WISeKey Announces the Development of WISe.Social, a New Authenticated Social Media Network Powered by WISeID
February 14 2023 - 1:00AM
WISeKey
Announces the Development
of WISe.Social, a New
Authenticated Social Media Network Powered by
WISeID
Access to the network
will be available to all users with
a WISeID digital
identity; users will be able to
share data/ideas and engage with
peers through a trusted
platform
GENEVA – February 14, 2023: WISeKey
International Holding Ltd. (“WISeKey”) (SIX: WIHN, NASDAQ: WKEY),
leading global cybersecurity, AI, Blockchain, and IoT company,
announced today the development of WISe.Social, a new social media
network powered by its WISeID platform.
WISe.Social’s network will not use advertising
or collect data from users. It is designed for people and
organizations wishing to share data among their ecosystems without
the concern of algorithms tracing them and their data.
WISe.Social is based on WISeID, WISeKey’s
platform for personal identity and security services using digital
certificates and other innovative technologies, with a strong focus
on Trust. WISeKey defines digital trust as the confidence users
have in a social media platform to protect their information and
provide a safe environment for them to create and engage with
content.
With the identity verification services of WISeID, users can now
securely exchange information with peers based on their identity
validation level.
WISeID enables three levels of identity validation:
- Basic - where only the email is
validated.
- Validated - where the full name is
confirmed against an identity document.
- Validated Pro - where professional
details are validated.
WISeKey offers free Basic accounts and the availability to
upgrade the account with different pricing models.
The objective of WISe.Social is to integrate
identity management and cybersecurity features into a social
network platform to effectively control fake information originated
by unverified accounts. To that effect, WISeKey developed a new
paradigm for social networks embedded with digital identity
technology, which employs decentralized processes to create trusted
networks and secured ways to exchange information between users
through a better mechanism designed for trusted social
networks.
WISeID users can register as WISe.Social Testers
(a limited number of 10,000 testers will be authorized until final
launch in May 2023) and start exchanging information with friends
and family at https://wise.social.
About WISeKeyWISeKey, founded in 1999 (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 LtdCarlos
MoreiraChairman & CEO+41 22 594 3000 / info@wisekey.comWISeKey
Investor Relations (US)The Equity Group Inc.Lena Cati212 836-9611 /
lcati@equityny.comVal Ferraro212 836-9633 /
vferraro@equityny.comDisclaimer: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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