WISeKey Joins Forces with The
Hashgraph Association to Offer Trusted NFT
Solutions via its
WISe.ART
Platform
Built on Hedera.
GENEVA / Davos – 19 January
2023: WISeKey International Holding Ltd.
(“WISeKey”) (SIX: WIHN, NASDAQ: WKEY), a leading global
cybersecurity, AI, Blockchain, and IoT company, today announced
that it has joined forces with The Hashgraph Association, the
Swiss-based non-profit association that is accelerating broad
adoption of the Hedera network globally, to offer Trusted NFTs via
the WISe.ART NFT platform.
Carlos Moreira, Founder and CEO of
WISeKey noted: “We are thrilled to cooperate with The
Hashgraph Association (THA) to commercially launch our Trusted NFTs
solution. WISe.Art is a fully-fledged marketplace with its own
digital currency, which has the ability to include curators and
multipliers, white-labelling options, and special NFT designs. The
NFT design of the WISe.Art platform ensures that besides an
authenticated and signed version of the actual digital asset, it
creates an irreversible link to the physical object, provides proof
of ownership, provenance, and a set of contracts describing future
use and monetization streams. The NFT platform is secured by
WISeKey’s various security technologies enabling the authentication
of physical objects as well as digital assets, in a safe end-to-end
environment.”
The WISe.Art platform allows trading of NFTs
into WISeKey’s own TrustECoin cryptocurrency, enabling market
participants to stay anonymous – if they so choose – while ensuring
the necessary KYC processes to avoid unwanted activity on the
marketplace. Built on Hedera, 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 having to type any
passwords.
Hedera, the most innovative, sustainable public
ledger for the decentralized economy, is a decentralized,
open-source, proof-of-stake public ledger that utilizes the
leaderless, asynchronous Byzantine Fault Tolerance (aBFT) hashgraph
consensus algorithm. It is governed by a diverse, decentralized
council of leading enterprises, universities, and web3 projects
from around the world: abrdn, Avery Dennison, Boeing, Chainlink
Labs, DBS, Dentons, Deutsche Telekom, DLA Piper, EDF, eftpos, FIS,
Google, IBM, IIT Madras, LG, LSE, Magalu, Nomura, ServiceNow,
Shinhan Bank, Standard Bank, Swirlds, Tata Communications, Ubisoft,
UCL, Wipro, and Zain. Hedera’s performance-optimized Ethereum
Virtual Machine (EVM) smart contracts, along with its easy-to-use
native tokenization and consensus service APIs, enable developers
to create real-time web3 applications and ecosystems that will
drive the future of the internet.
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.
Kamal
Youssefi, President of The
Hashgraph Association, said:
“Creativity and security should always be at the heart of
distributed ledger technology (DLT) innovation. We look forward to
collaborating with WISeKey, which shares The Hashgraph
Association’s vision to bring DLT technology into the mainstream.
The creation of NFTs over the WISe.Art platform is secured through
its high-grade security technologies and enables the authentication
of physical objects and digital assets in a safe and compliant
end-to-end process. This is a strong example of the impactful
applications which can be built on the Hedera network.” What sets
Hedera apart from other blockchains is its low, predictable fees,
fair transaction ordering with consensus timestamps, and a robust
codebase that ensures scalability and reliability at every layer of
its network infrastructure.
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 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 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.
About The
Hashgraph AssociationThe
Hashgraph Association supports training and education programs
across multiple industry verticals. In the forefront is the digital
enablement and empowerment of the public through broad adoption of
Hedera-powered enterprise-grade solutions and decentralized
applications (dApps), which includes innovation, accreditation, and
certification programs. As a non-profit organization headquartered
in Switzerland, The Hashgraph Association promotes and provides
funding for innovation, research and development for the benefit of
economic inclusion and with a positive environmental, social, and
governance (ESG) impact. For information about The Hashgraph
Association, visit www.hashgraph-association.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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