WISeKey Subsidiary SEALCOIN AG Unveils New SEALCOIN.AI Website and Announces SEALCOIN Platform Development Update
WISeKey's subsidiary SEALCOIN AG has launched SEALCOIN.AI website, marking progress toward its Decentralized Physical Internet (DePIN) platform development. The platform, built on Hedera Hashgraph technology, aims to enable secure IoT transactions. Key features include device tokenization, non-custodial wallets, and online authentication certificates. A Beta release as MVP on Hedera TestNet is expected in Q1 2025, followed by production release and token issuance in mid-2025. The platform plans to list its token on digital exchanges by Q3 2025.
La sussidiaria di WISeKey, SEALCOIN AG, ha lanciato il sito SEALCOIN.AI, segnando un progresso nello sviluppo della sua piattaforma Internet Fisico Decentralizzato (DePIN). La piattaforma, costruita sulla tecnologia Hedera Hashgraph, mira a consentire transazioni IoT sicure. Le caratteristiche principali includono la tokenizzazione dei dispositivi, portafogli non custodial e certificati di autenticazione online. È previsto un rilascio Beta come MVP su Hedera TestNet nel primo trimestre del 2025, seguito dal rilascio in produzione e dall'emissione dei token a metà del 2025. La piattaforma prevede di quotare il proprio token su scambi digitali entro il terzo trimestre del 2025.
La subsidiaria de WISeKey, SEALCOIN AG, ha lanzado el sitio web SEALCOIN.AI, marcando un avance hacia el desarrollo de su plataforma de Internet Físico Descentralizado (DePIN). La plataforma, construida sobre la tecnología Hedera Hashgraph, tiene como objetivo permitir transacciones seguras de IoT. Las características clave incluyen la tokenización de dispositivos, billeteras no custodiales y certificados de autenticación en línea. Se espera un lanzamiento Beta como MVP en Hedera TestNet en el primer trimestre de 2025, seguido por el lanzamiento en producción y la emisión de tokens a mediados de 2025. La plataforma planea listar su token en intercambios digitales para el tercer trimestre de 2025.
WISeKey의 자회사 SEALCOIN AG가 SEALCOIN.AI 웹사이트를 출시하여 분산형 물리적 인터넷(DePIN) 플랫폼 개발에 진전을 보였습니다. 이 플랫폼은 Hedera Hashgraph 기술을 기반으로 하여 안전한 IoT 거래를 가능하게 하는 것을 목표로 합니다. 주요 기능으로는 장치 토큰화, 비관리형 지갑, 온라인 인증서가 포함됩니다. 2025년 1분기에 Hedera TestNet에서 MVP로 베타 출시가 예상되며, 2025년 중반에는 생산 출시와 토큰 발행이 이루어질 예정입니다. 이 플랫폼은 2025년 3분기까지 디지털 거래소에 토큰을 상장할 계획입니다.
La filiale de WISeKey, SEALCOIN AG, a lancé le site SEALCOIN.AI, marquant ainsi des progrès dans le développement de sa plateforme Internet Physique Décentralisé (DePIN). La plateforme, construite sur la technologie Hedera Hashgraph, vise à permettre des transactions IoT sécurisées. Les fonctionnalités clés incluent la tokenisation des appareils, des portefeuilles non custodiaux et des certificats d'authentification en ligne. Un lancement Beta en tant que MVP sur Hedera TestNet est prévu au premier trimestre 2025, suivi d'un lancement en production et d'une émission de tokens à mi-2025. La plateforme prévoit de lister son jeton sur des échanges numériques d'ici le troisième trimestre 2025.
Die Tochtergesellschaft von WISeKey, SEALCOIN AG, hat die Webseite SEALCOIN.AI gestartet, was einen Fortschritt bei der Entwicklung ihrer dezentralen physischen Internet (DePIN) Plattform markiert. Die Plattform, die auf der Hedera Hashgraph-Technologie basiert, zielt darauf ab, sichere IoT-Transaktionen zu ermöglichen. Zu den wichtigsten Funktionen gehören die Tokenisierung von Geräten, nicht custodial Wallets und Online-Zertifikate zur Authentifizierung. Eine Beta-Version als MVP auf Hedera TestNet wird im ersten Quartal 2025 erwartet, gefolgt von der Produktionsveröffentlichung und Token-Ausgabe in der Mitte des Jahres 2025. Die Plattform plant, ihr Token bis zum dritten Quartal 2025 an digitalen Börsen zu listen.
- Platform development progressing with clear timeline and milestones
- Strategic integration with Hedera Hashgraph technology
- Planned token listing on digital exchanges by Q3 2025
- No immediate revenue generation as platform launch is scheduled for mid-2025
- Development phase carries execution risks and potential delays
Insights
The launch of SEALCOIN.AI and platform development roadmap represents a strategic but speculative venture in the IoT blockchain space. The integration with Hedera Hashgraph provides technical advantages through high throughput and low latency, essential for IoT applications. However, the Q1 2025 beta timeline and mid-2025 production release indicate this is a long-term development project with no immediate revenue impact.
The platform's DePIN framework and device tokenization features address real market needs in IoT security and autonomous transactions. Yet, with a small market cap of
WISeKey Subsidiary SEALCOIN AG Unveils New SEALCOIN.AI Website and Announces SEALCOIN Platform Development Update
Zug, Switzerland – November 11, 2024 – WISeKey International Holding Ltd. (“WISeKey” or the “Company”) (SIX: WIHN, NASDAQ: WKEY), a global leader in cybersecurity, digital identity, and Internet of Things (IoT) innovations operating as a holding company, today announced that its subsidiary SEALCOIN AG has launched the official SEALCOIN platform website, SEALCOIN.AI. This new website will serve as a key informational hub as SEALCOIN progresses toward the full-scale development of its Decentralized PhysicalInternet (DePIN) platform and prepares for a major project milestone: the initial production release of the SEALCOIN platform, a groundbreaking system that facilitates secure, decentralized IoT transactions using the advanced Hedera Hashgraph technology.
Focused Development of the SEALCOIN Platform
The SEALCOIN platform, now in an advanced phase of development, is designed to enable secure, scalable, and autonomous transactions among IoT devices across industries. Built on the highly efficient Hedera Hashgraph, the platform aims to address core challenges in IoT connectivity, security, and data integrity. By providing decentralized transaction capabilities, SEALCOIN seeks to redefine the potential of IoT ecosystems.
The next major delivery milestone for SEALCOIN is a Beta release as a Minimum Viable Product (MVP) on the Hedera TestNet, expected in Q1 2025. The Beta version will enable developers and early adopters to interact with the core functionalities of the platform, including real-time decentralized IoT transactions, testing the platform’s performance, scalability, and interoperability with other systems. The SEALCOIN team aims to leverage this Beta testing phase to gather valuable user feedback, refine platform features, and validate its foundational protocols.
Key Features Under Development for the SEALCOIN Platform:
- DePIN Framework: SEALCOIN’s unique DePIN approach will provide IoT devices with the ability to conduct autonomous, secure transactions, laying the groundwork for a globally connected, self-sustaining IoT ecosystem.
- Hedera Hashgraph Integration: Using Hedera’s high-throughput, low-latency framework, SEALCOIN platform aims to deliver secure, scalable solutions for industries reliant on real-time data exchange among IoT devices, such as logistics, healthcare, and smart cities.
- Device Tokenization and Non-Custodial Wallets: SEALCOIN platform enables the tokenization of IoT devices, allowing each device to participate in autonomous, secure transactions using Transactional-IoT (TIOT) tokens. This feature links devices to non-custodial wallets, granting device owners full control and ensuring secure, decentralized settlements.
- Online Generation of Authentication Certificates: SEALCOIN platform offers the ability to generate Authentication Certificates online, providing each IoT device with a unique digital identity and ID attributes. This feature ensures that all devices interacting within the SEALCOIN ecosystem are securely authenticated and uniquely identifiable, enhancing trust and security across decentralized transactions.
Upcoming SEALCOIN Whitepaper and Tokenomics
In addition to the platform development, SEALCOIN’s whitepaper is available and includes technical and operational roadmap. This document gives full detail on SEALCOIN’s tokenomics, including token allocation, distribution, and vesting schedules, along with the token’s dual role as both a utility and payment instrument within the SEALCOIN ecosystem. The whitepaper also includes SEALCOIN’s governance framework, ensuring that its stakeholders are informed and engaged in the platform’s development journey.
Mid-2025: Platform Production Release and Token Issuance
Following the TestNet phase, SEALCOIN is on track for a production release and formal token issuance in mid-2025, paving the way for a new era of decentralized IoT transaction capabilities. This will mark the point at which SEALCOIN transitions into full operational status, ready for widespread industry adoption. SEALCOIN aims to list its token on a digital exchange by Q3 2025, ensuring liquidity and accessibility for global stakeholders.
About WISeKEY:
WISeKey International Holding Ltd (“WISeKey”, SIX: WIHN; Nasdaq: WKEY) is a global leader in cybersecurity, digital identity, and IoT solutions platform. It operates as a Swiss-based holding company through several operational subsidiaries, each dedicated to specific aspects of its technology portfolio. The subsidiaries include (i) SEALSQ Corp (Nasdaq: LAES), which focuses on semiconductors, PKI, and post-quantum technology products, (ii) WISeKey SA which specializes in RoT and PKI solutions for secure authentication and identification in IoT, Blockchain, and AI, (iii) WISeSat AG which focuses on space technology for secure satellite communication, specifically for IoT applications, (iv) WISe.ART Corp which focuses on trusted blockchain NFTs and operates the WISe.ART marketplace for secure NFT transactions, and (v) SEALCOIN AG which focuses on decentralized physical internet with DePIN technology and house the development of the SEALCOIN platform.
Each subsidiary contributes to WISeKey’s mission of securing the internet while focusing on their respective areas of research and expertise. Their technologies seamlessly integrate into the comprehensive WISeKey platform. WISeKey secures digital identity ecosystems for individuals and objects using Blockchain, AI, and IoT technologies. With over 1.6 billion microchips deployed across various IoT sectors, WISeKey plays a vital role in securing the Internet of Everything. The company’s semiconductors generate valuable Big Data that, when analyzed with AI, enable predictive equipment failure prevention. Trusted by the OISTE/WISeKey cryptographic Root of Trust, WISeKey provides secure authentication and identification for IoT, Blockchain, and AI applications. The WISeKey Root of Trust ensures the integrity of online transactions between objects and people. For more information on WISeKey’s strategic direction and its subsidiary companies, please visit www.wisekey.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 the Swiss Financial Services Act (“FinSA”), the FinSa's predecessor legislation or advertising within the meaning of the FinSA. 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.
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) The Equity Group Inc. Lena Cati Tel: +1 212 836-9611 / lcati@equityny.com Katie Murphy Tel: +1 212 836-9612 / kmurphy@equityny.com |
FAQ
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