WISeKey’s
WISe.Art NFT platform, in cooperation
with The
Chinese Museum of Finance, will auction a
historical Jiaozi NFT, the world's first
government-issued paper currency created in
1024
Geneva, Beijing: September 28, 2021 - WISeKey
International Holding ("WISeKey", SIX: WIHN, NASDAQ: WKEY), a Swiss
global cybersecurity, AI, Blockchain, and IoT company, has joined
forces with The Chinese Museum of Finance to offer Trusted
NFTs with the launch of WISe.ART NFT platform. The WISe.ART
NFT Platform is an Ethereum scaling and infrastructure development
and available with Ethereum-compatible blockchains. To launch this
cooperation, the WISe.ART platform will auction a historical NFT of
the world’s first paper money created in China in 1024.
The Jiaozi NFT is the digital twin of the
world's first government-issued paper currency featuring elements
of modern paper money for circulation management and reserve
payment. The paper currency was issued on January 12, 1024, in
Chengdu, Sichuan, China by the Jiaozi Affairs, the earliest central
bank. The bank operated for more than 400 years. It would be almost
200 years later that Marco Polo introduced the concept of paper
money to Europe, and 250 years more before Sweden issued modern
paper money in 1661.
China’s creation of paper money drew upon two of
their other well-known inventions - papermaking and printing.
Today, paper money is a core instrument of the global and national
financial systems. Cryptocurrencies and NFT are also innovative
developments in the history of 1,000 banknotes.
The China Finance Museum has been promoting the spread of
cross-border communication in China and the global financial
industry, setting up Jiaozi exhibition halls and Jiaozi monuments
in Chengdu, holding Jiaozi forums, and promoting applications for
non-material cultural heritage.
About the design of Jiaozi NFT
- Design and issue the first NFT from
China belonging to the global financial heritage will bring great
attention benefits and investment wealth effect;
- China Finance Museum will simplify
the design making it more beautiful and stylish, determine the NFT
copyright, with a full entrusted professional NFT team to make the
transactions on line and auction;
- Establish the China Financial
Heritage Fund, which will use all NFT exchanges for the discovery,
certification and protection of China's financial heritage;
- A total of 10,000 NFTs were issued
worldwide, with 8,000 issued to financial collectors and
individuals. 1,000 of these NFTs are run by the China Financial
Heritage Foundation for future development, and a 1,000 are jointly
operated by the China Museum of Finance and NFT distributors, such
as gifts to international financial institutions, museums, and key
industry leaders.
About the Chinese Museum of
Finance
The Chinese Museum of Finance was registered in
2009 in Hong Kong, a consulting and management firm to promoting
financial literacy and education in Asia. Working with several
local government and financial institutions, it has helped creating
and running over 11 financial museums in mainland China and Hong
Kong, including the Tianjin Museum of Finance (2010), located on
the site of the former French Club, a century-old European
building, in Tianjin. Exhibits in the 2,400 sq. m. main hall
included handwritten manuscripts by acknowledged father and founder
of contemporary economics Adam Smith, Thomas Edison’s first light
bulb, documents relating to the establishment of the Shanghai Stock
Exchange, including directives from former premier Zhu Rongji,
bonus stocks from the “cultural revolution” period, over 200
currencies from various historical epochs in China and overseas,
financial bills, and financial artifacts. Many distinguished guests
were present at the museum’s opening ceremony, and well-known
Chinese financial celebrities. The success of this venture inspired
Mr. Wang to carry on in this vein. He has since built nine more
financial museums within the past decade in Beijing, Shanghai,
Chongqing, Suzhou, Ningbo, Shengyang, Chengdu, Zhengzhou and
Jinggangshan.
The first known examples of paper currency as we
would understand it today were created in China during the Song
Dynasty (AD 960–1279). Promissory notes known as
"Jiaozi" were printed by a group of merchants in
Sichuan during the reign of Emperor Zhenzong (AD 997–1022).
"Paper money was the first form of Chinese
printing met with by European travelers, was independently
discussed by at least eight pre-Renaissance European writers, and
so far as is known, is the only form of Chinese printing described
in European writings of pre-Gutenberg days. Marco Polo's
description is the most detailed" (Carter, op. cit., 109).
WISeKey’s strategy in China is to integrate the
combined technology stack for making WISe.ART available as a
platform to build white-label marketplaces for different luxury
collectibles and artwork. Part of this technology stack is the
storage of the digital twins created as NFTs on the blockchain to
enable the trading of these NFTs. To ensure KYC that still allows
anonymity and the necessary exclusivity, all marketplaces created
under the WISe.ART platform will allow the trading of NFTs.
Mr. Wang has been a member of Shanghai Stock
Exchange Corporate Governance Advisory Committee since 2007. He
founded the Chinese Museum of Finance (Group) in 2010, an
organization that currently runs 10 museums across
China. He was elected Chairman of Asia Mergers &
Acquisitions Association (AMAA) and Co-chairman of International
Federation of Finance Museums (IFFM) in November 2015. In January
2017, he became a director of the Board of the Global Blockchain
Business Council (GBBC), founded by 25 countries.
Carlos Moreira, Chairman and CEO of WISeKey,
commented: “We are delighted to join forces with the Beijing
Museum of Finance and Wang Wei. We look forward to working
closely with him and benefit from his expertise as we expand our
operations in China and among the NFT Metaverse community.
WISeKey’s offering will allow brands, artists, fans, curators,
owners, potential customers and liquidity providers investing in
digital assets, to interact and grow on a secure, digital and
scalable platform, thoroughly trace provenance, diminish
counterfeiting on the digital sphere and integrate physical chip
technology into real objects. Hence, WISeKey provides highly secure
integration of the physical objects and their digital twins coined
in NFTs. WISeKey is following a multichain strategy for its
WISe.ART platform through a partnership with leading Chinese
blockchain companies.”
Wang Wei added: “I am excited to work with a
highly respected group of experts in the NFT. As WISeKey is
currently expanding its footprint to China, I am looking forward to
assisting the team by bringing my knowledge and expertise in the
Asian markets.”
About WISeKey:WISeKey (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 install 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 edge of
IoT as our semiconductors produce a huge amount of Big Data that,
when analyzed with Artificial Intelligence (AI), can help
industrial applications to 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 Ltd Company 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
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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
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