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SEALSQ Launches "Convergence" – a Strategic Initiative Unifying AI, Quantum, and Next-Generation Technologies Across Post-Quantum, Tokenization, Satellites, Encryption, DePIN, Machine-to-Machine Tokenization, Digital Identity, and Root of T
Globenewswire· 2025-08-27 13:25
Core Insights - SEALSQ Corp has launched the "Convergence" initiative to integrate advanced technologies including AI, Post-Quantum Cryptography, and decentralized identity into a unified roadmap [2][4] - The initiative aims to build a resilient digital trust architecture that ensures secure interactions among people, objects, and machines on a global scale [4][10] Technology Integration - Convergence combines SEALSQ's Quantum Roadmap with AI-driven automation, decentralized identity, and satellite connectivity to address the challenges posed by quantum computing [4][10] - The initiative includes the deployment of WISeSat, which operates a constellation of 22 satellites for secure IoT communication [3][6] Use Cases and Applications - SEALSQ's technologies are already deployed in various sectors, including healthcare, IoT security, and financial services, demonstrating their practical applications [6][7] - The company focuses on embedding post-quantum cryptography across its products to safeguard against quantum threats [6][12] Strategic Goals - The Convergence initiative aims to position SEALSQ as a leader in a quantum-resilient, AI-empowered digital economy, facilitating secure transactions across diverse platforms [10][15] - The initiative also seeks to expand through collaboration with startups, enhancing innovation and real-world applications [8][15] Key Components of Convergence - The initiative is built on ten core pillars, including AI & Quantum Roadmap, WISeID Decentralized Digital Identity, and Machine-to-Machine Tokenization [15] - Each pillar focuses on enhancing security, trust, and interoperability in digital transactions and infrastructures [15] Company Background - SEALSQ is recognized for its innovations in Post-Quantum Technology, emphasizing the development of quantum-resistant cryptography and semiconductors [11][12] - The company has been laying the foundation for digital trust for over two decades, showcasing its commitment to security and resilience in the face of evolving technological threats [8]
SEALSQ and WISeKey Launch the Quantum Corridor: A New Era of Cross-Border DeepTech Innovation
GlobeNewswire News Room· 2025-07-01 12:30
Core Insights - The Quantum Corridor is a transnational innovation infrastructure connecting quantum, AI, cybersecurity, and semiconductor projects across Spain, France, Switzerland, and the United States [2][3][11] Spain Projects - The initiative began in La Línea de la Concepción, Spain, with the creation of LLG4IR.com, aimed at revitalizing border regions through high-tech corridors [4] - LLG4IR is linked with Málaga TechPark, which hosts over 600 companies, forming a Southern Spain innovation cluster focused on quantum-safe computing and trusted IoT infrastructure [5] - A €40 million Quantum Edge Hub is being developed in Murcia, co-financed by the Spanish government and private investors, with SEALSQ and WISeKey investing €10 million [6] France Projects - In France, SEALSQ's operational HQ in Aix-en-Provence focuses on developing post-quantum semiconductors and identity-focused microchips [7] - SEALSQ acquired IC'Alps, a custom ASIC design house, to pivot towards Quantum ASIC development, enhancing its semiconductor capabilities [8] Switzerland Projects - Geneva serves as the coordination hub for the Quantum Corridor, hosting WISeKey and SEALSQ, and features the WISeID platform for secure digital identity [9] US Projects - SEALSQ USA, based in Arizona, aims to expand the corridor's reach into North America, focusing on secure supply chain integration and post-quantum standardization [10] Technology Focus - SEALSQ specializes in Post-Quantum Technology, integrating semiconductors, PKI, and cryptography to address security challenges posed by quantum computing [12][13]
WISeKey to Present at Maxim Tech Conference “Discover the Innovations Reshaping Tomorrow” on June 3 at 8:30am ET
GlobeNewswire News Room· 2025-06-02 05:00
Core Viewpoint - WISeKey International Holding Ltd will present at the Maxim Group 2025 Virtual Tech Conference, focusing on innovations in cybersecurity, blockchain, and IoT [1][2] Group 1: Company Overview - WISeKey is a global leader in cybersecurity, digital identity, and IoT solutions, operating through several subsidiaries dedicated to specific technology areas [3] - The subsidiaries include SEALSQ Corp for semiconductors and post-quantum technology, WISeKey SA for secure authentication in IoT, WISeSat AG for satellite communication, WISe.ART Corp for blockchain NFTs, and SEALCOIN AG for decentralized internet technology [3][4] Group 2: Technological Integration - The company is advancing its platform through the "Year of Convergence," integrating various cybersecurity offerings into its revenue stream [2] - WISeKey has deployed over 1.6 billion microchips across IoT sectors, playing a crucial role in securing the Internet of Everything [4] Group 3: Strategic Direction - The company focuses on securing digital identity ecosystems using Blockchain, AI, and IoT technologies, ensuring the integrity of online transactions [4]
SEALSQ Invests in Wecan Token to Advance Post-Quantum Digital Identity and Strengthen Blockchain Security, following a Strategic Partnership with SOLANA
Globenewswire· 2025-05-27 12:30
Core Viewpoint - SEALSQ Corp has made a strategic investment in Wecan Token to enhance its digital identity solutions and reinforce its commitment to secure and decentralized identity management [1][2]. Group 1: Investment and Strategic Importance - The investment in Wecan Token is a significant step towards enabling trusted KYC processes and digital identity services using blockchain technology [2]. - SEALSQ is establishing a dedicated reserve of Wecan Tokens to support its digital trust ecosystem and future integrations [2]. Group 2: Integration and Use Cases - By integrating Wecan Token with SEALSQ's WISeID platform, the company aims to enhance secure identity verification across regulated industries, including KYC compliance and digital onboarding [3]. - The Wecan Token serves as a utility token for secure digital signatures, consent management, and verified data sharing, facilitating legally binding digital transactions [5]. Group 3: Benefits for Financial Institutions - Financial institutions can benefit from reduced operational costs, enhanced security, and improved customer trust through seamless digital interactions enabled by the integration of Wecan Token [6]. - The use of verifiable credentials and blockchain-based identity proofs streamlines onboarding processes and minimizes manual verification efforts [8]. Group 4: Future Growth Potential - The Wecan Token has a capped supply of 6 billion tokens and is positioned to play a crucial role in next-generation digital services, particularly in identity management and digital signature workflows [7]. - SEALSQ's investment reflects a long-term belief in decentralized identity, aiming to set new standards for privacy and trust in the digital economy [8][9]. Group 5: Wecan Group Overview - Wecan Group, founded in 2015, specializes in blockchain-based solutions for secure data management, focusing on improving data handling efficiency for various sectors [9][11]. - Wecan Comply is a leading platform for orchestrating KYC and KYB compliance data, connecting financial institutions through a secure data exchange protocol [10].
SEALSQ Provides Integration Update: Wecan Token Expands Utility with Verified Identity from WISeID
Newsfilter· 2025-04-14 12:30
Core Insights - SEALSQ Corp has made a strategic investment in Wecan Group, acquiring a 30% equity stake, which integrates their compliance technologies, WISeID and Wecan Comply [2][3] - The collaboration enhances the utility of the Wecan Token, allowing users to purchase WISeID Verified Identities, thus establishing it as a global standard for digital identity services [5][8] - The partnership aims to address the significant compliance costs faced by financial institutions, potentially reducing these costs by at least 30% through centralized verified identity data [6] Company Overview - SEALSQ Corp specializes in developing semiconductors, PKI, and Post-Quantum technology solutions, focusing on security challenges posed by quantum computing [12][13] - Wecan Group, founded in 2015, provides blockchain-based solutions for secure data management, particularly in KYC and KYB compliance [9][10] - The integration of WISeID and Wecan Comply positions the Wecan Token as a new standard for transactional digital identity, promoting a more secure and efficient identity verification system [7][8] Market Context - The annual compliance burden on financial institutions can reach up to $3,500 per customer, with over 1.4 billion unbanked individuals globally [6] - The anticipated demand for tokenized identity services is expected to drive significant value appreciation for the Wecan Token, which has a capped supply of 6 billion tokens [8] - The collaboration aims to create a secure, tokenized framework that is resistant to fraud, particularly in the context of increasing AI-generated document fraud [7]