WISeKey and CasperLabs to Present the Latest Developments

WISeKey and CasperLabs to Present the Latest Developments in Blockchain Identity and NFT Marketplace During WISeKey’s Investor Day on December 13 at the NASDAQ MarketSite in NYC

WISeKey and CasperLabs to discuss their cooperation in WISe.ART NFT Marketplace and how WISeKey delivers a secure NFT marketplace on the CasperLabs network

GENEVA – NEW YORK December 9, 2021: WISeKey International Holding Ltd. (“WISeKey”) (SIX: WIHN, NASDAQ: WKEY), a leading global cybersecurity, AI, Blockchain and IoT company, today announced that on December 13, during WISeKey’s Investor Day, the company will present new developments in the blockchain identity and WISe.ART NFT marketplace using CasperLabs. CasperLabs is a leading blockchain company for the enterprise market and provides support for organizations building on the Casper network.

The strategic partnership between WISeKey and CasperLabs which started earlier this year, is designed to bring trust to the WISe.ART NFT Marketplace platform and has already provided a dedicated, secure marketplace on the Casper Network for buying and selling NFTs, including artwork and luxury goods.  

“By combining our Root of Trust with the Casper blockchain, we have created an innovative Trust Protocol that enables a wide range of use cases and business models, simply not possible with current blockchain-based solutions on their own,” said Carlos Moreira, Founder and CEO of WISeKey. “The first application of this collaboration will be the auctioning of digital twins of artwork and luxury collectibles, which we indisputably move into the virtual world, yet make their illegal use impossible.” 

Casper blockchain is the first fully decentralized, truly scalable blockchain designed for real-world speed and security. Casper’s familiar tools, open architectures and expert support make it simple and readily accessible for developers, and its public software platform makes pricing predictable and transparent for businesses. Unlike first generation blockchains, Casper provides an upgradable infrastructure that powers innovation and facilitates deployments across public, private and hybrid environments.

“CasperLabs is committed to ensuring successful outcomes for organizations looking to build innovative applications on the Casper Network,” said Mrinal Manohar, Cofounder and CEO at CasperLabs. “Our partnership with WISeKey will set a new standard for responsible and secure NFT transactions during a period of historic interest. Both teams are deeply committed to delivering a more environmentally friendly and scalable option for the NFT community as it continues to evolve and excite new audiences worldwide.” 

Casper Network’s Proof-of-Stake (PoS) architecture allows for a higher volume of secure transactions with no drop in performance, while producing a fraction of the energy expended by traditional blockchain protocols. As interest in NFTs continues to accelerate, both organizations are committed to promoting a more environmentally-friendly consumption and distribution model. 

With the support of CasperLabs, WISeKey’s unique Digital Identification NFT platform technology will run on the Casper Network to deliver the most secure and scalable blockchain backend for creating real digital twins for valuable objects. This unique approach will make it possible to mint provenance and a digital version into an NFT that contains smart contracts on how the digital twin may be used, removing any uncertainty of what an NFT actually means to a collector by delivering authenticated digital twins to the art and luxury market. 

The WISeKey NFT platform is secured by WISeKey’s various security technologies enabling the authentication of digital identity based NFTs, physical objects as well as digital assets, in a safe end-to-end process. The user is in full control of its WISeID NFT and other NFTs need to request access to its identity information so WISeID NFTs users can decide by themselves what level of information they wish to share, thus keeping full control. The WISeKey approach to the Metaverse has as objective to provide safe infrastructure identity services based on blockchain technologies for a wide range of users, including individuals, corporations and government institutions. As our digital lives become increasingly digitalized, Metaverse will leverage the advantages of the internet to establish a virtual world for its users. Businesses and communities will depend on users’ digital identities to manage assets.

To view previous holograminar organized by WISekey go to https://youtu.be/Vpi9lb9Uvfk.

WISeKey’s Investor Day will be a hybrid event (in-person and virtual):   Investors interested to attend in-person should contact Lena Cati at lcati@equityny.com / 212-836-9611, to receive additional registration details.

The event will also be webcast live which can be accessed using the following link https://www.wisekey.com/wisekey-webinar/. Pre-registration is required. 

Agenda of the Investor Day is below. 

About CasperLabs

CasperLabs, a leading blockchain company for the enterprise market, is re-imagining blockchain for enterprise with a future proof solution. The company also provides support for organizations building on the Casper network. Guided by open-source principles, CasperLabs is committed to supporting the next wave of blockchain adoption among businesses and providing developers with a reliable and secure framework to build private, public and hybrid blockchain applications. Its team possesses deep enterprise technology experience, hailing from organizations including Google, Adobe, AWS, Dropbox and Microsoft. To learn more, visit casperlabs.io.

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 secure the pervasive computing shaping today’s Internet of Everything. WISeKey IoT has an install base of over 1.5 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.

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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.