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WISeKey International Holding AG (NASDAQ: WKEY) is a global leader in cybersecurity, digital identity management, and the Internet of Things (IoT) solutions. The company specializes in providing advanced security technologies for data protection, secure identification, and authentication across physical infrastructures, networks, and the internet, ensuring secure communications and e-transactions without compromising trust.
WISeKey operates through several distinctive subsidiaries, each contributing uniquely to its expansive technology portfolio:
- SEALSQ Corp: Focuses on semiconductors, Post-Quantum technology, and provisioning services. Recent investments include the development of quantum-ready semiconductors and the establishment of an Open Semiconductors Assembly and Test (OSAT) Center.
- WISeKey SA: Specializes in Public Key Infrastructure (PKI) management and cryptographic root keys, which are essential for secure digital communications and transactions.
- WISeSat.Space: Focuses on cost-effective satellite deployments through picosatellites, contributing to sectors like agriculture, logistics, and environmental monitoring.
- WISe.ART: Operates in the NFT space and has recently partnered with Hedera to enhance the WISe.ART platform for secure NFT transactions.
WISeKey's innovations are central to the increasingly connected digital ecosystem, providing secure digital identities for individuals, groups, organizations, and communities globally. With over 1.6 billion microchips deployed across various IoT sectors, WISeKey plays a vital role in securing the Internet of Everything. Trusted by the OISTE/WISeKey cryptographic Root of Trust, the company ensures the integrity of online transactions between objects and people.
In 2023, WISeKey achieved significant financial growth, driven by its diversified business model and strategic investments in emerging technologies like blockchain, AI, and IoT. The company continues to expand its footprint with new projects such as the Low Orbit satellite initiatives, upcoming semiconductor personalization centers, and innovations in digital identity and cybersecurity solutions.
WISeKey (NASDAQ: WKEY) participated in a key event at La Autoridad Portuaria de la Bahía de Algeciras (APBA) in Spain, showcasing digital transformation initiatives in the Campo de Gibraltar region. The event highlighted three major projects: the RETECH Program, the future Industry 4.0 Hub, and the WISeSmartContainers project. WISeKey CEO Carlos Moreira presented progress on the Fourth Industrial Revolution Center project, including satellite launches, antenna installation, and a cooperation agreement with the Port of Algeciras. The company also announced a planned satellite launch with SpaceX in November to advance the project's goals. Additionally, WISeKey provided updates on its WISeSmartContainers platform, which has expanded to the Port of Algeciras following a strategic agreement signed in December last year.
WISeKey International Holding (SIX: WIHN, NASDAQ: WKEY) has announced that Bernardino Abad Grupo Logístico is becoming the primary reference for the WISeContainer platform and sensors. The logistics company is equipping its entire fleet of 40 and 45-foot containers with advanced IoT sensors to enhance security and provide real-time tracking. This initiative, presented at the APBA Travesía de la Innovación event, aims to set new standards in the logistics industry by improving operational efficiency and cargo security.
The implementation of WISeContainer technology offers numerous benefits, including improved asset management, reduced risk of loss or theft, and enhanced customer satisfaction through increased supply chain transparency. The system also provides valuable data for optimizing port operations and reducing congestion, contributing to a more efficient logistics ecosystem.
WISeKey (NASDAQ: WKEY) has announced a significant Proof of Concept agreement between its subsidiary WISeSAT and Tránsitos y Transportes Logísticos S.L. for the WISeTruck project. This collaboration aims to equip Transportes Logísticos' entire fleet with WISeContainer IoT sensors, enhancing vehicle and driver tracking capabilities.
The implementation of WISeTruck technology offers multiple benefits, including:
- Optimized traceability and real-time monitoring
- Improved goods quality assurance during transport
- Enhanced safety through driver behavior monitoring
- Increased security against vandalism and theft
This partnership demonstrates Transportes Logísticos' commitment to innovation and superior customer service in the transportation industry.
WISeKey's subsidiary WISeSAT.Space has formed a strategic alliance with Global Radio Systems to develop innovative solutions for cyber-secure radio communications in critical environments. The collaboration, announced at the APBA Journey of Innovation event, aims to enhance connectivity for emergency, security, and defense sectors. Global Radio Systems, operating in over 15 countries, offers secured professional radio communication services. The alliance will utilize WISeSAT's low-orbit satellite constellation to ensure robust connectivity in challenging environments. This partnership is expected to benefit essential services including armed forces, police, and firefighters by providing reliable communications and real-time decision-making support.
WISeKey's subsidiary WISe.ART is featuring NFT imagery from the award-winning AI film 'The Three Gates of Wisdom' on its platform. Created by artist Devy Man, the film won the Jury Special Price at the 2024 Cannes Film Festival. The NFT images will be exhibited at Le Verdaine in Geneva until October 2, 2024.
The film is based on Charles Burlhart's philosophical fable about finding peace. It includes a short version, with plans for a full 2-hour movie and a video game. Each frame is planned to be tokenized on WISe.ART, allowing investors to acquire and collect tokens. The project highlights the power of NFTs in revolutionizing asset ownership, adding security, value, and exclusivity to artworks through blockchain technology.
WISeKey (NASDAQ: WKEY) has partnered with Venafi to offer its Transport Layer Security (TLS) certificate services on the Venafi Marketplace. This collaboration aims to address the challenges posed by quantum computing to cryptographic systems, particularly TLS certificates. The partnership focuses on providing automated certificate rollout and crypto-agility capabilities.
The timing is important as quantum computers threaten to break widely used encryption algorithms. The partnership emphasizes the importance of post-quantum encryption (PQE) and crypto-agility in managing TLS certificates. Organizations need to update their certificate management tools to handle larger keys and new algorithms while ensuring compatibility with existing systems.
SEALCOIN AG, established by WISeKey, has secured a $50 million token investment commitment from GEM Digital to develop a Decentralized Physical Internet Network (DePIN). The project aims to revolutionize the Internet of Things (IoT) using Hedera's decentralized ledger technology (DLT), enabling autonomous transactions among IoT devices through its utility token, SEALCOIN.
Additionally, The Hashgraph Group (THG) has agreed to provide initial investment, engineering expertise, and strategic guidance to SEALCOIN AG. The platform, leveraging Hedera's DLT ledger and smart contracts, is expected to go live in Q4 2024. SEALCOIN's applications span various sectors, including smart home automation, supply chain management, autonomous vehicles, and healthcare devices.
WISeKey International Holding (SIX: WIHN; Nasdaq: WKEY) has renewed its WebTrust seal of assurance for its OISTE/WISeKey Trust Model and certification services. This renewal demonstrates WISeKey's compliance with rigorous industry standards in four key areas: WebTrust for Certification Authorities, Baseline Requirements, Extended Validation, and S-MIME (new for 2024).
The company's Trust Services are delivered via advanced certificate management platforms, leveraging automation and crypto-agility. WISeKey is also investing in post-quantum trust services through its SEALSQ Corp (Nasdaq: LAES) affiliate. In addition to WebTrust, WISeKey maintains other independent audits and accreditations, including recognition for IoT standards like Matter, Wi-Sun Alliance, and GSMA.
WISeKey International Holding (SIX: WIHN, NASDAQ: WKEY) has successfully executed a Proof of Concept (PoC) for its Transactional-IoT (t-IoT) technology, codenamed Project SEALCOIN. This breakthrough demonstrates the potential for disintermediation of service providers in interconnected devices. The PoC showcases advanced technology embedded in semiconductor devices, enabling autonomous transaction validation and verification.
Key features include:
- Use of Secure Element for protecting private keys and device identity
- Elliptic curve cryptography compatible with Hedera's Decentralized Ledger Technology
- Direct device-to-device transactions, eliminating intermediaries
- Real-time authentication and signing of on-chain transactions
WISeKey's subsidiary, WISe.ART, has announced a transformative shift to a Web 3.0 platform, aiming to revolutionize the ultra-luxury market. This move leverages blockchain technology to provide transparency, authenticity, and accessibility for Ultra-High-Net-Worth Individuals (UHNWIs) seeking exclusive assets such as boats, fashion, art, villas, watches, jewelry, and travel experiences.
The new platform enables direct listing of luxury assets, reducing the need for intermediaries and lowering transaction fees. Smart contracts automate agreements, ensuring secure and efficient transactions. WISe.ART also introduces fractional ownership, allowing multiple investors to share high-value assets. Additionally, blockchain-based digital identities enhance trust and transparency.
Virtual and augmented reality technologies offer immersive experiences, eliminating the need for physical showrooms and reducing operational costs. NFTs provide digital certificates of ownership, ensuring authenticity and provenance. This strategic move aligns with the principles of the TransHuman Code, promoting luxury and sustainability.
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