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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 has partnered with Jacob & Co to auction the Astronomia Sky, a luxury watch represented as an NFT. This collaboration follows successful auctions of the first digital twin of a watch and a unique NFT inspired by Jacob & Co's Epic SF24. WISeKey's technology secures authenticity using microprocessors and blockchain, protecting over 2.5 million luxury watches. The Astronomia Sky features advanced complications including zodiac signs and a Jacob-Cut® diamond Moon, aiming to further revolutionize the watch industry.
WISeKey International Holding Ltd and CasperLabs have announced a strategic partnership to launch TrustedNFT.IO, a secure NFT marketplace on the Casper Network. The partnership aims to enhance trust in NFTs, with the first major auction scheduled for Summer 2021. Utilizing a unique Trust Protocol, the platform promises secure transactions for artwork and luxury goods. This initiative is positioned as an environmentally friendly solution, leveraging Casper’s Proof-of-Stake architecture to facilitate a higher volume of transactions while minimizing energy consumption.
WISeKey is enhancing its semiconductor manufacturing capabilities to meet escalating demand, particularly due to the ongoing semiconductor shortage. The company is experiencing a significant order backlog while investing in supply chain transformation for better service. As a fabless firm, WISeKey relies on subcontractors for chip production, necessitating supply chain improvements amid rising book-to-bill ratios. Despite challenges, the company's secure chips are crucial for protecting IoT and consumer devices against cyber threats.
WISeKey International Holding Ltd (NASDAQ: WKEY) launched TrustedNFT.IO, a platform for verifying NFT ownership using digital certification and blockchain. The platform ensures that the cryptographic key linking the owner to their NFT is securely stored, preventing deletion or duplication. Recently, WISeKey held a luxury watch NFT auction, achieving a bid of 25 ethers (~$50,000) for a digital twin of Jean-Claude Biver's watch. This innovative approach combines trust and technology, marking a significant step in the NFT market.
WISeKey International Holding's subsidiary, Arago, announced the release of its HIRO AI Platform on the SAP Store, integrating with SAP Solution Manager. This platform automates support ticket management, enhancing IT efficiency through AI-driven resolutions.
Key benefits include a reduction in incident ticket volume, cost savings in employee hours, and improved service level agreement compliance. This partnership aims to strengthen businesses' digital transformation initiatives, offering competitive advantages in the tech landscape.
WISeKey and Jean-Claude Biver are hosting the world's first luxury watch NFT auction, extending the bidding period until April 30, 2021. The auction features the digital twin of the Bigger Bang All Black Tourbillon Chrono ‘Special piece’ watch, with current bids reaching 25 ethers (~$50,000). This digital twin aims to ensure certified ownership and authenticity, marking a significant development in luxury watch sales and digital identification technology.
WISeKey International Holding (NASDAQ: WKEY) has announced the launch of its WISfans NFT platform, aimed at enhancing fan engagement in football. This platform will feature physical and digital collectibles, including signed memorabilia and digital assets. It facilitates blockchain interoperability among football clubs and enables fluid price discovery through fungible tokens. The move is a response to increased demand, particularly during the Covid-19 pandemic, which has heightened interest in digital collectibles. The WISfans platform also emphasizes brand protection and data analytics to boost sales for sports clubs.
WISeKey International Holding Ltd has successfully launched the world's first NFT auction of a luxury watch, marking a significant milestone in the watch industry. The auction runs from March 31 to April 6, 2021, showcasing the Bigger Bang All Black Tourbillon Chrono, a historically important watch. This auction highlights the integration of NFTs with digital certification of luxury watches, enhancing ownership authenticity. The innovative use of blockchain technology allows for the creation of a digital twin of the physical watch, representing a transformative step in the luxury goods market.
WISeKey (NASDAQ: WKEY) has partnered with Ocean Protocol to launch WISeART, a decentralized peer-to-peer NFT marketplace for physical art. This platform will combine non-fungible tokens (NFTs) for artworks with fungible tokens for pricing fluidity. The partnership leverages WISeKey's microprocessors to authenticate art pieces and Ocean's market technology for secure trading. WISeART aims to address concerns over art authenticity and provenance, making it easier to trace stolen artworks via blockchain. This collaboration could enhance both companies' positions in the NFT and art markets.
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