Wisekey Internat Stock Price, News & Analysis

WISeKey has launched its TrustedNFT platform to tokenize patents, transforming them into unique digital assets that enhance licensing and commercialization. Announced at the Geneva Trust in Innovation Summit on June 15, 2021, the platform uses advanced blockchain technology to secure patent authenticity and create digital twins. WISeKey invites patent holders to join this ecosystem, leveraging its portfolio of over 46 patent families. The platform aims to facilitate KYC compliance while ensuring anonymity, with TrusteCoin serving as the payment method for transactions.

WISeKey International Holding Ltd (NASDAQ: WKEY) will participate in the launching of the Trust in Innovation event organized by Palexpo on June 16, 2021. The digital event aims to enhance knowledge in Blockchain, AI, and Quantum Computing, addressing key topics such as traceability, compliance, and healthcare. Carlos Moreira, CEO of WISeKey, will moderate discussions featuring industry leaders. The event is supported by various organizations, reflecting the importance of cybersecurity and innovation in today’s digital landscape.

WISeKey and MINES Saint-Etienne have announced a collaboration aimed at developing post-quantum resistant algorithms to secure digital systems against future cyber-attacks enabled by quantum computing. The partnership will contribute to the NIST PQC standardization program initiated in 2016. WISeKey will leverage its experience in secure hardware and firmware, while MINES Saint-Etienne will provide expertise in applied mathematics and cryptography. This collaboration aligns with France's €1.8 billion Quantum Program, seeking to maintain a leading role alongside the USA and China in quantum research.

WISeKey has successfully integrated arago's AI capabilities into its semiconductor manufacturing. This integration aims to enhance the value captured by semiconductor firms, potentially yielding 40-50% of the total technology stack's value. The merger brings forth an end-to-end AIoT platform, combining AI, IoT, and cybersecurity solutions, positioning WISeKey as a leader in trusted IoT services. The company emphasizes significant growth opportunities in sectors such as industry 4.0, healthcare, and smart cities, aiming to leverage AI for operational efficiency.

WISeKey and Creative Film Partners are launching the first-ever Colonial American Artwork NFT auction, featuring a digital photograph of a John Wollaston painting of George Plater III.

The auction runs from June 21 to July 4, 2021, with proceeds aimed at restoring the original painting. This initiative enhances digital ownership verification through NFTs and aims to create a secure digital record of the artwork.

WISeKey's technology allows for dual factor authentication, establishing itself as a leader in securing art and luxury items on the blockchain.

WISeKey has announced a $5 million placement of its TrusteCoin NFT token with iconomy, marking the first phase of TrusteCoin's pre-sale. This initiative aims to establish TrusteCoin as a key player in the DeFi space, facilitating income opportunities for art and luxury goods communities. The TrusteCoin will serve as a payment method on the WISe.ART platform, enhancing KYC processes while maintaining anonymity. The platform will leverage Ethereum for liquidity and advanced technologies for secure digital asset management, ultimately linking physical and digital worlds.

WISeKey International Holding Ltd (NASDAQ: WKEY; SIX Swiss Exchange: WIHN) has joined digitalswitzerland, a cross-industry initiative in Switzerland aimed at fostering digital innovation. This membership underscores WISeKey's commitment to strengthening cybersecurity and digital technologies. The company aims to develop a collaborative framework addressing public and private sector digital issues, while promoting a trust model that supports secure online communications. WISeKey's established partnerships and its unique governance model provide a competitive edge in the integrated digital identity market.

On May 25, 2021, WISeKey shareholders approved all agenda items during the 2021 Annual General Meeting in Zurich. Key outcomes included the re-election of all Board members, including Carlos Moreira as Chairman, and an increase in authorized and conditional share capital. Shareholders also approved the 2020 Annual Report and financial statements, discharged Board members from liability, and re-elected BDO SA as the audit firm. The company continues to position itself as a leader in cybersecurity and IoT.

WISeKey and Parrot have enhanced their partnership to fortify drone security. This collaboration aims to establish robust digital security standards for drones as the commercial market is projected to grow from $4 billion to over $40 billion by 2025. Compliance with new regulations mandates remote identification for drones, yet cybersecurity standards are still undefined. They plan to outline security features to ensure trusted ID broadcasts, safeguarding data confidentiality. WISeKey's technology has high-level certifications, ensuring secure operations for Parrot’s ANAFI drones.