WISeKey announces secure supply chain management product integrating IoT devices, Satellite technology, and Blockchain
09 June 2022 - 4:07AM
WISeKey announces secure supply chain
management product integrating IoT devices, Satellite technology,
and Blockchain
Video
https://youtu.be/ut5eJ6fChhU
Geneva, Switzerland – JUNE 8 2022 – WISeKey
International Holding (“WISeKey”, SIX: WIHN, NASDAQ: WKEY), a
leading cybersecurity, AI and IoT company, today announced a
product for securing supply chain management of critical goods by
integrating IoT devices communicating with picosatellites launched
by WISeSat and FOSSA with Casper blockchain. WISeKey security chips
are being used to protect different types of IoT devices such as
satellites and their captured images and communications from
agriculture and logistics sensors. This product leverages the
extensive reach of the picosatellites and their ability to connect
to low energy IoT devices and combines it with the immutability of
data and smart contracting feature of Casper blockchain to offer
unique benefits to the supply chain management industry. You can
now track the data of your goods in transit like environmental
conditions, geo-location, etc. in a reliable manner and also make
logistic processes more efficient using the smart contracting
feature offered by Casper blockchain.
WiseKey semiconductors, when placed on any object, securely
issue NFTs to authenticate and track the object much like an
embedded ePassport and confirm the identity of the object on the
Blockchain ledger. This digital identity, used throughout the
object’s lifetime, allows them to become a “Trusted Object” of the
Internet, prove their identity and provide verifiable data. WISeKey
IoT and data analytics help supply chain managers make decisions on
their objects and prevent possible accidents or other
delay-inducing occurrences that happen on the way.
The supply chain is already benefiting from the billions of
WISeKey’s secure chips that are already embedded in high-tech
products and goods to protect data, communication, and firmware
against cyberattacks. This includes routers, modems, energy-smart
meters, drones, and medical devices, to mention a few. By combining
the secured IoT devices with the immutability and smart contracting
features offered by Casper blockchain, the logistic processes can
be greatly improved and automated as the data on-chain can now be
trusted for further processing without third-party
intervention.
A WISeID Digital Identity is injected on the NanoSeal
Semiconductor installed on the physical object that it is combined
with smart contracts of Casper Blockchain. WISeID is a trusted
identity service that enables strong authentication techniques.
WISeID supports online KYC onboarding, OTP and digital certificate
login, and an innovative “hands-free” secure login based on
QR-Codes which users can read using WISeID suite of mobile
applications without even having to type any passwords.
Combining the power of WISeID with the ability of these secured
IoT devices to communicate with the picosatellites that aim to
cover every spot on the planet with a maximum latency of 10mins and
the immutability and smart contracting provided by Casper
blockchain, the new product is set to disrupt the supply chain
management. The IoT devices are no longer dependent on the cellular
networks and the data sent via the satellites is authenticated
through WISeID. This is going to make a significant difference to
the supply chains of critical goods where environmental conditions
and security of the goods being shipped is extremely critical e,g,
blood, organs, or vaccines.
About WISeKey
WISeKey (NASDAQ: WKEY; SIX Swiss Exchange: WIHN) is a leading
global cybersecurity company currently deploying large scale
digital identity ecosystems for people and objects using
Blockchain, AI and IoT respecting the Human as the Fulcrum of the
Internet. WISeKey Microprocessors Secures the pervasive computing
shaping today’s Internet of Everything. WISeKey IoT has an install
base of over 1.6 billion microchips in virtually all IoT sectors
(connected cars, smart cities, drones, agricultural sensors,
anti-counterfeiting, smart lighting, servers, computers, mobile
phones, crypto tokens etc.). WISeKey is uniquely positioned to be
at the edge of IoT as our semiconductors produce a huge amount of
Big Data that, when analyzed with Artificial Intelligence (AI), can
help industrial applications to predict the failure of their
equipment before it happens.
Our technology is Trusted by the OISTE/WISeKey’s Swiss based
cryptographic Root of Trust (“RoT”) provides secure authentication
and identification, in both physical and virtual environments, for
the Internet of Things, Blockchain and Artificial Intelligence. The
WISeKey RoT serves as a common trust anchor to ensure the integrity
of online transactions among objects and between objects and
people. For more information, visit www.wisekey.com.
Press contacts:
WISeKey
International Holding Ltd Company Contact: Carlos MoreiraChairman
& CEOTel: +41 22 594 3000info@wisekey.com |
WISeKey Investor
Relations (US) Contact: Lena CatiThe Equity Group Inc.Tel: +1 212
836-9611lcati@equityny.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 article
652a or article 1156 of the Swiss Code of Obligations or a listing
prospectus within the meaning of the listing rules of the SIX Swiss
Exchange. 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
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