March 24, 2021 (Investorideas.com Newswire) – WISeKey $WKEY introduces WISe.Artwork, a digital certificates of authenticity – a “non-fungible token” (NFT) – that lives without end on the blockchain, unchanged and unchallengeable, as proof of purchaser’s possession
WISeKey’s cutting-edge Digital Identification already protects over 2 million luxurious objects minted on the blockchain doubtlessly represented by trusted NFTs
WISe.ART strategies embrace using cutting-edge authentication microprocessors mixed with identification blockchain know-how, which along with on-the-ground measures can make sure the authenticity of the art work – see video https://youtu.be/oNvhMvdchGk
Samples of WISe.ART on OpenSea NFT MarketPlace https://opensea.io/accounts/WISeArt
Geneva, Switzerland – March 24, 2021 – WISeKey Worldwide Holding Ltd (NASDAQ: WKEY) (WIHN.SIX), a Swiss based mostly cyber safety, IoT, AI platform firm, in the present day introduced the launch of WISeArt, a certificates of authenticity – a “non-fungible token” (NFT) – that can dwell without end on the blockchain, unchanged and unchallengeable, as proof of the client’s possession.
A WISeKey NFT is a unit of knowledge on the blockchain, the place every NFT represents a singular digital merchandise, corresponding to an art work, audio, video, an merchandise in video video games or different types of artistic work. Whereas digital recordsdata themselves are infinitely reproducible, NFTs representing them are traced on their underlying blockchains and supply patrons with proof of possession. Blockchains corresponding to Ethereum, Bitcoin Money and Circulate, every have their very own token requirements to outline their use of NFTs.
NFTs can be utilized to commodify digital creations, corresponding to digital artwork, online game objects, and music recordsdata. Artwork creators have been utilizing NFTs to capitalize on their work via cryptographic instruments, however issues and questions stay about authorship, authenticity and who may declare sole rights over the artwork.
Buying an unique piece of artwork is at all times a matter of nice pleasure and pleasure, however this buy comes with the priority that the timepiece perhaps stolen, the artwork itself will not be an authentic or its provenance won’t be verifiable. Whereas most high-end artwork collectors discover it extraordinarily troublesome to cease such acts, WISeKey with its WISeArt know-how, has taken steps to guard unique items of art work. Dependable strategies embrace using cutting-edge authentication microprocessors mixed with identification blockchain know-how, which along with on-the-ground measures can make sure the authenticity of the art work (see video https://youtu.be/oNvhMvdchGk). Furthermore, if the artwork is stolen, it may be traced thus making it troublesome to be traded on the secondary market. This management is feasible to follow as a result of the identification of every art work is saved on an immutable ledger within the applied system.
Whereas most individuals think about blockchain applied sciences as a significant part in securing cryptocurrencies corresponding to Bitcoin, the cryptography and safety inherent within the blockchain mixed with PKI and microprocessors system may be utilized for storing info, making transactions and performing features for web-based providers that demand excessive safety necessities for an impenetrable international attain.
WISeAuthentic blockchain, gives manufacturers with the flexibility of:
issuing a storage gadget comprising of a digital certificates of authenticity checking, when required, the validity of the digital certificates of authenticity modifying, when required, the standing of validity of the digital certificates of authenticity.
The WISeAuthentic blockchain platform integrates the WISeKey Semiconductors tags based mostly on the corporate’s VaultIC154 NFC safe component. These tags, when positioned on any product and tapped by an NFC cellphone, securely authenticate and monitor the product very like an embedded ePassport and make sure the identification of the product on the blockchain ledger.
“WISeKey has lengthy been acknowledged as a frontrunner in offering luxurious and different product producers with dependable means to guard their manufacturers in opposition to counterfeiting,” stated Carlos Moreira, Founder and CEO of WISeKey. “With the addition of the WISeAuthentic blockchain platform, we will now present our purchasers with a strong and unified strategy to defend their manufacturers from the dangerous results of counterfeiting, whereas offering enhanced visibility into their end-consumers.”
WISeKey has included the WISe.ART NFT functionality to its WISeAuthentic Platform (https://www.wisekey.com/wiseauthentic-blockchain/), which makes use of a patented methodology for digital certification of authenticity of a bodily object, and corresponding pc program and storage gadget, in addition to utilizing the strategy for digital certification of authenticity of a bodily object of worth.
The tactic contains the steps of issuing a storage gadget, together with a digital certificates of authenticity together with encrypted info reflecting at the least one attribute distinctive to the bodily object, checking, every time required, the validity of the digital certificates of authenticity by use of a community pc, the community pc cooperating with the storage gadget and a validating or a certifying authority in order to output sensibly in actual time the standing of validity of the digital certificates of authenticity, and modifying, every time required.
Extra details about the patent may be discovered at – http://patft.uspto.gov/netacgi/nph-Parser?Sect1=PTO2&Sect2=HITOFF&p=1&u=%2Fnetahtml%2FPTO%2Fsearch-bool.html&r=8&f=G&l=50&co1=AND&d=PTXT&s1=wisekey&OS=wisekey&RS=wisekey
For extra info and demos, please go to WISe.ART.
About WISeKey
WISeKey (NASDAQ: WKEY; SIX Swiss Trade: WIHN) is a number one international cybersecurity firm at present deploying giant scale digital identification ecosystems for individuals and objects utilizing Blockchain, AI and IoT respecting the Human because the Fulcrum of the Web. WISeKey microprocessors safe the pervasive computing shaping in the present day’s Web of The whole lot. WISeKey IoT has an set up base of over 1.5 billion microchips in nearly all IoT sectors (related vehicles, sensible cities, drones, agricultural sensors, anti-counterfeiting, sensible lighting, servers, computer systems, cellphones, crypto tokens and so on.). WISeKey is uniquely positioned to be on the fringe of IoT as our semiconductors produce an enormous quantity of Large Knowledge that, when analyzed with Synthetic Intelligence (AI), can assist industrial functions to foretell the failure of their gear earlier than it occurs.
Our know-how is Trusted by the OISTE/WISeKey’s Swiss based mostly cryptographic Root of Belief (“RoT”) gives safe authentication and identification, in each bodily and digital environments, for the Web of Issues, Blockchain and Synthetic Intelligence. The WISeKey RoT serves as a typical belief anchor to make sure the integrity of on-line transactions amongst objects and between objects and other people. For extra info, go to www.wisekey.com.
Press and investor contacts:
WISeKey Worldwide Holding Ltd
Firm Contact:
Carlos Moreira
Chairman & CEO
Tel: +41 22 594 3000
information@wisekey.com
WISeKey Investor Relations (US)
Contact:
Lena Cati
The Fairness Group Inc.
Tel: +1 212 836-9611
lcati@equityny.com
Disclaimer:
This communication expressly or implicitly incorporates sure forward-looking statements regarding WISeKey Worldwide Holding Ltd and its enterprise. Such statements contain sure recognized and unknown dangers, uncertainties and different elements, which may trigger the precise outcomes, monetary situation, efficiency or achievements of WISeKey Worldwide Holding Ltd to be materially totally different from any future outcomes, efficiency or achievements expressed or implied by such forward-looking statements. WISeKey Worldwide Holding Ltd is offering this communication as of this date and doesn’t undertake to replace any forward-looking statements contained herein because of new info, future occasions or in any other case.
This press launch doesn’t represent a suggestion to promote, or a solicitation of a suggestion to purchase, any securities, and it doesn’t represent an providing prospectus throughout the which means of article 652a or article 1156 of the Swiss Code of Obligations or a list prospectus throughout the which means of the itemizing guidelines of the SIX Swiss Trade. Traders should depend on their very own analysis of WISeKey and its securities, together with the deserves and dangers concerned. Nothing contained herein is, or shall be relied on as, a promise or illustration as to the long run efficiency of WISeKey.
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