SEALSQ and WISeKey have a rich portfolio
of over 46 patent families encompassing more than 100 fundamental
individual US &
Swiss patents with an additional 22
patents currently under review
SEALSQ Corp ("SEALSQ" or "Company") (NASDAQ:
LAES), a company that focuses on developing and selling
Semiconductors, PKI and Post-Quantum technology hardware and
software products, in collaboration with its parent company WISeKey
International Holding Ltd. (“WISeKey”) (SIX: WIHN, NASDAQ: WKEY), a
global leader in cybersecurity, digital identity, and Internet of
Things (IoT) solutions operating as a holding company, today
announced its patented integration of Digital Identification with
NFT technology, a groundbreaking solution in the realm of asset
protection. This innovation builds on the Company’s already
extensive experience in securing luxury items, particularly Swiss
watches, through advanced technology.
This integration of Digital Identification with NFT technology
is poised to transform the verification of ownership for valuable
assets. Through this approach, assets such as luxury watches or
renowned artworks that require authentication can now utilize NFTs
to demonstrate ownership. These digital assets contain digitally
signed information that is easily verifiable, significantly
enhancing security and making duplication virtually impossible.
As the NFT market experiences exponential growth, driven by the
need to combat fraud and forgery not only in the art world but
across various industries, WISeKey and SEALSQ’s technology offers a
robust, non-cloneable digital certificate of authenticity that is
proving essential.
The Company’s method for the digital certification of
authenticity of physical objects involves a sophisticated process.
This includes issuing a storage device with a digital certificate
containing encrypted information unique to the object. The validity
of this certificate can be checked in real-time via a network
computer cooperating with the storage device and a certifying
authority, ensuring the highest level of security and trust.
WISeKey and SEALSQ are committed to advancing security solutions
that meet the evolving needs of a digital and physically
interconnected world, safeguarding the value and integrity of
priceless assets across the globe.
UtilizationNFTs are distinctive digital
assets that symbolize ownership or proof of authenticity of a
unique item, using the revolutionary blockchain technology
now gaining monumental traction in the art and collectibles
domain. Unlike fungible cryptocurrencies like Bitcoin or Ethereum,
NFTs are non-fungible, signifying each token's distinctness and
non-interchangeable nature. Beyond digital art and collectibles,
NFTs have vast potential, and can be used
to tokenize assets ranging from digital artwork, music,
videos, virtual real estate, in-game virtual goods, and domain
names, as well as tangible assets such as real estate and
luxury goods.
Ensuring the distinctiveness, origin, and permanence of NFTs,
blockchain technology embeds each token with a unique identifier
and ownership details, ensuring easy verification and nullifying
unauthorized duplications or alterations. Capitalizing on this,
WISeKey provides a seamless bridge between luxury items and the
digital metaverse. Luxury brands, without the need for a physical
product, can now create unalterably registered NFTs on a
blockchain, a move aligned with the digital preferences of the
younger generation.
Notably, SEALSQ’s VaultIC155 NFC secure element can be
integrated into luxury items, enabling secure authentication when
accessed by an NFC device. Furthermore, the technology
grants brands the prowess to issue, validate, and adjust
digital certificates of authenticity, fortifying against
counterfeiting.
These capabilities empower brands to:
- Issue storage devices with a digital certificate of
authenticity.
- Verify the authenticity of the digital certificate as
needed.
- Update the status of the digital certificate's validity when
necessary.
- Initiate the dematerialization of a product and its Digital
Twin transformation into a corresponding NFT.
These tags, akin to an embedded ePassport, can be affixed to any
product. When tapped by an NFC-enabled phone, they securely
authenticate and trace the item, registering its identity on the
blockchain ledger. This innovative approach is patented in the US
by WISeKey.Introduction of the Product Birth
CertificateWISeKey offers a groundbreaking concept: the
Product Birth Certificate. This digital identifier is
comparable to a product's birth certificate, complete with details
such as its manufacturing date and company. By transitioning into a
"Trusted Object" on the Internet, it equips the luxury product with
a robust digital identity, furnishing verifiable data throughout
its lifecycle.The essence of this Product Birth Certificate lies in
its unique cryptographic key pair. While its public key is shared
openly as part of the certificate, the private key operates in the
background to validate the IoT device's identity and guarantee
data's cryptographic integrity. This private key is the very crux
of the IoT device's identity.
PatentsSEALSQ, together with WISeKey, boasts a
rich portfolio of over 46 patent families encompassing more than
100 fundamental individual patents, with an additional 22 patents
currently under review. These patents cover a diverse range of
technologies, including secure chip design, Near Field
Communication (NFC), security firmware and backend software
development, secure data management, enhancement of security
protocols among connected objects, and advanced cryptography.
For additional details on WISeKey's patented technologies and
innovations, please refer to the following patent resources:
- US Patent:
https://patents.google.com/patent/US8954742B2/en?assignee=wisekey&oq=wisekey
- Swiss Patent:
https://database.ipi.ch/database-client/register/detail/patent/1202306542?lang=en
The Company’s patented technology already provides security
solutions for millions of objects worldwide, including luxury
products like jewelry, collector’s items, high-end watches, and art
pieces. With the integration of Non-Fungible Token (NFT)
applications powered by Digital Identification technology, SEALSQ
and WISeKey, are setting new standards in securing, authenticating,
and proving ownership of both digital and tangible assets.
About WISeKeyWISeKey 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, and (iv) WISe.ART Corp which
focuses on trusted blockchain NFTs and operates the WISe.ART
marketplace for secure NFT transactions.
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.
About SEALSQSEALSQ is at the
forefront of technological innovation in digital security and
semiconductor technology. With a focus on developing solutions that
address the challenges of the post-quantum era, SEALSQ is committed
to ensuring the security and integrity of digital interactions and
transactions across various industries.
SEALSQ focuses on selling integrated solutions
based on Semiconductors, PKI and Provisioning services, while
developing Post-Quantum technology hardware and software products.
Our solutions can be used in a variety of applications, from
Multi-Factor Authentication tokens, Smart Energy, Smart Home
Appliances, and IT Network Infrastructure, to Automotive,
Industrial Automation and Control Systems.
Post-Quantum Cryptography (PQC) refers to
cryptographic methods that are secure against an attack by a
quantum computer. As quantum computers become more powerful, they
may be able to break many of the cryptographic methods that are
currently used to protect sensitive information, such as RSA and
Elliptic Curve Cryptography (ECC). PQC aims to develop new
cryptographic methods that are secure against quantum attacks.
For more information, please visit
www.sealsq.com
Forward-Looking StatementsThis
communication expressly or implicitly contains certain
forward-looking statements concerning SEALSQ Corp and its
businesses. Forward-looking statements include statements regarding
our business strategy, financial performance, results of
operations, market data, events or developments that we expect or
anticipates will occur in the future, as well as any other
statements which are not historical facts. Although we believe that
the expectations reflected in such forward-looking statements are
reasonable, no assurance can be given that such expectations will
prove to have been correct. These statements involve known and
unknown risks and are based upon a number of assumptions and
estimates which are inherently subject to significant uncertainties
and contingencies, many of which are beyond our control. Actual
results may differ materially from those expressed or implied by
such forward-looking statements. Important factors that, in our
view, could cause actual results to differ materially from those
discussed in the forward-looking statements include the success and
timeline of SEALCOIN's launch; the timeline for and the successful
release of the Machine-to-Machine (M2M) Proof of Concept (PoC);
SEAL’s token Issuance and Exchange Listing before the end of 2024;
SEALSQ's ability to continue beneficial transactions with material
parties, including a limited number of significant customers;
market demand and semiconductor industry conditions; and the risks
discussed in SEALSQ's filings with the SEC. Risks and uncertainties
are further described in reports filed by SEALSQ with the SEC.
SEALSQ Corp 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.
Press and Investor Contacts
SEALSQ
CorpCarlos MoreiraChairman & CEOTel: +41 22 594
3000info@sealsq.com |
SEALSQ Investor Relations
(US)The Equity Group Inc.Lena CatiTel: +1 212 836-9611 /
lcati@equityny.comKatie MurphyTel: +212 836-9612 /
kmurphy@equityny.com |
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