Bilwee selects WISeKey’s WISeID technology to help Argentinian companies safely complete business transactions using the IBM Blockchain Technology Hyperledger
Argentinian companies use Bilwee's digital platform to settle their debts without the need of making any cash payments. The strategic collaboration with
“Our clients’ data is our most precious asset, thus it is essential to be able to provide absolute protection for all of their transactional information. WISeKey’s technology offers us the ability to safeguard our clients’ data,” commented
“For a company like Bilwee, which is experiencing a considerable increase in users who carry out almost daily transactions, the joint development of a next-generation digital certification and securitization solution will provide a unique and highly secure way to protect transactions,” said
The benefits of this collaboration agreements become even more important during the COVID-19 pandemic as many companies affected by the global shutdown are now struggling to build recovery strategies and governments are working to re-open their economies.
About
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.
About Bilwee
Bilwee is an automatic collection and payment management platform for companies that has an innovative feature that is not involving money in the process. Bilwee allows you to accelerate the collections and payments of customers and suppliers without using money. allows you to cancel what a company owes against what they owe you. The developed system allows to reduce the risk of bad debts to the maximum, avoid the risks and the implicit costs of the use of checks, transfers and cash deposits, improve cash flow, avoid using the credit line and reduce administrative costs. With more than 15,000 hours of development, Bilwee's powerful processing and analysis engine allows classifying, ordering, relating and executing up to 1,000,000 payment and collection procedures per day. This tool allows companies to have real-time information on the management of their collections and payments.
Bilwee aims to generate a sustainable payment chain for SMEs and large companies and the great challenge is to activate the economy.
Press and investor contacts:
Company Contact:
Chairman & CEO
Tel: +41 22 594 3000
info@wisekey.com
WISeKey Investor Relations (US)
Contact:
Tel: +1 212 836-9611
lcati@equityny.com
Company Contact:
President and CEO
Tel: +54 9 11 5165-4874
dcorrado@bilwee.com
Press contact from Bilwee
Contact:
Tel: + 54 9 11 6781-2306
mkt@bilwee.com
Disclaimer:
This communication expressly or implicitly contains certain forward-looking statements concerning
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
Source:
2020 GlobeNewswire, Inc., source