STOCK TITAN

WISeKey’s CEO, Carlos Moreira, to present the Company’s unique NFT Technologies at the H.C. Wainwright Cryptocurrency, Blockchain & Fintech Conference on April 27

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
conferences
Rhea-AI Summary

WISeKey announced that CEO Carlos Moreira will present unique NFT technologies at the H.C. Wainwright Cryptocurrency, Blockchain & Fintech Conference on April 27. The conference will showcase the TrustedNFT.IO platform for buying and selling prestigious NFTs. Scheduled for 7:00 AM ET, the presentation highlights the company's innovative approach combining blockchain, digital identity, and provenance technology. WISeKey also plans to launch NFT auctions for various products and services, promoting sustainability and charitable initiatives.

Positive
  • None.
Negative
  • None.

WISeKey’s CEO, Carlos Moreira, to present the Company’s unique NFT Technologies at the H.C. Wainwright Cryptocurrency, Blockchain & Fintech Conference on April 27

WISeKey’s management will also be participating in virtual one-on-one meetings on Monday, April 26th & Tuesday, April 27th. Interested investors should register at https://hcwevents.com/crypto to view the video presentation and request a virtual meeting with WISeKey’s management.

Geneva, Switzerland – April 22, 2021 - WISeKey International Holding Ltd (NASDAQ: WKEY; SIX: WIHN), a leading cyber security, IoT, and AI platform company today announced that its CEO, Carlos Moreira will present at the H.C. Wainwright virtual conference on Cryptocurrency, Blockchain & Fintech on Tuesday, April 27th at 7:00am ET.

WISeKey’s presentation at the H.C. Wainwright Cryptocurrency, Blockchain & Fintech Conference will focus on the launch of itsTrustedNFT.IO platform developed by the Company for buying and selling prestigious NFTs, including artwork and luxury goods (read more about WISeKey’s recent NFT auction, a world first of auctioning a luxury watch, at a New York Times article: https://www.nytimes.com/2021/04/12/fashion/watches-nft-auction-jean-claude-biver.html).

"By combining our Root of Trust with blockchain, Digital Identity and Provenance technology, we have created an innovative Trust Protocol that enables a wide range of use cases and business models for NFTs, simply not possible with current blockchain-based solutions on their own," said Mr. Moreira. "The first application of this collaboration auctioning of digital twins of luxury watches is a concrete example on the potential on this technology, which we indisputably move into the virtual world, yet make their illegal use impossible.”

With itsTrustedNFT.IO technologies, WISeKey will launch NFT auction of all sort of products and services such as tokenizing sustainability projects (https://www.wisekey.com/press/wisekey-and-sunx-strong-universal-network-a-global-initiative-for-climate-friendly-travel-to-introduce-the-first-ever-climate-change-and-sustainability-non-fungible-token-nft/), with funds collected from the NFT auction to go to charitable foundations supporting Sustainability & Climate Resilience and help kick start post pandemic travel recovery in a “Sustainable and Climate Friendly Way.” 

Other NFT projects are on the pipeline including the tokenization of architectural designs, books, intellectual property (IP), semiconductor design, Knowledge AI, etc., aiming to facilitate the sale, trade, and commercialization or otherwise monetization and bring new liquidity to this asset class for investors and innovators. Fungibility is undoubtedly a crucial feature in all the notable cryptocurrencies such as Ethereum and Bitcoin.

However, NFT specially when associated with Cryptographic Identities has evolved as a next generation token variant with certain unique features and some interesting applications that WISeKey uses to create a bridge between the real world and the Metaverse which represents the future of our online life which is essentially a shared virtual space. WISeKey’s unique Digital Identification NFT platform delivers the most secure and scalable blockchain backend for creating real digital twins for valuable objects. This unique approach will make it possible to mint provenance and a digital version into an NFT that contains smart contracts on how the digital twin may be used, removing any uncertainty of what an NFT actually means to a collector by delivering authenticated digital twins to the art and luxury market.

The computational core of this Metaverse is powered by WISeKey AI based Knowledge Automation and HIRO, its platform for data management and exchange.  The end-to-end integration with tracing, testing, symptom management adheres to the highest standards security and privacy by design based on WISeKey’s cybersecurity and identity management technologies.

Video of Carlos Moreira explain WISeKey NFT technology at Bezinga https://www.youtube.com/watch?v=nSWvBbZyQnY.

About WISeKey
WISeKey (NASDAQ: WKEY; SIX Swiss Exchange: WIHN) is a leading global cybersecurity company currently deploying large scale digital

FAQ

When is WISeKey's CEO presenting at the H.C. Wainwright conference?

Carlos Moreira, the CEO of WISeKey, will present on April 27 at 7:00 AM ET.

What will the presentation focus on?

The presentation will highlight WISeKey's TrustedNFT.IO platform for buying and selling NFTs.

What is the purpose of the TrustedNFT.IO platform?

The platform aims to facilitate NFT transactions for prestigious items, integrating digital identity and provenance.

How can investors register for WISeKey's virtual meetings?

Interested investors can register for virtual meetings on April 26 and 27 at https://hcwevents.com/crypto.

What types of products will WISeKey's NFT auctions include?

WISeKey plans to auction various products, including luxury goods and sustainability projects.

What is the significance of the NFT auction for sustainability?

Funds from the NFT auction will support charitable foundations focused on sustainability and climate resilience.

WISeKey International Holding AG American Depositary Shares

NASDAQ:WKEY

WKEY Rankings

WKEY Latest News

WKEY Stock Data

74.99M
9.79M
0.89%
0.25%
Semiconductors
Technology
Link
United States of America
Zug