WISeKey’s WISeID Dual Factor Authenticator Digital Identity Now Can Be Used to Mint NFTs on WISe.ART Marketplace
November 03 2022 - 10:33AM
WISeKey’s
WISeID Dual Factor Authenticator Digital
Identity Now
Can
Be
Used to
Mint NFTs on
WISe.ART
Marketplace
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 3, 2022:
WISeKey International Holding Ltd. (“WISeKey”) (SIX: WIHN, NASDAQ:
WKEY), leading global cybersecurity, AI, Blockchain, and
IoT company, today announced that users of WISeID can now mint
their NFTs directly on its fully-fledged marketplace WISe.ART
allowing dual factor authorization.
By integrating WISeID on the NFT minting
process, it minimizes the ability for crypto swindlers to steal and
then profit from NFT sales, protects users on from inadvertently
engaging with scams and prevent thieves from quickly flipping
stolen assets.
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; NFTs must request access to other users’
identity information and WISeID NFTs users have the ability to
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.
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 own 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 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 1.5 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 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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