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WISeKey Launches its Enhanced INeS AI Security Broker Solution
GlobeNewswire News Room· 2024-10-24 05:00
Core Insights - WISeKey International Holding has launched an enhanced INeS AI Security Broker solution that integrates AI with Public Key Infrastructure (PKI) technologies to improve the secure verification of credentials for IoT devices and business applications [1][2]. Group 1: Product Features - The INeS AI Security Broker offers seamless integration with any IoT platform, supporting secure issuance of digital certificates and lifecycle management [3]. - It utilizes AI-powered insights for automatic pattern recognition and anomaly detection from sensor data, enhancing real-time security [3]. - Proactive threat management is enabled through AI-enhanced PKI solutions, which automate security processes and utilize predictive analytics to identify vulnerabilities [3][4]. Group 2: Industry Challenges - The increasing number of digital identities and devices is straining traditional PKI systems, leading to operational burdens for system administrators [4]. - Disruptions in digital identity management can result in significant security risks and operational downtime, necessitating more efficient management solutions [4]. Group 3: Strategic Implications - The integration of AI into PKI enhances security and builds trust in digital identity management, allowing organizations to better manage the complexities of IoT networks [6]. - WISeKey aims to form strategic partnerships to provide tailored AI and PKI solutions, addressing the technical complexities that hinder adoption [5][6]. - The company is committed to advancing its technology platform and maintaining long-term relationships with strategic partners to leverage cutting-edge cybersecurity solutions [6]. Group 4: Company Overview - WISeKey specializes in cybersecurity, digital identity, blockchain, IoT solutions, and post-quantum semiconductors, providing secure platforms for data and device management across various industries [7][9]. - The company focuses on ensuring encrypted communications and authentication through its PKI, while also developing post-quantum technologies to future-proof its security solutions against quantum computing threats [9].
WISeKey Subsidiary WISeSat to Launch Second Proof of Concept for SEALCOIN Token
GlobeNewswire News Room· 2024-10-14 13:20
Core Viewpoint - WISeKey's subsidiary WISeSat is set to launch the second Proof of Concept (PoC) for the SEALCOIN token, enabling transactions via satellites to IoT devices, marking a significant advancement in secure machine-to-machine (M2M) transactions [1][3][10] Group 1: SEALCOIN and PoC Developments - The upcoming PoC will utilize a new generation of WISeSat satellites, enhancing operational capabilities for M2M transactions from space, thus supporting decentralized transactions across various IoT devices [2][10] - The first PoC for SEALCOIN was successfully conducted in August, demonstrating the feasibility of M2M transactions within a terrestrial framework, paving the way for the upcoming space-based transactions [4][8] - SEALCOIN's platform is designed to facilitate autonomous transactions between IoT devices without human intervention, leveraging Decentralized Ledger Technology (DLT) for secure and transparent exchanges [3][11] Group 2: Technological Innovations - The SEALCOIN platform integrates physical security infrastructure with DLT components, ensuring that all device interactions occur within a secure ecosystem, thus eliminating vulnerabilities associated with centralized transaction models [7][11] - The technology behind SEALCOIN includes a Secure Element embedded in semiconductor devices, which autonomously validates and verifies transactions, utilizing elliptic curve cryptography compatible with Hedera's DLT [5][6] Group 3: Strategic Vision and Future Implications - The launch of the new generation of WISeSat satellites in January 2025 is expected to accelerate the vision of a decentralized, space-powered IoT network, enhancing the capabilities of IoT devices to manage transactions securely [1][10] - SEALCOIN aims to revolutionize the IoT landscape by enabling devices to autonomously negotiate and execute transactions, creating a decentralized marketplace for service-for-payment exchanges [9][11]
WISeKey to Launch Enhanced WISePhone.CH 2025 Edition with Advanced Capabilities
GlobeNewswire News Room· 2024-10-08 17:04
Core Viewpoint - WISeKey International Holding Ltd is set to launch the enhanced WISePhone.CH 2025 Edition in Q2 2025, featuring significant advancements in security and performance for digital communications [1][2]. Group 1: Product Features and Security Enhancements - The WISePhone.CH 2025 Edition will introduce a comprehensive suite of new features aimed at protecting individual and IoT device data through advanced blockchain technology [2][3]. - It is designed to be an affordable and versatile tool that enhances mobility while ensuring the confidentiality of intellectual property and sensitive communications [3]. - The phone will support secure communications via encrypted email and voice services, secure digital identity management, and cloud-based data protection [4]. Group 2: Applications and Cryptocurrency Integration - The device will come pre-installed with WISeKey's suite of security solutions, including WISeID and WISeTalk, which provide encrypted voice calls, secure texting, and file transfer capabilities [5]. - WISePhone.CH will be the first smartphone powered by SEALCOIN, WISeKey's proprietary cryptocurrency, enabling secure transactions on-the-go [5][6]. Group 3: Advanced Security Features - The WISeID feature secures users' digital assets and personal data in an encrypted enclave, supported by WISeKey's secure Swiss cloud [7]. - The multi-factor authentication system, WISeAccess, enhances security by ensuring that only authorized individuals can access the full suite of applications [7]. Group 4: Company Overview and Technological Focus - WISeKey specializes in cybersecurity, digital identity, blockchain, IoT solutions, and post-quantum semiconductors, providing secure platforms for data and device management across various industries [9][10]. - The company is focused on future-proofing its security solutions against quantum computing threats through advanced semiconductors that support encryption resilient to quantum attacks [10].
WISeKey's Extensive Expertise Lays the Foundation for the Development of a Semiconductor Manufacturing Project in Switzerland
GlobeNewswire News Room· 2024-10-01 05:00
Core Message - WISeKey is launching a major semiconductor fabrication facility (fab) project in Switzerland to enhance the country's self-reliance in chip production and position Switzerland as a hub in the semiconductor industry [1] WISeKey's Expertise and Vision - WISeKey has extensive expertise in semiconductors through its subsidiary SEALSQ Corp, which focuses on semiconductors, PKI, and post-quantum technology products [2] - The company aims to reduce reliance on foreign semiconductor manufacturing and enhance global supply chain security through Public-Private Partnerships (PPPs) [2] - WISeKey's vision includes establishing local semiconductor personalization centers to ensure a consistent supply of essential microchips, particularly for industries like automotive, aerospace, and healthcare [13][14] Semiconductor Fab Project in Switzerland - The project will start with a mini fab and gradually expand into a full-scale semiconductor fab over the next 10 years, with initial costs ranging from $100 million to $1.5 billion [4] - The phased approach allows for manageable investment, initial production capabilities, and flexibility to scale operations in line with technological advancements and market demands [4] - The fab will mitigate Switzerland's reliance on semiconductor imports, enhance domestic chip production, create jobs, and attract further investments in the technology sector [5] National and Economic Benefits - Technological Sovereignty: The fab will reduce Switzerland's dependency on foreign semiconductor suppliers, ensuring access to critical chips for industries like healthcare, automotive, aerospace, and IoT [6] - Economic Growth and Job Creation: The project will create thousands of high-skilled jobs and boost Switzerland's economic growth, positioning the country as a leader in the global technology market [6] - Innovation and R&D Hub: The fab will strengthen Switzerland's innovation ecosystem, attracting global companies to invest in R&D in fields like quantum computing, AI, and secure communications [6] - Strengthened Global Supply Chains: Switzerland's fab will contribute to the diversification of the global semiconductor supply chain, making it more resilient against disruptions [6] - Attracting Further Investments: The fab will serve as a magnet for investment in Switzerland's electronics and technology sectors, driving the growth of a high-tech ecosystem [7] Global Semiconductor Landscape - The global semiconductor shortage has prompted major economies to invest heavily in local chip production, with many countries enacting "chips acts" and stimulus packages to support domestic semiconductor industries [8] - Switzerland is positioned to leverage its resources and capabilities to strengthen chip development efforts, fostering a new cluster of semiconductor innovation and contributing to the diversification of the global supply chain [9] Cost Projections and Government Incentives - The cost of building a mini fab ranges from $100 million to $1.5 billion, depending on the technology level, production capacity, and complexity of the chips being manufactured [10][11] - Government incentives for building and operating advanced semiconductor fabs have become increasingly active, providing countries like Switzerland with opportunities to strengthen their semiconductor capabilities [12] Advancements in Post-Quantum Technology - SEALSQ has integrated Kyber and Dilithium CRYSTAL quantum-resistant algorithms into its secure hardware platform, marking a breakthrough in post-quantum technology [16] - The QUASARS project, based on the WISeKey Secure RISC V platform, is paving the way for the Post-Quantum Cryptography era, with strong support from the French Secured Communicating Solutions (SCS) Cluster [17] WISeKey's Role in IoT and Cybersecurity - WISeKey is part of the NIST National Cybersecurity Center of Excellence (NCCoE) project, which aims to establish best practices for trusted IoT device onboarding [18] - The company has deployed over 1.6 billion microchips across various IoT sectors, securing digital identity ecosystems using Blockchain, AI, and IoT technologies [21][22]
WISeKey Announces OISTE's Participation at the Summit of the Future
GlobeNewswire News Room· 2024-09-23 21:41
WISeKey Announces OISTE's Participation at the Summit of the Future New York, New York - September 23, 2024: WISeKey International Holding Ltd. ("WISeKey") (SIX: WIHN, NASDAQ: WKEY), a leader in cybersecurity, AI, Blockchain, and IoT operating as a holding company, today announced that OISTE.org, a non-governmental organization, recently participated in a pivotal event at the UN Headquarters in New York, where world leaders gathered for the Summit of the Future. OISTE holds special consultative status with ...
WISeKey's SEALCOIN Project Leverages Hedera DLT: Invites IoT Companies to Perform Proof of Concept (PoC) for Transactional-IoT (t-IoT) Technology
GlobeNewswire News Room· 2024-09-11 12:55
WISeKey's SEALCOIN Project Leverages Hedera DLT: Invites IoT Companies to Perform Proof of Concept (PoC) for Transactional-IoT (t-IoT) Technology For more information see PoC video: https://youtu.be/daOvoOxqGvQ Geneva – September 11, 2024 - WISeKey International Holding Ltd. ("WISeKey") (SIX: WIHN, NASDAQ: WKEY), a leader in cybersecurity, AI, Blockchain, and IoT operating as a holding company, is inviting companies to participate in a groundbreaking machine-to-machine PoC for its innovative t-IoT technolog ...
WISeKey Presents Digital Transformation Initiatives at APBA Event in Spain
GlobeNewswire News Room· 2024-09-05 05:00
WISeKey Presents Digital Transformation Initiatives at APBA Event in Spain Algeciras, Spain – September 5, 2024: WISeKey International Holding Ltd. ("WISeKey" or "Company") (SIX: WIHN, NASDAQ: WKEY), a leading global cybersecurity, digital identity, and Internet of Things (IoT) company, participated in a key event at La Autoridad Portuaria de la Bahía de Algeciras (APBA) under the theme "Upcoming Digital Entrepreneurship Initiatives in the Campo de Gibraltar." The event, held in collaboration with WISeKey a ...
SEALCOIN Technology Successfully Tested in a Proof of Concept for Transactional-IoT M2M
GlobeNewswire News Room· 2024-08-05 05:00
Core Insights - WISeKey International Holding Ltd has successfully executed a Proof of Concept (PoC) for its Transactional-IoT technology, Project SEALCOIN, marking a significant advancement in the disintermediation of service providers for interconnected devices [1][5] - The company is establishing SEALCOIN AG as a Special Purpose Vehicle to support the development of its decentralized technology project [1] Technology Overview - Transactional-IoT enables automated communication and transactions between devices in the IoT ecosystem, utilizing advanced technology embedded in semiconductor devices for autonomous transaction validation [2] - The Secure Element within the technology protects the private key and certificate that represent the device's unique identity, ensuring high security standards [3] - The integration with Hedera's Decentralized Ledger Technology (DLT) allows devices to authenticate and sign transactions in real-time, enhancing security and transparency [3][4] Development Plans - The CEO of WISeKey announced the launch of the SEALCOIN platform development, aiming to deliver a Minimum Viable Product (MVP) by Q4 2024 [4] - SEALCOIN will leverage Hedera's DLT for its decentralized infrastructure, which is known for high performance, security, and stability [4] Strategic Vision - The successful PoC reinforces SEALCOIN's commitment to innovation and setting new standards in the IoT landscape, with a focus on creating a safer, more interconnected world [5][6] - SEALCOIN aims to revolutionize the IoT by enabling devices to autonomously transact and coordinate service-for-payment exchanges, enhancing security, efficiency, and trust [6] Company Background - WISeKey is a global leader in cybersecurity, digital identity, and IoT solutions, operating through various subsidiaries that focus on specific technology areas [7][9] - The company has deployed over 1.6 billion microchips across various IoT sectors, playing a crucial role in securing the Internet of Everything [9]
WISeKey Subsidiary WISe.ART Revolutionizes Ultra-Luxury Market with Strategic Move to Web 3.0 Platform
GlobeNewswire News Room· 2024-07-09 16:24
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 postquantum technology products, (ii) WISeKey SA which specializes in RoT and PKI solutions fo ...
WISeKey Announces the Establishment of SEALCOIN AG Subsidiary
GlobeNewswire News Room· 2024-07-02 17:08
Special Purpose Vehicle to House Operations of the Revolutionary SEALCOIN Project The SEALCOIN project aims to underpin decentralization ambitions on a global scale, setting a new standard for secure and efficient decentralized transactions. The project began in January 2024 at WISeKey's semiconductor subsidiary, SEALSQ Corp ("SEALSQ") (NASDAQ: LAES), as a proof of concept. Strategic investment from The Hashgraph Association will allow SEALCOIN to integrate its advanced decentralized solutions with the lead ...