OISTE.ORG and WISeKey to Participate at the 2024 Clinton Global Initiative, Showcasing New Technologies to Provide Digital Identities to Disadvantaged Communities
Rhea-AI Summary
WISeKey (NASDAQ: WKEY) and OISTE.ORG are set to participate in the 2024 Clinton Global Initiative (CGI), showcasing innovative technologies for providing secure digital identities to underserved communities worldwide. Building on their 2006 CGI commitment, the organizations will introduce WISe.ART, a philanthropy-driven digital art marketplace combining cybersecurity, digital identity, and blockchain expertise.
WISe.ART offers a secure platform for artists, buyers, and collectors, ensuring the provenance and authenticity of digital art. It serves as a fundraising tool for charities and foundations, leveraging blockchain and digital art to drive social change. Notable organizations like the Red Cross, UN, and Vatican are already recognizing its potential.
This initiative builds upon WISeKey and OISTE.ORG's previous efforts, including the WISEID.com Digital Identification Infrastructure launched in 2006. Their participation in CGI 2024 reaffirms their commitment to advancing digital inclusion and creating a more secure, connected world for all.
Positive
- None.
Negative
- None.
News Market Reaction – WKEY
On the day this news was published, WKEY declined 1.76%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
OISTE.ORG and WISeKey to Participate at the 2024 Clinton Global Initiative, Showcasing New Technologies to Provide Digital Identities to Disadvantaged Communities
For more information visit: https://www.clintonfoundation.org/commitment/clinton-global-initiative/increasing-digital-connectivity-to-the-poor
Geneva, Switzerland - September 17, 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 in collaboration with the International Organization for Secure Transactions Foundation (OISTE.ORG), will participate at the 2024 Clinton Global Initiative (CGI), spotlighting cutting-edge technologies aimed at providing secure digital identities to underserved communities worldwide.
Since 2006 Clinton Global Initiative initial commitment, WISeKey and OISTE.ORG have been actively working to empower individuals through technology, by launching several initiatives focused on enabling secure transactions and mobile payments for developing communities. Their latest initiative builds on this legacy by offering a robust digital identity infrastructure and platform.
WISeKey, in partnership with OISTE.org, launched back in 2006 at the CGI, its Digital Identification Infrastructure WISEID.com, a groundbreaking platform designed to support Identification Authorities globally aiming to empower disadvantaged communities by enhancing their access to secure digital transactions and services via a platform.
At this year’s CGI event, WISeKey and OISTE.org will introduce WISe.ART, a philanthropy-driven digital art marketplace that combines WISeKey’s renowned expertise in cybersecurity, digital identity, and blockchain. WISe.ART offers a secure and transparent platform for artists, buyers, and collectors, ensuring the provenance and authenticity of digital art. This innovative marketplace is designed to serve not only as a hub for art transactions but also as a powerful tool for fundraising and social impact.
Art, Technology, and Philanthropy: A Revolutionary Intersection
In today’s increasingly digital world, WISe.ART is pioneering a new approach to philanthropy, where art and technology converge. Through WISe.ART, charities and foundations can leverage the power of blockchain and digital art to raise funds and drive social change. Esteemed organizations like Grupo Pro Arte y Cultura, ONUART, OISTE.org, The Red Cross, The Clinton Global Initiative, The Vatican, The UN, Flamenco for Peace, and University for Peace (UPEACE) are already recognizing the potential of this innovative platform to support their missions.
WISeKey and OISTE.ORG's participation in the 2024 CGI underscores their continued commitment to advancing digital inclusion, using cutting-edge technologies to create a more secure and connected world for all.
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 post-quantum technology products, (ii) WISeKey SA which specializes in RoT and PKI solutions for secure authentication and identification in IoT, Blockchain, and AI, (iii) WISeSat AG which focuses on space technology for secure satellite communication, specifically for IoT applications, (iv) WISe.ART Corp which focuses on trusted blockchain NFTs and operates the WISe.ART marketplace for secure NFT transactions, and (v) SEALCOIN AG which focuses on decentralized physical internet with DePIN technology and house the development of the SEALCOIN platform.
Each subsidiary contributes to WISeKey’s mission of securing the internet while focusing on their respective areas of research and expertise. Their technologies seamlessly integrate into the comprehensive WISeKey platform. WISeKey secures digital identity ecosystems for individuals and objects using Blockchain, AI, and IoT technologies. With over 1.6 billion microchips deployed across various IoT sectors, WISeKey plays a vital role in securing the Internet of Everything. The company’s semiconductors generate valuable Big Data that, when analyzed with AI, enable predictive equipment failure prevention. Trusted by the OISTE/WISeKey cryptographic Root of Trust, WISeKey provides secure authentication and identification for IoT, Blockchain, and AI applications. The WISeKey Root of Trust ensures the integrity of online transactions between objects and people. For more information on WISeKey’s strategic direction and its subsidiary companies, please visit www.wisekey.com.
Disclaimer
This communication expressly or implicitly contains certain forward-looking statements concerning WISeKey International Holding Ltd and its business. Such statements involve certain known and unknown risks, uncertainties and other factors, which could cause the actual results, financial condition, performance or achievements of WISeKey International Holding Ltd to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. WISeKey International Holding Ltd is providing this communication as of this date and does not undertake to update any forward-looking statements contained herein as a result of new information, future events or otherwise.
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 the Swiss Financial Services Act (“FinSA”), the FinSa's predecessor legislation or advertising within the meaning of the FinSA. Investors must rely on their own evaluation of WISeKey and its securities, including the merits and risks involved. Nothing contained herein is, or shall be relied on as, a promise or representation as to the future performance of WISeKey.
Press and Investor Contacts
| WISeKey International Holding Ltd Company Contact: Carlos Moreira Chairman & CEO Tel: +41 22 594 3000 info@wisekey.com | WISeKey Investor Relations (US) The Equity Group Inc. Lena Cati Tel: +1 212 836-9611 / lcati@equityny.com Katie Murphy Tel: +1 212 836-9612 / kmurphy@equityny.com |