internet-driven devices, enabling them to exchange not just data
but also currency seamlessly.
Transforming the Digital Landscape with
WISe.ART and SEALCOINCarlos Moreira, Founder and CEO of
WISeKey, noted, “This investment from THA will accelerate the
development of the WISe.ART platform V3.0 and enhance the Trusted
NFT solution. WISe.ART, a comprehensive digital marketplace for the
arts and technology sectors, offers unique capabilities including
curator and multiplier options, white-labeling, and exclusive NFT
designs. The platform is designed to establish authenticated,
signed digital assets, ensuring provenance, assurance, and secure
ownership.”
Hedera: The Blockchain/DLT Backbone of
WISe.ART's Innovative SolutionsKamal Youssefi, President
of The Hashgraph Association, added, “The collaboration with
WISe.ART further expands Hedera’s distributed ledger technology
(DLT) to the mainstream. We are excited to collaborate with
WISe.ART, and leverage WISeKey's commitment to authenticating
physical objects by providing the much needed assurance in securing
digital assets through advanced security technologies.”
The tokenization of WISe.ART's equity-shares
through the legal and regulatory compliant issuance of digital
shares under the Swiss regulatory framework (Swiss DLT Act) and
using the Hedera Token Service (HTS), enables the future of
investment and enhances the efficiency, liquidity, and security of
share trading, with the subsequent listing of WISe.ART's tokenized
equity-shares on a regulated digital securities exchange.
A pivotal aspect of this funding is the
integration of the Hedera enterprise-grade network into SEALSQ IoT
devices with secure, decentralized currency transactions. Hedera is
a decentralized, open-source, proof-of-stake DLT that utilizes
Asynchronous Byzantine Fault Tolerance (ABFT) – the highest degree
of security for a consensus algorithm, with the Hedera network
governed by some of the world’s leading organizations, Web3
companies, and academic institutions.
About SEALCOINIn a
groundbreaking development, SEALSQ is taking a significant step
forward in the world of digital finance (DeFi) and IoT with its
advanced cryptocurrency protocol, SEALCOIN. This innovative
protocol is designed to establish a robust economy specifically for
billions of internet-driven devices, enabling them to exchange not
just data but also currency seamlessly.
SEALCOIN is more than just a digital token.
SEALCOIN represents the dawn of a new Machine-to-Machine (M2M)
decentralized and tokenized economy. Here, IoT structures from
various companies can interact and leverage services and products
from one another autonomously, without human intervention. This
capability extends beyond mere currency transactions, as it fosters
a complex network of services and payments within the IoT web.
Currently, individuals can buy and sell
SEALCOIN, similar to other cryptocurrencies. However, SEALSQ
emphasizes that the true essence of SEALCOIN lies in its potential
to revolutionize how IoT devices operate and communicate
economically.
About The Hashgraph
Association:The Hashgraph Association is at the forefront
of the digital enablement and the empowerment of organisations
through the broad adoption of Hedera-powered enterprise-grade
solutions and decentralized applications. As a non-profit
organization headquartered in Switzerland, The Hashgraph
Association provides funding for training, innovation, and venture
building programs globally that enable the economic inclusion and a
digital future for all, thus contributing to a positive
environmental, social, and governance (ESG) impact. For information
about The Hashgraph Association, visit
www.hashgraph-association.com.
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.
About WISe.ART:WISe.ART
platform leverages WISeKey’s strong cybersecurity expertise,
digital identity technology, and the power of blockchain to offer a
unique marketplace for NFTs, connecting artists, buyers, and
collectors, while ensuring the provenance and authenticity of
digital artworks.
About WISeKey: WISeKey
International Holding Ltd (“WISeKey”, SIX: WIHN; Nasdaq: WKEY) is a
global leader in cybersecurity, digital identity, and IoT solutions
platform. It operates as a Swiss-based holding company through
several operational subsidiaries, each dedicated to specific
aspects of its technology portfolio. The subsidiaries include (i)
SEALSQ Corp (Nasdaq: LAES), which focuses on semiconductors, PKI,
and post-quantum technology products, (ii) WISeKey SA which
specializes in RoT and PKI solutions for secure authentication and
identification in IoT, Blockchain, and AI, (iii) WISeSat AG which
focuses on space technology for secure satellite communication,
specifically for IoT applications, and (iv) WISe.ART Corp which
focuses on trusted blockchain NFTs and operates the WISe.ART
marketplace for secure NFT transactions.
Each subsidiary contributes to WISeKey’s mission
of securing the internet while focusing on their respective areas
of research and expertise. Their technologies seamlessly integrate
into the comprehensive WISeKey platform. WISeKey secures digital
identity ecosystems for individuals and objects using Blockchain,
AI, and IoT technologies. With over 1.6 billion microchips deployed
across various IoT sectors, WISeKey plays a vital role in securing
the Internet of Everything. The company’s semiconductors generate
valuable Big Data that, when analyzed with AI, enable predictive
equipment failure prevention. Trusted by the OISTE/WISeKey
cryptographic Root of Trust, WISeKey provides secure authentication
and identification for IoT, Blockchain, and AI applications. The
WISeKey Root of Trust ensures the integrity of online transactions
between objects and people. For more information on WISeKey’s
strategic direction and its subsidiary companies, please visit
www.wisekey.com.
Press and investor contacts:
WISeKey International Holding LtdCarlos
MoreiraChairman & CEOTel: +41 22 594
3000info@wisekey.com |
WISeKey Investor Relations (US)The Equity Group
Inc.Lena Cati+1 212 836-9611 / lcati@equityny.comKatie MurphyThe
Equity Group Inc.+1 212 836-9612 / kmurphy@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
the Swiss Financial Services Act (“FinSA”), the FInSa’s predecessor
legislation or advertising within the meaning of the FinSA.
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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