WISeKey Expands Implementation of Digital Identity Solutions from Seychelles to Africa: Empowering Nations with Secure National ID Systems

Rhea-AI Summary

WISeKey (NASDAQ: WKEY) announces the expansion of its digital identity solutions across Africa, following the successful implementation of 'SeyID' in Seychelles since 2022. The SeyID platform, powered by WISeKey's WISeID technology, provides citizens with secure virtual IDs accessible via smartphones, complementing traditional physical ID cards.

The platform enables access to essential services including healthcare, government portals, and tourism services. Notably, tourists can generate digital Tourist IDs for seamless access to local services. WISeKey is now in discussions with several African governments to implement similar solutions, focusing on:

• Financial inclusion through secure digital onboarding
• Streamlined public administration
• Enhanced tourism and cross-border travel
• Data protection with Swiss-grade cybersecurity

The solution supports various use cases including digital financial services, e-government services, agricultural supply chains, healthcare access, job market activation, entrepreneurship, tourism growth, and education services. All identities are anchored in the OISTE.ORG Root of Trust, ensuring sovereign control over digital identities.

Positive

• Successful implementation and proven track record of SeyID platform in Seychelles since 2022
• Active expansion into new African markets with ongoing government discussions
• Diversified revenue potential through multiple use cases across various sectors
• Strategic positioning in the growing digital identity and cybersecurity market

Negative

• Revenue impact and timeline for African expansion not specified
• Implementation costs and potential regulatory challenges across different African nations not disclosed

WISeKey Expands Implementation of Digital Identity Solutions from Seychelles to Africa: Empowering Nations with Secure National ID Systems

Geneva, Switzerland – April 23, 2025 — WISeKey International Holding Ltd (“WISeKey”) (SIX: WIHN, NASDAQ: WKEY), a leading global cybersecurity, blockchain, and IoT company, today announces that following the successful implementation of “SeyID” in the Seychelles, it is extending proven digital identity solutions to other African nations to help them modernize and secure their national identification systems.

Since 2022, WISeKey has collaborated with the government of Seychelles to launch SeyID, a comprehensive, secure, and user-friendly digital ID platform. Designed to integrate seamlessly with both public and private sector services, SeyID is now serving as a model for other African nations looking to establish or upgrade their national identity infrastructure.

A Blueprint for Digital Transformation

The SeyID platform leverages WISeKey’s trusted WISeID digital identity technology, which provides citizens with a mobile-accessible, secure virtual ID linked to key public services. These include healthcare, government portals, and the tourism industry, vital economic pillars for Seychelles.

Through SeyID, citizens are able to complement their traditional physical ID cards with a virtual identity stored securely on their smartphones, making authentication easier and services more accessible. Tourists visiting Seychelles can also generate a digital Tourist ID using SeyID, which offers a frictionless digital experience while allowing visitors to access local services. This innovation has positioned Seychelles as a digital pioneer in the African region, providing a strong example of how national digital identity platforms can support economic growth and government efficiency.

Scaling the Model Across Africa

WISeKey is now in discussions with several African governments to replicate the SeyID model, tailoring it to meet local needs and regulatory frameworks. These next-generation digital ID solutions aim to:

• Promote Financial Inclusion by enabling secure digital onboarding and Know Your Customer (KYC) compliance for banking services;
• Streamline Public Administration by digitizing identity verification for social programs, healthcare, and education;
• Enhance Tourism and Cross-Border Travel with digital tourist ID systems similar to that of Seychelles; and,
• Protect Citizen Data with robust Swiss-grade cybersecurity and encryption.

Use Cases: National Digital IDs as Catalysts for Economic Growth

1. Digital Financial Services:
   A national digital ID allows unbanked populations to open bank accounts, access credit, and use mobile payment platforms securely, boosting participation in the formal economy and reducing reliance on cash.
2. e-Government Services:
   Digital IDs facilitate efficient delivery of public services such as tax filing, business registration, land ownership verification, and social welfare programs, increasing transparency and reducing corruption.
3. Agricultural Supply Chains:
   Farmers can register digitally to receive subsidies, track inputs, and access markets. This fosters trust, increases productivity, and reduces fraud in government support schemes.
4. Healthcare Access:
   Verified digital IDs help in creating unified health records, ensuring that citizens receive timely, targeted, and secure healthcare, even across borders through regional interoperability.
5. Job Market Activation:
   With a verifiable identity, citizens can access vocational training, apply for jobs online, and participate in gig economy platforms, driving workforce participation and economic inclusion.
6. Entrepreneurship & Innovation:
   Startups and SMEs can benefit from streamlined licensing and easier access to investment through identity-based digital platforms, reducing bureaucratic delays and stimulating innovation.
7. Tourism Growth:
   Digital tourist IDs simplify visa issuance, hotel check-ins, and tourist service access, creating a smoother visitor experience and increasing tourism revenues.
8. Education & Youth Empowerment:
   Digital IDs allow students to enroll in programs, access e-learning platforms, and validate academic credentials, enhancing skills development for the digital economy.
9. A Human-Centered, Privacy-First Approach
   
   

WISeKey’s approach is grounded in respecting human dignity and data privacy. All identities created under its platforms are anchored in the OISTE.ORG Root of Trust, a globally recognized cryptographic trust model that guarantees sovereign control over digital identities.

With the support of international development agencies and local governments, WISeKey is set to deliver customized digital ID solutions that are interoperable, future-proof, and aligned with international standards for data protection and digital governance.

As Africa accelerates its digital transformation, WISeKey’s expansion beyond Seychelles marks a critical step in ensuring that secure, inclusive, and innovative identity solutions are at the heart of the continent’s technological and economic future.

For more information, visit www.wisekey.com or follow WISeKey on LinkedIn and Twitter.

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

FAQ

What is the SeyID platform implemented by WISeKey (WKEY) in Seychelles?

SeyID is a comprehensive digital ID platform launched by WISeKey in Seychelles since 2022, providing citizens with mobile-accessible virtual IDs for accessing healthcare, government services, and tourism-related services.

How does WISeKey's digital ID solution benefit tourism in Seychelles?

Tourists can generate digital Tourist IDs through SeyID, enabling frictionless access to local services and creating a smoother visitor experience.

What are the main use cases for WISeKey's digital ID solutions in Africa?

Key use cases include digital financial services, e-government services, agricultural supply chains, healthcare access, job market activation, entrepreneurship support, tourism growth, and education services.

How does WISeKey ensure security in its digital ID solutions?

WISeKey implements Swiss-grade cybersecurity and encryption, with all identities anchored in the OISTE.ORG Root of Trust, guaranteeing sovereign control over digital identities.

What is WISeKey's expansion strategy for digital ID solutions in Africa?

WISeKey is in discussions with several African governments to replicate the SeyID model, customizing solutions to meet local needs and regulatory frameworks while promoting financial inclusion and administrative efficiency.