WISEKEY INTERNATIONAL HOLDING AG
WISeKey, Casper Labs, Ocean Protocol and Fossa Systems to Hold a Special
NFT Event on May 18 to Discuss TrustedNFT.IO Platform
Geneva, Switzerland -- May 6, 2021: WISeKey International Holding Ltd.
("WISeKey") (SIX: WIHN, NASDAQ: WKEY), a leading global cybersecurity
and IoT company, announced today that on May 18, 2021 will hold "The
Leading Trusted Non-Fungible Token Webinar" in cooperation with Casper
Labs, Ocean Protocol and Fossa Systems to discuss the technology behind
the launch of the first ever Non-Fungible Token (NFT) from Space. A
PocketPod deployer developed by FOSSA Systems will launch in June 2021
aboard a Falcon 9 rocket by SpaceX.
Interested parties can be register at
https://us02web.zoom.us/webinar/register/WN_Y7FANgpBT_-hrHiv7WN6qA
Date & Time May 18(th) - 03:00 PM CET
Title The Leading Trusted Non-Fungible Token Event
Speakers -- Carlos Creus Moreira, CEO and Founder of WISeKey
-- Trent McConaghy, Founder of Ocean Protocol
-- Ashok Ranadive, Director of Professional Services
at CasperLabs
-- Chris Boos, CTO of WISeKey (Founder of Arago)
-- Sebastien Fanti, CEO and Founder of Lexing
-- Julian Fernandez, CEO and Founder of Fossa Sytems
During the webinar WISekey will introduce the TrustNFT.IO platform a
suite of cutting-edge technologies which in association with Open
Protocol and CasperLabs will combine the WISeID with NFT transactions to
ensure users' privacy, security and safety whilst providing access to
NFT trading.
WISeKey has joined forces with CasperLabs, the developer of Casper, the
most reliable and secure blockchain for businesses, to bring trust to
the hype around NFT with the launch of TrustedNFT.io. This strategic
partnership will provide a dedicated, secure marketplace on the Casper
Network for buying and selling NFTs, including artwork and luxury goods.
The first major auction will occur in Summer 2021, with more information
to come soon.
"By combining our Root of Trust with the Casper blockchain, we have
created an innovative Trust Protocol that enables a wide range of use
cases and business models, simply not possible with current
blockchain-based solutions on their own," said Carlos Moreira, Founder
and CEO of WISeKey. "The first application of this collaboration will be
the auctioning of digital twins of artwork and luxury collectibles,
which we indisputably move into the virtual world, yet make their
illegal use impossible."
Casper blockchain is the first fully decentralized, truly scalable
blockchain designed for real-world speed and security. Casper's familiar
tools, open architectures and expert support make it simple and readily
accessible for developers, and its public software platform makes
pricing predictable and transparent for businesses. Unlike first
generation blockchains, Casper provides an upgradable infrastructure
that powers innovation and facilitates deployments across public,
private and hybrid environments.
"CasperLabs is committed to ensuring successful outcomes for
organizations looking to build innovative applications on the Casper
Network," said Mrinal Manohar, Cofounder and CEO at CasperLabs. "Our
partnership with WISeKey will set a new standard for responsible and
secure NFT transactions during a period of historic interest. Both teams
are deeply committed to delivering a more environmentally friendly and
scalable option for the NFT community as it continues to evolve and
excite new audiences worldwide."
Casper Network's Proof-of-Stake (PoS) architecture allows for a higher
volume of secure transactions with no drop off in performance, while
producing a fraction of the energy expended by traditional blockchain
protocols. As interest in NFTs continues to accelerate, both
organizations are committed to promoting a more environmentally-friendly
consumption and distribution model.
With the support of CasperLabs, WISeKey's unique Digital Identification
NFT platform technology will run on the Casper Network to deliver 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.
WISeKey and Ocean are working together to launch WISeART, a
decentralized marketplace for physical paintings, sculptures, and more.
The marketplace will include NFTs to represent the physical work,
combined with fungible tokens for more fluid price discovery, and enable
staking on physical artworks.
The marketplace combines the strengths of WISeKey and Ocean. WISeKey has
developed specialized chips to link physical items with NFTs, and
world-class blockchain identity technology. Ocean has developed powerful
decentralized marketplace technology, battle-hardened in the domain of
data. Combined with WISeKey's NFTs, this marketplace technology readily
ports to the domain of physical art and offers other benefits given the
Ocean team's pioneering experience in blockchain art platforms.
Purchasing an exclusive piece of art is always a matter of great joy,
but this purchase comes with the concern that the work may be stolen,
the art itself may not be an original, or its provenance might not be
verifiable. While most high-end art collectors find it difficult to stop
such acts, WISeKey's WISeART technology takes steps to protect exclusive
pieces of artwork. It combines cutting-edge authentication
microprocessors with identity blockchain technology, which together with
on-the-ground measures can ensure the authenticity of the artwork (see
video
https://www.globenewswire.com/Tracker?data=-Ceuouv-B1-AxXB5D8xZOAlCUiuw2xgnoWCor_xRWLXEYWiezzdmUuGO9oO1y1PvYwbQ1e1tGiJIGkiGHMWQP2HerdzbvOd1Du4CKyHk9TbUT9IUOi5saTz7YolNJo0F8qRhwS7wp4mW2xL3yhs9cz7h_xILmrZzZ-Z_P4Snjsb0BTw-IskhcJhNYLC5AvjUsNyWUU8GBmoy6ze1dVoRJHivJBdkVdoMhClSaqqeY8Q0HVBOBy6P60eNuYwu2TUyV30Cg5w1EvPF_vsBiniEn2NPjHRu6mnGtRIN9Vdxnu-jkI_CE9xd4bYV3ucsxYT_ehng09hVYIzamQzQOvQDav3hUSR4hX_L4Wop73CLaJjG-P2aDMfYTiM7KbP11RMhz7iMzSxwHFkXBj3GoqYq3716sieRJe89fUWtpLDp_0NLveohF-hnc1x1E6lCJN_wT9t_I_SbVZDzL6kYRdxpjSO3W4v_MtFQFSdx5hBT_ZDeGvdAvfE0j-AM3b8HoTe7
https://youtu.be/oNvhMvdchGk). Moreover, if the art is stolen, it can be
traced, making it difficult to be traded on the secondary market. This
control is possible to practice because each artwork's identity is
stored on an immutable ledger (blockchain) in the implemented system.
Press and investor contacts:
WISeKey International Holding Ltd WISeKey Investor
Company Contact: Carlos Moreira Relations (US)
Chairman & CEO Contact: Lena
Tel: +41 22 594 3000 Cati
mailto:info@wisekey.com info@wisekey.com The Equity Group
Inc.
Tel: +1 212 836-9611
mailto:lcati@equityny.com
lcati@equityny.com
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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 1.5 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
https://www.globenewswire.com/Tracker?data=mbYowMlXzLGTwWgYOnYxukHZylUMjaRBm0lRT_Bm56nD8htfb668pHvUgHYCVjatgRR9nUeeNnVwirYLf8Roat9qOo2KIkM1HcUT2bkEhk6fephO-Mjg_2U-mMFZ-szerxH8q-no76m_OqBj28waW2DGGyb9m_xAWBCrgulpeld2eKpBAfCRE2S1FGtdAwmX3LhuepjDH0cilFV-lkt4M5-BOonEj66I3zz7Y1gLoY0RlL0gUOA394I94_E0tzi55Xkk38obrW8s95pYc7VanhnNQsbi1xy3Do8SUaTffnCw5jHQqgf2kupK_HgaSWyz9MXWGaFrtaizatr4gRCCd38AeGhM-u4sN4racVDJBrFI37ii4g2V0HVfyI1ze8x23UJQRzrtx1gF3Q5R7xV_-ywqkBlU4VJ75zWVmhP07_c=
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 (MORE TO FOLLOW) Dow Jones Newswires
May 06, 2021 12:00 ET (16:00 GMT)
