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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 celebrates its 25th anniversary by unveiling a
strategic reorganization toward Web 3.0, exemplifying a new era of
a neutral, secure, and decentralized internet. This transition
underscores WISeKey's enduring commitment to innovation and its
pioneering role in the digital landscape since its inception in
1999.
Pioneering the Web 3.0 Paradigm: From its early
days as a trailblazer in identity management and secure digital
processes, WISeKey now spearheads the Web 3.0 revolution. This
paradigm shift embraces a decentralized ecosystem, empowering
creators and users with data ownership and control, moving away
from the traditional server-based infrastructure to a more
interconnected and democratic digital realm.
Evolution Through the Web Generations:
WISeKey's journey began with Web 1.0, focusing on static page
information sharing and developing groundbreaking applications in
identity management and Public Key Infrastructure (PKI). This
foundation facilitated early e-voting systems, national ID projects
and large-scale digital identity ecosystems deployments. As Web 2.0
emerged, it catalyzed the era of social media and user-generated
content, but often at the cost of centralized data control by large
corporations that required companies like WISekey to emphasize the
protection of users and the need for them to retain control of
their identities. Web 3.0 represents a significant departure from
this model, championing decentralization and user empowerment.
From Centralized to Decentralized Internet: The
internet's initial structure centered around centralized server
ownership for simplicity in network infrastructure. However, this
often meant that data, even if user-generated, was not truly owned
by its creators. Web 3.0 disrupts this by diversifying data storage
across decentralized networks, aligning with the original vision of
the Web to be universally accessible, and unregulated space.WISeKey
is applying these Web 3.0 technologies to generate new revenue
streams leveraging its existing expertise in cybersecurity,
blockchain, and identity management to explore new business models
and opportunities such as:
1. Decentralized Finance (DeFi) Services:
Utilizing its expertise in secure digital identities and
blockchain, WISeKey is starting to offer secure DeFi services. This
includes secure wallet services, identity verification for DeFi
transactions, or providing cybersecurity solutions to other DeFi
platforms.
2. Non-Fungible Tokens (NFTs): WISeKey's
involvement in NFTs, particularly through WISe.ART Corp, positions
it well to capitalize on this market. We are expanding our NFT
marketplace, offering secure authentication of digital assets and
potentially developing new NFT standards for various industries
such IoT and Medical.
3. Blockchain-Based Gaming: Leveraging its
blockchain and cybersecurity capabilities, WISeKey will develop
secure platforms for blockchain-based gaming. This includes
ensuring the security of in-game transactions and the authenticity
of in-game assets.
4. Data Monetization: With its strong
foundation in digital identity and security, WISeKey has created
platforms such as WISeID.COM that enable users to securely store
and monetize their personal data, ensuring privacy and control over
their identity and information.
5. Tokenization: WISeKey in cooperation with
Hedera’s blockchain technology has started to offer tokenization
services, helping businesses tokenize their assets such as the
WISe.ART Token and SEALCOIN. These assets could range from art and
real estate to intellectual property, providing a secure and
transparent way to manage and trade.
6. Decentralized Autonomous Organizations
(DAOs): By providing secure and transparent platforms for
DAO operations, WISeKey is assisting organizations to manage their
activities in a decentralized manner, ensuring the integrity and
security of DAO transactions and governance.
7. Subscription Models and Premium Content:
WISeKey is offering secure platforms for content creators to
distribute premium content directly to their audience, bypassing
traditional channels and ensuring data security and privacy.
8. Smart Contracts for Automation: Utilizing
our expertise in blockchain and cybersecurity, WISeKey can assist
companies in the development and offer smart contract solutions to
automate and secure various business processes across
industries.
9. Decentralized Identity and Cloud Services:
WISeKey is evolving it’s WISeID platform to leverage capabilities
for distributed identity and starting a new services as WISeCloud,
to provide decentralized cloud storage and computing services,
emphasizing their strengths in security and data protection.
10. Cryptocurrency Staking and Mining: While
not a traditional area for WISeKey, exploring opportunities in
cryptocurrency staking or offering security solutions for the
mining sector could be a potential revenue stream for the Company.
WISeKey is currently testing these services in Gibraltar using one
of its secure datacenters.
By integrating these Web 3.0 revenue models with its existing
technologies and expertise, WISeKey can not only enhance its
product offerings but also is able to expand into new markets and
opportunities in the evolving digital landscape. WISeKey's
portfolio companies play a critical role in facilitating the
transition to a Web 3.0 decentralized internet, each contributing
specialized technologies and expertise. Let's break down their
individual roles in the context of Web 3.0:
- SEALSQ Corp: Specializing in semiconductors,
Public Key Infrastructure (PKI), and post-quantum technology
products, SEALSQ Corp (“SEALSQ) (Nasdaq: LAES), contributes to the
hardware and cryptographic backbone necessary for a secure Web 3.0
infrastructure. Semiconductors are essential for processing data,
while PKI and post-quantum technologies provide robust security
measures crucial for protecting data in a decentralized
environment. These advanced semiconductors are vital for the
enhanced performance and security required by decentralized
networks and devices, enabling faster and more secure processing of
transactions and interactions in the Web 3.0 ecosystem.
- WISeKey SA: This entity specializes in Root of
Trust (RoT) and PKI solutions. In a decentralized internet, trust
and identity verification are paramount. RoT provides a secure
foundation for digital certificates, ensuring the integrity and
authenticity of devices and users. PKI, on the other hand, is
crucial for secure communications, enabling encrypted data transfer
and digital signatures. The company operated WISeID.COM.
- WISeSat.Space AG: Concentrating in space
technology, with a dedicated satellite constellation in orbit,
WISeSat is dedicated to ensuring secure satellite communication,
with a primary focus on IoT applications. This includes enhancing
the traceability of smart containers in logistics, optimizing
performance for smart agriculture, and facilitating asset
supervision for armed forces. In the realm of a decentralized
internet, satellite technology emerges as a promising alternative,
offering a potentially more secure means of data transmission. This
not only extends connectivity but also bolsters the network's
resilience against terrestrial vulnerabilities.
- WISe.ART Corp: Dedicated to trusted blockchain
(Non-Fungible Tokens) NFTs, WISe.ART manages a marketplace for
secure NFT transactions. In the Web 3.0 context, NFTs represent a
way to authenticate and trade digital assets in a decentralized
manner. Blockchain technology ensures the security, transparency,
and traceability of these transactions.
Together, these entities create a comprehensive ecosystem that
supports the infrastructure of a decentralized Web 3.0. This
includes secure communication channels, trusted identity
verification systems, robust data processing capabilities, and
alternative connectivity solutions. Their combined efforts are
aimed at ensuring a secure, efficient, and user-empowered internet,
where data ownership and privacy are prioritized.
These four subsidiaries form the cornerstone of WISeKey's
mission to secure the internet. Collectively, they integrate
Blockchain, AI, and IoT technologies to safeguard digital
identities for individuals and objects. With over 1.6 billion
microchips deployed globally, WISeKey is a leader in securing the
Internet of Everything, leveraging AI to enable predictive
analytics for equipment failure prevention.
As WISeKey steps into its next quarter-century, it remains
dedicated to shaping a more secure, equitable, and user-centric
digital future, harnessing the transformative power of Web
3.0.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.Press and investor
contacts:WISeKey International Holding LtdCarlos
MoreiraChairman & CEOTel: +41 22 594 3000 / info@wisekey.com
WISeKey Investor Relations (US)The Equity Group Inc.Lena CatiTel:
+1 212 836-9611 / lcati@equityny.com Katie MurphyTel: +1 212
836-9612 / kmurphy@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
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.
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