FOR IMMEDIATE RELEASE
WISeKey’s
WISe.ART
Technology Bridges the Gap Between Digital
and Physical Worlds With
the Introduction of Phygical
Packages
Zug,
Switzerland - July 26, 2023 - WISeKey International
Holding ("WISeKey", SIX: WIHN, NASDAQ: WKEY), a leader in
cybersecurity, digital identity, and Internet of Things (IoT)
solutions operating as a holding company, announced today the
innovative use of its WISe.ART technology to bridge the gap between
digital and physical worlds with the introduction of Phygital
Packages i.e. a physical valuable asset and a twin Non-Fungible
Token (NFT).
In an unprecedented move, WISeKey is utilizing
ultra-secure Swiss storage bunkers, including advanced mountain
fortresses, to ensure the physical protection of exclusive artworks
linked to the digital tokens. Each of these pieces of art is
associated with an NFT, a cutting-edge application of blockchain
technology that facilitates proof of ownership and authentication
of real-world assets.
Carlos Moreira, CEO of WISeKey noted: “Phygital
NFTs represent a unique intersection between the physical and
digital worlds. With our latest efforts, we are literally giving
digital tokens a tangible form, securely stored in Swiss bunkers,
and creating an indelible link between the art piece and its
digital twin on the blockchain.”
WISeKey's robust solution combines identity
blockchain technology with state-of-the-art authentication
microprocessors to ensure the authenticity of each artwork. This
revolutionary approach not only provides an added layer of security
but also enables tracing of the art if it's stolen, thus making it
difficult to be traded illicitly on the secondary market.
This unique application of Physical Assets and
NFTs extends beyond the art world. From real estate to
collectibles, any asset that requires secure authentication and
ownership proof can be supported by this technology.
Leveraging the inherent cryptography and
security of the blockchain, along with PKI and microprocessors,
WISeKey's WISeAuthentic blockchain allows brands to issue a storage
device that includes a digital certificate of authenticity. It
further enables the checking and modifying of the status of
validity of these certificates as required, offering brands and art
collectors an unparalleled level of control and security.
WISeKey invites you to learn more about their
innovative approach to securing artworks through Phygital NFTs by
watching this informative video: https://youtu.be/oNvhMvdchGk.
About WISeKey:
WISeKey International Holding Ltd ("WISeKey",
SIX: WIHN; Nasdaq: WKEY) is a global leader in cybersecurity,
digital identity, and IoT solutions platform. It operates as a
Swiss-based holding company through several operational
subsidiaries, each dedicated to specific aspects of its technology
portfolio. The subsidiaries include (i) SEALSQ Corp (Nasdaq: LAES),
which focuses on semiconductors, PKI, and post-quantum technology
products, (ii) WISeKey SA which specializes in RoT and PKI
solutions for secure authentication and identification in IoT,
Blockchain, and AI, (iii) WISeSat.Space AG which focuses on space
technology for secure satellite communication, specifically for IoT
applications, and (iv) WISe.ART Corp which focuses on trusted
blockchain NFTs and operates the WISe.ART marketplace for secure
NFT transactions.
Each subsidiary contributes to WISeKey's mission
of securing the internet while focusing on their respective areas
of research and expertise. Their technologies seamlessly integrate
into the comprehensive WISeKey platform. WISeKey secures digital
identity ecosystems for individuals and objects using Blockchain,
AI, and IoT technologies. With over 1.6 billion microchips deployed
across various IoT sectors, WISeKey plays a vital role in securing
the Internet of Everything. The company's semiconductors generate
valuable Big Data that, when analyzed with AI, enable predictive
equipment failure prevention. Trusted by the OISTE/WISeKey
cryptographic Root of Trust, WISeKey provides secure authentication
and identification for IoT, Blockchain, and AI applications. The
WISeKey Root of Trust ensures the integrity of online transactions
between objects and people. For more information on WISeKey's
strategic direction and its subsidiary companies, please visit
www.wisekey.com.
About
WISe.ART: Established in September 2020, our
marketplace is a forward-thinking digital art platform pioneering
the intersection of blockchain technology and artistic and/or
visionary creativity. With a strong commitment to democratizing
access and ownership to unique innovative products, WISe.ART
provides a vibrant marketplace for buying, selling, preserving, and
discovering original digital creations. By embracing blockchain and
NFT technology, WISe.ART ensures provenance, artist recognition,
heritage preservation and secure, transparent transactions.
WISe.ART platform leverages WISeKey's strong
cybersecurity expertise, digital identity technology. As a part of
our mission to empower creators and collectors, the launch of the
WISe.ART token marks a significant milestone in our journey. By
creating a unique digital currency, we aim to foster an inclusive,
engaging, and rewarding ecosystem that transcends traditional
boundaries of the art world.
By 2021, NFTs had begun to attract significant
interest from traditional art markets, musicians, celebrities, and
more. DappRadar reported in their Q1 2021 report that the NFT
market had grown by around 2,000%, reaching a value of over $2
billion. Governments, Institutions, Foundations and Museums are now
looking toward this technology to monetise their cultural heritage.
The WISe.ART token will secure major collections by preserving
humanity’s data collection onto the blockchain while raising funds
for the maintenance of our history.
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 |
WISe.ARTContact: Sixtine CrutchfieldArt
DirectorTel: +41225943000scrutchfield@wisekey.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 because
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.
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