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SEALCOIN Unveils Major Milestones: From Satellite-Powered IoT Transactions to Launch of Marketing Campaign Ahead of Token Sale
Globenewswireยท 2025-05-22 13:20
Core Insights - SEALCOIN AG, a subsidiary of WISeKey, is advancing towards its token launch with significant milestones in decentralized IoT transactions [1][5] - The latest version of the SEALCOIN WhitePaper introduces an upgraded tokenomics model aimed at enhancing utility and governance for the upcoming TIOT token [2] - The Minimum Viable Product (MVP) of the SEALCOIN platform has been launched and is currently in beta testing, allowing real-time peer-to-peer device transactions [3] - A successful device-to-device transaction over satellite was completed in April 2025, demonstrating SEALCOIN's capability for secure microtransactions in off-grid environments [4] Company Overview - SEALCOIN is designed to enable scalable transactional IoT by embedding secure payment and authentication capabilities into IoT devices [6] - WISeKey operates as a Swiss-based holding company with several subsidiaries focusing on various technology aspects, including cybersecurity, digital identity, and IoT solutions [8] - WISeKey has deployed over 1.6 billion microchips across various IoT sectors, playing a crucial role in securing the Internet of Everything [9] Use Cases - Key use cases for SEALCOIN include energy trading, Device-as-a-Service (DaaS), smart home automation, and a data marketplace for secure IoT data exchange [7]