Wisekey Internat Stock Price, News & Analysis

WISeKey has filed a patent application for a "System and Method for Providing Persistent Authenticatable NFT" with the USPTO, designated as US 17/514,296. This application aims to ensure the provenance and long-term value of NFTs, addressing concerns about authenticity and data degradation over time. CEO Carlos Moreira emphasized the significance of this patent for both the company and the NFT ecosystem. Additionally, WISeKey has launched the WISe.ART 2.1 NFT Marketplace, enhancing the platform for secure NFT transactions and participating in the upcoming Crypto Art Island event in Gibraltar.

WISeKey International Holding Ltd (Nasdaq: WKEY) is renewing and expanding its partnership with Identiv (Nasdaq: INVE) to supply over $1 million in smart card reader chips in 2022. The collaboration focuses on contact, contactless, and dual-interface smart card readers, targeting sectors such as healthcare and government. The smart card market is projected to grow from $13.9 billion in 2021 to $16.9 billion by 2026. WISeKey's advanced chip technology strengthens security and access management, meeting rising demands in digital identity verification.

WISeKey International Holding is set to participate in the Maxim Group Virtual Growth Conference on March 29, 2022, at 9:00 AM ET. CEO Carlos Moreira will engage in a fireside chat discussing the company's innovative methods for securing asset authenticity through advanced authentication processes and identity blockchain technology. This approach simplifies asset commercialization by converting them into NFTs, ensuring each NFT represents a unique digital item on the blockchain. For investor queries, one-on-one virtual meetings can be scheduled via email.

WISeKey and Turing Cryptography have launched joint sales operations for TuringSign SSL/TLS services in the Asia-Pacific region, leveraging WISeKey’s Root of Trust. The partnership aims to generate revenue and expand offerings, including innovative cryptographic solutions and AI-powered security. Initial operations have commenced in Korea, with plans to extend to Singapore, Hong Kong, and Taiwan. The collaboration already reports customer acceptance and revenue generation, indicating a promising market response.

WISeKey announced on March 22, 2022, a new two-factor authentication (2FA) service to enhance cybersecurity for users. This step allows subscribers to replace traditional usernames and passwords, improving protection for accessing PCs, emails, and critical applications. Offered via the WISeID platform, users can create accounts with free services and opt for additional paid cybersecurity features. The service aligns with governmental recommendations for stronger cybersecurity defenses, aiming to minimize risks associated with digital transactions.

WISeKey International Holding Ltd. has launched the fully operational WISe.ART 2.1 NFT Marketplace, featuring over 100 artists and enhanced functionalities for NFT transactions. The platform offers a secure environment for art collectors and creators to connect their cryptocurrency wallets for seamless purchasing and listing of NFTs. The launch coincides with WISeKey's partnership with the Crypto Art Island event in Gibraltar, showcasing innovative NFT art. The platform's tokenization method aims to maintain NFT value through robust security measures.

WISeKey International Holding has entered a strategic partnership with Synergy Quantum to enhance cybersecurity solutions through post-quantum encryption. This collaboration aims to develop two-factor authentication for the financial services sector using WISeKey's semiconductors combined with Synergy Quantum's encryption technologies. The partnership seeks to leverage India's emerging semiconductor ecosystem, backed by substantial government investment, to establish a foothold in quantum security technologies.

WISeKey has launched its WISeID cybersecurity platform, providing free access to individuals and companies to enhance protection of digital assets. This initiative aims to reduce cybersecurity risks and offers features like secure email communication, document signing, dual-factor authentication, and cloud storage. The WISeID service is available as a freemium model, allowing users to upgrade for additional features. Compliance with EU regulations enhances its appeal, particularly in fostering digital sovereignty.

WISeKey has launched its first NFT from space, featuring exclusive photography by Brooke Shields, during the Mobile World Congress 2022. The NFT, minted on the Casper blockchain, assures authenticity by linking it to the original physical photograph. This significant achievement in the NFT sector allows for verified ownership and provenance, leveraging WISeKey's satellite technology for enhanced security. Brooke Shields has partnered with MAKE International for her NFT project, showcasing a potential for industrial applications connecting satellites to IoT devices for NFT authentication.