SEALSQ-Enabled Digital Crypto Wallet Features Designed to Safeguard Against Potential Quantum Computing Threats
August 27 2024 - 7:14AM
SEALSQ Corp (NASDAQ: LAES) ("SEALSQ" or "Company"),
a company that focuses on developing and selling Semiconductors,
PKI and Post-Quantum technology hardware and software products,
today unveils advanced digital crypto wallet features designed to
protect against the potential threats posed by quantum computing.
These include a converged eSIM solution that integrates an embedded
secure element (eSE), eUICC, and certified NFC connectivity into a
single platform. SEALSQ is also collaborating on a
proof-of-technology project with the Hedera blockchain, focused on
integrating Public Key Infrastructure (PKI) signatures with
biometric authentication.
As quantum technology evolves, concerns within
the crypto community have grown regarding its ability to crack
cryptographic systems, including the 12-word seed phrases critical
to crypto wallet security. SEALSQ’s cutting-edge approach addresses
these risks by enhancing the resilience of these seed phrases,
fortifying them against future quantum decryption methods.
In a world where quantum computing is rapidly
gaining momentum, SEALSQ remains at the forefront of innovation
with its quantum-proof cryptography research. The company’s ongoing
efforts are focused on developing robust security measures that
ensure the integrity of cryptocurrency transactions and protect
users from emerging threats. This is part of SEALSQ’s broader
strategy to stay ahead in an ever-evolving digital landscape.
eSIM SolutionIn parallel,
SEALSQ continues to drive advancements in the mobile wallet
ecosystem, offering comprehensive solutions that integrate secure
NFC services into mobile devices and wearables. As an industry
pioneer, SEALSQ was among the first to offer a converged eSIM
solution that integrates an embedded secure element (eSE), eUICC,
and certified NFC connectivity into a single platform. This
innovation facilitates the adoption of eSIM technology, allowing
developers to unlock new possibilities for secure, seamless
connectivity.
Merging PKI Signatures With Biometric
AuthenticationTo further enhance crypto security, SEALSQ
is collaborating on a proof-of-technology project with the Hedera
blockchain, focused on integrating PKI signatures with biometric
authentication. This initiative aims to eliminate the reliance on
manually managed seed phrases by linking seed phrase generation to
users’ biometric signatures, significantly improving both security
and user convenience. The result is a digital wallet experience
that merges biometric authentication with PKI digital signatures,
offering an unparalleled level of protection and ease of use.
Developing Next-Generation
SemiconductorsSEALSQ’s commitment to post-quantum security
extends to its development of next-generation semiconductors,
engineered to boost security, identification, and data processing
capabilities. These advanced chips represent a leap forward in
Artificial Intelligence (AI) performance, security, and efficiency.
The demand for post-quantum technologies is growing across multiple
sectors, including fintech, defense, and space exploration, driven
by government initiatives and industry leaders seeking
quantum-resilient solutions.
SEALSQ’s diverse portfolio, which includes
secure semiconductors, cryptographic keys, and hardware security
modules, highlights its dedication to staying at the cutting edge
of technology and security. As quantum computing advances and the
digital ecosystem becomes increasingly complex, SEALSQ remains a
key player in delivering the secure infrastructure needed to
protect our digital future.
For more information on SEALSQ’s solutions and
ongoing research, visit
https://www.sealsq.com/about/research-innovation/quantum-proof-cryptography.
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, Medical and Healthcare 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 the expected
success of our technology strategy and solutions for IoMT Security
for Medical and Healthcare sectors, SEALSQ's ability to implement
its growth strategies, 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.
Press and Investor Contacts
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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