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SEALSQ-Enabled Digital Crypto Wallet Features Designed to Safeguard Against Potential Quantum Computing Threats

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SEALSQ Corp (NASDAQ: LAES) unveils advanced digital crypto wallet features designed to protect against potential quantum computing threats. Key developments include:

1. A converged eSIM solution integrating an embedded secure element, eUICC, and certified NFC connectivity.

2. Collaboration with Hedera blockchain on integrating Public Key Infrastructure (PKI) signatures with biometric authentication.

3. Enhanced resilience of 12-word seed phrases against future quantum decryption methods.

4. Development of next-generation semiconductors for improved security, identification, and data processing.

These innovations aim to address growing concerns in the crypto community about quantum computing's potential to crack cryptographic systems, ensuring the integrity of cryptocurrency transactions and user protection.

SEALSQ Corp (NASDAQ: LAES) presenta funzionalità avanzate del portafoglio digitale crypto progettate per proteggere contro le potenziali minacce dell'informatica quantistica. I principali sviluppi includono:

1. Una soluzione eSIM convergente che integra un elemento sicuro incorporato, eUICC e connettività NFC certificata.

2. Collaborazione con la blockchain di Hedera per integrare le firme dell'Infrastruttura di Chiavi Pubbliche (PKI) con l'autenticazione biometrica.

3. Maggiore resilienza delle frasi di seme di 12 parole contro i futuri metodi di decrittazione quantistica.

4. Sviluppo di semiconduttori di nuova generazione per migliorare la sicurezza, l'identificazione e l'elaborazione dei dati.

Queste innovazioni mirano a rispondere alle crescenti preoccupazioni nella comunità crypto riguardo al potenziale dell'informatica quantistica di violare i sistemi crittografici, garantendo l'integrità delle transazioni in criptovaluta e la protezione degli utenti.

SEALSQ Corp (NASDAQ: LAES) revela características avanzadas de billetera digital criptográfica diseñadas para proteger contra las posibles amenazas de la computación cuántica. Los desarrollos clave incluyen:

1. Una solución eSIM convergente que integra un elemento seguro embebido, eUICC y conectividad NFC certificada.

2. Colaboración con la blockchain de Hedera para integrar firmas de Infraestructura de Claves Públicas (PKI) con autenticación biométrica.

3. Mayor resistencia de las frases semilla de 12 palabras contra los futuros métodos de decriptación cuántica.

4. Desarrollo de semiconductores de próxima generación para mejorar la seguridad, la identificación y el procesamiento de datos.

Estas innovaciones buscan abordar las crecientes preocupaciones en la comunidad cripto sobre el potencial de la computación cuántica para vulnerar los sistemas criptográficos, garantizando la integridad de las transacciones con criptomonedas y la protección del usuario.

SEALSQ Corp (NASDAQ: LAES)는 잠재적인 양자 컴퓨팅 위협에 대비하기 위해 고급 디지털 암호 지갑 기능을 공개했습니다. 주요 개발 사항은 다음과 같습니다:

1. 내장된 보안 요소, eUICC 및 인증된 NFC 연결을 통합한 수렴형 eSIM 솔루션.

2. 생체 인증과 함께 공개 키 인프라(PKI) 서명을 통합하기 위한 Hedera 블록체인과의 협력.

3. 미래의 양자 해독 방법에 대한 12단어 시드 문구의 향상된 저항력.

4. 보안, 식별 및 데이터 처리를 향상시키기 위한 차세대 반도체 개발.

이러한 혁신은 암호화폐 거래의 무결성과 사용자의 보호를 보장하면서 양자 컴퓨팅이 암호화 시스템을 해독할 수 있는 잠재력에 대한 암호화 커뮤니티의 우려를 해결하는 것을 목표로 하고 있습니다.

SEALSQ Corp (NASDAQ: LAES) dévoile des fonctionnalités avancées de portefeuille numérique crypto conçues pour se protéger contre les menaces potentielles de l'informatique quantique. Les développements clés incluent :

1. Une solution eSIM convergente intégrant un élément de sécurité intégré, eUICC et une connectivité NFC certifiée.

2. Collaboration avec la blockchain Hedera pour intégrer des signatures d'Infrastructure à Clés Publiques (PKI) avec authentification biométrique.

3. Résilience améliorée des phrases de seed de 12 mots contre les futures méthodes de déchiffrement quantique.

4. Développement de semi-conducteurs de nouvelle génération pour améliorer la sécurité, l'identification et le traitement des données.

Ces innovations visent à répondre aux préoccupations croissantes au sein de la communauté crypto concernant le potentiel de l'informatique quantique à déchiffrer les systèmes cryptographiques, garantissant l'intégrité des transactions en crypto-monnaies et la protection des utilisateurs.

SEALSQ Corp (NASDAQ: LAES) stellt fortschrittliche Funktionen für digitale Krypto-Wallets vor, die dazu entwickelt wurden, gegen potenzielle Bedrohungen durch Quantencomputing zu schützen. Zu den wichtigsten Entwicklungen gehören:

1. Eine konvergente eSIM-Lösung, die ein eingebettetes sicheres Element, eUICC und zertifizierte NFC-Konnektivität integriert.

2. Zusammenarbeit mit der Hedera-Blockchain zur Integration von Public Key Infrastructure (PKI)-Signaturen mit biometrischer Authentifizierung.

3. Verbesserte Widerstandsfähigkeit von 12-Wort-Seed-Phrasen gegenüber zukünftigen Quanten-Entschlüsselungsmethoden.

4. Entwicklung von Halbleitern der nächsten Generation zur Verbesserung von Sicherheit, Identifikation und Datenverarbeitung.

Diese Innovationen zielen darauf ab, wachsende Bedenken in der Krypto-Community hinsichtlich des Potenzials von Quantencomputing zur Knackung kryptografischer Systeme zu adressieren und die Integrität von Krypto-Transaktionen sowie den Schutz der Benutzer zu gewährleisten.

Positive
  • Development of quantum-proof cryptography to protect against future threats
  • Collaboration with Hedera blockchain for enhanced crypto security
  • Innovation in eSIM technology for secure, seamless connectivity
  • Development of next-generation semiconductors for improved AI performance and security
Negative
  • None.

Insights

SEALSQ's new crypto wallet features represent a significant leap in quantum-resistant security. The integration of eSIM, eSE, eUICC and NFC into a single platform is a game-changer for mobile wallet security. This convergence not only enhances protection but also improves user experience, potentially accelerating eSIM adoption.

The collaboration with Hedera blockchain to merge PKI signatures with biometric authentication is particularly innovative. By eliminating the need for manual seed phrase management, this approach addresses a major pain point in crypto security while significantly reducing the risk of human error or theft.

However, the real breakthrough lies in SEALSQ's focus on post-quantum cryptography. As quantum computers evolve, they pose an existential threat to current cryptographic systems. SEALSQ's proactive approach in developing quantum-resistant solutions positions them as a frontrunner in this critical field, potentially securing a significant market advantage as quantum computing becomes more prevalent.

SEALSQ's strategic focus on quantum-resistant cryptography and advanced semiconductor development aligns well with growing market demands, particularly in fintech, defense and space exploration sectors. This positions the company for potential revenue growth in high-value industries.

The collaboration with Hedera blockchain and the development of converged eSIM solutions demonstrate SEALSQ's ability to create innovative, market-ready products. These partnerships and product developments could lead to increased market share and improved financial performance.

However, investors should note that the quantum computing threat, while significant, is still largely theoretical. The timeline for widespread quantum adoption remains uncertain, which could impact the immediate demand for SEALSQ's solutions. Additionally, the competitive landscape in post-quantum cryptography is intensifying, potentially affecting SEALSQ's market position and profit margins in the long term.

SEALSQ's approach to crypto wallet security is commendable, addressing both current and future threats. The integration of biometric authentication with PKI signatures is a significant step towards eliminating the vulnerabilities associated with seed phrases, a longstanding issue in crypto security.

The company's focus on quantum-resistant cryptography is particularly crucial. As quantum computers advance, they pose a severe threat to existing cryptographic systems, including those underpinning cryptocurrencies. SEALSQ's proactive development of quantum-proof solutions could be vital in maintaining the integrity of digital assets in the post-quantum era.

However, it's important to note that quantum-resistant cryptography is still an evolving field. While SEALSQ's efforts are promising, the effectiveness of these solutions against actual quantum attacks remains to be proven. Continuous research and adaptation will be necessary to stay ahead of emerging quantum threats.

Geneva, Switzerland, Aug. 27, 2024 (GLOBE NEWSWIRE) --

SEALSQ Corp (NASDAQ: LAES) ("SEALSQ" or "Company"), a company that focuses on developing and selling Semiconductors, PKI and Post-Quantum technology hardware and software products, today unveils advanced digital crypto wallet features designed to protect against the potential threats posed by quantum computing. These include a converged eSIM solution that integrates an embedded secure element (eSE), eUICC, and certified NFC connectivity into a single platform. SEALSQ is also collaborating on a proof-of-technology project with the Hedera blockchain, focused on integrating Public Key Infrastructure (PKI) signatures with biometric authentication.

As quantum technology evolves, concerns within the crypto community have grown regarding its ability to crack cryptographic systems, including the 12-word seed phrases critical to crypto wallet security. SEALSQ’s cutting-edge approach addresses these risks by enhancing the resilience of these seed phrases, fortifying them against future quantum decryption methods.

In a world where quantum computing is rapidly gaining momentum, SEALSQ remains at the forefront of innovation with its quantum-proof cryptography research. The company’s ongoing efforts are focused on developing robust security measures that ensure the integrity of cryptocurrency transactions and protect users from emerging threats. This is part of SEALSQ’s broader strategy to stay ahead in an ever-evolving digital landscape.

eSIM Solution
In parallel, SEALSQ continues to drive advancements in the mobile wallet ecosystem, offering comprehensive solutions that integrate secure NFC services into mobile devices and wearables. As an industry pioneer, SEALSQ was among the first to offer a converged eSIM solution that integrates an embedded secure element (eSE), eUICC, and certified NFC connectivity into a single platform. This innovation facilitates the adoption of eSIM technology, allowing developers to unlock new possibilities for secure, seamless connectivity.

Merging PKI Signatures With Biometric Authentication
To further enhance crypto security, SEALSQ is collaborating on a proof-of-technology project with the Hedera blockchain, focused on integrating PKI signatures with biometric authentication. This initiative aims to eliminate the reliance on manually managed seed phrases by linking seed phrase generation to users’ biometric signatures, significantly improving both security and user convenience. The result is a digital wallet experience that merges biometric authentication with PKI digital signatures, offering an unparalleled level of protection and ease of use.

Developing Next-Generation Semiconductors
SEALSQ’s commitment to post-quantum security extends to its development of next-generation semiconductors, engineered to boost security, identification, and data processing capabilities. These advanced chips represent a leap forward in Artificial Intelligence (AI) performance, security, and efficiency. The demand for post-quantum technologies is growing across multiple sectors, including fintech, defense, and space exploration, driven by government initiatives and industry leaders seeking quantum-resilient solutions.

SEALSQ’s diverse portfolio, which includes secure semiconductors, cryptographic keys, and hardware security modules, highlights its dedication to staying at the cutting edge of technology and security. As quantum computing advances and the digital ecosystem becomes increasingly complex, SEALSQ remains a key player in delivering the secure infrastructure needed to protect our digital future.

For more information on SEALSQ’s solutions and ongoing research, visit https://www.sealsq.com/about/research-innovation/quantum-proof-cryptography.

About SEALSQ

SEALSQ focuses on selling integrated solutions based on Semiconductors, PKI and Provisioning services, while developing Post-Quantum technology hardware and software products. Our solutions can be used in a variety of applications, from Multi-Factor Authentication tokens, Smart Energy, Smart Home Appliances, Medical and Healthcare and IT Network Infrastructure, to Automotive, Industrial Automation and Control Systems.

Post-Quantum Cryptography (PQC) refers to cryptographic methods that are secure against an attack by a quantum computer. As quantum computers become more powerful, they may be able to break many of the cryptographic methods that are currently used to protect sensitive information, such as RSA and Elliptic Curve Cryptography (ECC). PQC aims to develop new cryptographic methods that are secure against quantum attacks. For more information, please visit www.sealsq.com.

Forward-Looking Statements
This communication expressly or implicitly contains certain forward-looking statements concerning SEALSQ Corp and its businesses. Forward-looking statements include statements regarding our business strategy, financial performance, results of operations, market data, events or developments that we expect or anticipates will occur in the future, as well as any other statements which are not historical facts. Although we believe that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. These statements involve known and unknown risks and are based upon a number of assumptions and estimates which are inherently subject to significant uncertainties and contingencies, many of which are beyond our control. Actual results may differ materially from those expressed or implied by such forward-looking statements. Important factors that, in our view, could cause actual results to differ materially from those discussed in the forward-looking statements include the expected success of our technology strategy and solutions for IoMT Security for Medical and Healthcare sectors, SEALSQ's ability to implement its growth strategies, SEALSQ's ability to continue beneficial transactions with material parties, including a limited number of significant customers; market demand and semiconductor industry conditions; and the risks discussed in SEALSQ's filings with the SEC. Risks and uncertainties are further described in reports filed by SEALSQ with the SEC.

SEALSQ Corp 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.

Press and Investor Contacts

SEALSQ Corp.
Carlos Moreira
Chairman & CEO
Tel: +41 22 594 3000
info@sealsq.com
SEALSQ Investor Relations (US)
The Equity Group Inc.
Lena Cati
Tel: +1 212 836-9611 / lcati@equityny.com

Katie Murphy

Tel: +212 836-9612 / kmurphy@equityny.com

FAQ

What features has SEALSQ (LAES) introduced to protect against quantum computing threats?

SEALSQ has introduced advanced digital crypto wallet features, including a converged eSIM solution integrating an embedded secure element, eUICC, and certified NFC connectivity. They're also enhancing the resilience of 12-word seed phrases and developing quantum-proof cryptography.

How is SEALSQ (LAES) collaborating with Hedera blockchain?

SEALSQ is collaborating with Hedera blockchain on a proof-of-technology project to integrate PKI signatures with biometric authentication. This aims to eliminate reliance on manually managed seed phrases by linking seed phrase generation to users' biometric signatures.

What advancements is SEALSQ (LAES) making in semiconductor technology?

SEALSQ is developing next-generation semiconductors engineered to boost security, identification, and data processing capabilities. These advanced chips aim to improve Artificial Intelligence performance, security, and efficiency.

How does SEALSQ's (LAES) eSIM solution contribute to mobile wallet security?

SEALSQ's converged eSIM solution integrates an embedded secure element (eSE), eUICC, and certified NFC connectivity into a single platform. This innovation facilitates the adoption of eSIM technology, allowing for secure, seamless connectivity in mobile devices and wearables.

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