WISeKey and OISTE.ORG foundation Announces its Entry into the Humanitarian World of NFTs Through the TrustedNFT.IO Platform
WISeKey International Holding Ltd (WKEY) announced a partnership with OISTE.ORG Foundation to enter the humanitarian NFT sector through the TrustedNFT.IO platform. This collaboration aims to promote humanitarian causes and is backed by OISTE's consultative status with the UN. The foundation supports global human rights and sustainable development initiatives. With this move, WISeKey expands its footprint in the blockchain and digital identity sectors, leveraging its expertise in cybersecurity and IoT.
- Partnership with OISTE.ORG enhances WISeKey's reputation in the humanitarian sector.
- Expansion into the NFT space could attract new investors and increase revenue streams.
- None.
WISeKey and OISTE.ORG foundation Announces its Entry into the Humanitarian World of NFTs Through the TrustedNFT.IO Platform
Geneva, Zug – October 4, 2021 - WISeKey International Holding Ltd (“WISeKey”, Nasdaq: WKEY / SIX: WIHN), a leading cybersecurity, IoT and AI company, today announced that is teaming with the OISTE.ORG foundation, whose acronym is given by its original name in French, Organisation Internationale pour la Sécuritédes Transactions Electroniques, to enter the humanitarian world of Non-Fungible Tokens (NFTs) through the WISeKey TrustedNFT.IO platform. OISTE holds special consultative status with the Economic and Social Council of the UN (ECOSOC) and is an accredited member of the Non-Commercial Users Stakeholders Group (NCSG) of ICANN as part of the Not-for-Profit Operational Concerns (NPOC) constituency.
The OISTE.ORG TrustedNFT.IO platform will be used to encourage humanitarian specific causes. The OISTE Foundation supports many global organizations that focus on human rights and sustainable development projects.
Specifically, the OISTE Foundation:
- Was amongst the first civil society organizations that subscribed and endorsed the International Principles on the Application of Human Rights to Communications Surveillance back in 2013.
- Follows closely the work of the UN Special Rapporteur on the Human Right to Privacy and organizes a panel as a side-event of the Human Rights Council, the objective of which is to create awareness and educate human rights activists on the relevance of this emerging topic.
- Endorses the “Principles on identification for sustainable development: Toward the Digital Age“ and aligns its practices with these principles.
- Supports the initiative of the Geneva Office of the United Nations, Perception Change project, a collective effort to show the relevance and impact of the work of Geneva-based International Organizations.
- Adheres to the Universal Guidelines for Artificial Intelligence proposed by The Public Voice: https://thepublicvoice.org/ai-universal-guidelines.
- Supports the work of the UN High-level Panel on Digital Cooperation and the analysis and recommendations contained in the report: “The Age of Digital Interdependence.”
The OISTE FOUNDATION
Founded in Switzerland in 1998, OISTE was created with the objectives of promoting the use and adoption of international standards to secure electronic transactions, expand the use of digital certification and ensure the interoperability of certification authorities’ e-transaction systems. The OISTE Foundation is a not for profit organization based in Geneva, Switzerland, regulated by article 80 et seq. of the Swiss Civil Code. OISTE is an organization in special consultative status with the Economic and Social Council of the United Nations (ECOSOC) and belongs to the Not-for-Profit constituency (NPOC) of the ICANN. http://www.oiste.org/
About WISeKey
WISeKey (NASDAQ: WKEY; SIX Swiss Exchange: WIHN) is a leading global cybersecurity company currently deploying large scale digital identity ecosystems for people and objects using Blockchain, AI and IoT respecting the Human as the Fulcrum of the Internet. WISeKey microprocessors secure the pervasive computing shaping today’s Internet of Everything. WISeKey IoT has an install base of over 1.6 billion microchips in virtually all IoT sectors (connected cars, smart cities, drones, agricultural sensors, anti-counterfeiting, smart lighting, servers, computers, mobile phones, crypto tokens etc.). WISeKey is uniquely positioned to be at the edge of IoT as our semiconductors produce a huge amount of Big Data that, when analyzed with Artificial Intelligence (AI), can help industrial applications to predict the failure of their equipment before it happens.
Our technology is Trusted by the OISTE/WISeKey’s Swiss based cryptographic Root of Trust (“RoT”) provides secure authentication and identification, in both physical and virtual environments, for the Internet of Things, Blockchain and Artificial Intelligence. The WISeKey RoT serves as a common trust anchor to ensure the integrity of online transactions among objects and between objects and people. For more information, visit www.wisekey.com.
Press and investor contacts:
| WISeKey International Holding Ltd Company Contact: Carlos Moreira Chairman & CEO Tel: +41 22 594 3000 info@wisekey.com | WISeKey Investor Relations (US) Contact: Lena Cati The Equity Group Inc. Tel: +1 212 836-9611 lcati@equityny.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 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 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 of WISeKey.
FAQ
What is the recent partnership announced by WISeKey?
How does WISeKey plan to use NFTs?
What is the significance of OISTE.ORG's status with the UN?
What are the potential benefits of WISeKey's NFT initiative?
When was the partnership with OISTE.ORG announced?
