WISeKey International Holding Ltd and The Hashgraph Association Unveil Groundbreaking Tokenization Initiative for WISe.Art during Davos 2024
January 18 2024 - 1:00AM
WISeKey International Holding Ltd, (“WISeKey”) (SIX: WIHN, NASDAQ:
WKEY), leader in cybersecurity, digital identity, and Internet of
Things (IoT) solutions operating as a holding company, and The
Hashgraph Association (THA), the non-profit Swiss organization
behind the innovative distributed ledger technology (DLT) of Hedera
Hashgraph (“Hedera”), are thrilled to announce a groundbreaking
collaboration during the Davos 2024 event. This joint initiative
focuses on the legal and regulatory compliant tokenization of art
assets and equity-shares of WISe.Art AG, subsidiary of WISeKey.
The centerpiece of WISe.Art is the WISe.Art
Marketplace built to redefine the way art is bought and sold,
bringing transparency, security, authenticity, legal certainty, and
fractional ownership to the forefront of the global art world.
Leveraging WISeKey's 25 years of proven expertise in cybersecurity
and cryptography, the platform introduces a novel approach to art
transactions and digital representation, ensuring a seamless and
trustworthy experience of value exchange for artists, collectors,
and enthusiasts.
Carlos Moreira, CEO of WISeKey, expressed his
enthusiasm about the collaboration: "Tokenizing art assets and
WISe.Art through our WISe.Art Platform marks a significant
milestone in our technological evolution. This strategic
partnership with THA underscores our commitment to pioneering
secure and innovative solutions that redefine the future of
authenticity and trust in art."
Kamal Yousefi, President of THA, commented from
Davos on the collaboration: "Hedera’s unique consensus algorithm
(“Hashgraph”) provides the ideal technology layer to ensure
integrity and security of WISeKey's authentication platform. We are
excited to be part of this revolutionary project that has the
potential to redefine the way we perceive and validate authenticity
of art and other physical objects in the digital age."
The launch of the tokenization initiative in
Davos signals a strategic move towards a more secure, transparent,
and trusted future for the authentication of physical objects.
WISeKey and THA welcome industry leaders, stakeholders, and the
global community to join them in shaping the future of authenticity
through this groundbreaking collaboration.
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 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 The Hashgraph Association
The Hashgraph Association is at the forefront of the digital
enablement and empowerment of organisations through the broad
adoption of Hedera-powered enterprise-grade solutions and
decentralized applications, which includes supporting and funding
of training, innovation, and venture building programs globally. As
a non-profit organization headquartered in Switzerland, The
Hashgraph Association provides funding for innovation, research,
and development that enables economic inclusion and a digital
future for all, with a positive environmental, social, and
governance (ESG) impact. For further information about The
Hashgraph Association, visit www.hashgraph-association.com
Press and investor contacts:WISeKey
International Holding LtdCarlos MoreiraChairman & CEOTel: +41
22 594 3000 / info@wisekey.comWISeKey Investor Relations (US)The
Equity Group Inc.Lena CatiTel: +1 212 836-9611 /
lcati@equityny.com
Katie MurphyTel: +1 212 836-9612 /
kmurphy@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 the Swiss Financial
Services Act (“FinSA”), the FInSa’s predecessor legislation or
advertising within the meaning of the FinSA. 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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