WISeKey partners with Polygon, a full-stack Ethereum
WISeKey Partners with Polygon, a Full Stack Ethereum Scaling Solution to Bring Reliable NFT Solutions to the Masses
GENEVA / New York – August 31, 2021: WISeKey International Holding Ltd. (“WISeKey”) (SIX: WIHN, NASDAQ: WKEY), a global leader in cybersecurity, AI, blockchain and IoT, today announced that it has partnered with Polygon to offer a trusted NFT solution to the masses with the launch of the WISe.ART NFT platform in September 2021. Polygon is a platform for scaling and developing Ethereum infrastructures, as well as for in an Ethereum-compatible blockchain network. The Ethereum ecosystem has been eagerly awaiting the next Ethereum 2.0 upgrade to potentially improve network scalability issues.
Polygon has become the blockchain of choice for NFTs, NFT marketplaces, and blockchain games. Its ultra low transaction fees and durable Proof-of-Stake (PoS) consensus mechanism make Polygon a more convenient option for activities like NFT typing and trading. Polygon Studios, Polygon’s Gaming and NFT branch already works with most of the best web 3.0 games and blockchain-based NFT projects, including Decentraland, Opensea, Sandbox, Somnium Space, Decentral Games, and has 6x the number of games and NFT Dapps than any other chain outside of the Ethereum main chain at around 300+ games and NFT Dapps.
Carlos Moreira, Founder and CEO of WISeKey, said: “We are delighted to cooperate with Polygon to commercially launch our Trusted NFTs solution. WISe.Art is a fully fledged marketplace with its own digital currency, has the ability to include curators and multipliers, white label options, and special NFT designs. The NFT design of the WISe.Art platform ensures that in addition to an authenticated and signed version of the actual digital asset, it creates an irreversible link with the physical object, provides proof of ownership, provenance and a set of contracts describing the future use and monetization of the streams. The NFT platform is secured by the various security technologies of WISeKey allowing the authentication of physical objects as well as digital assets, in a secure end-to-end process.
Sandeep Nailwal, Polygon Co-Founder said: “We are delighted that WISeKey has selected Polygon for the commercial launch of its Trusted NFTs solution. Their high-value NFTs, designed to test the appetite of the art and collectors community, require someone like Polygon, whose ultra-low transaction fees and the sustainable consensus mechanism of Proof-of-Stake (PoS). are essential to meet the requirements of WISeKey. volume market.
The commercial launch of the WISe.Art platform follows a series of high-value NFT market test auctions (started in April 2021), designed to test the appetite of the art and collectors community and respond to the needs of this exclusive, high-volume market. . These market tests included the two worlds first NFT auction of digital twins of a physical watch.
The WISe.Art platform enables NFT trading in WISeKey’s own TrustECoin cryptocurrency, allowing market participants to remain anonymous – if they wish – while ensuring the necessary KYC processes to prevent unwanted activity on the market. WISeID is a trusted identity service that provides access to web and mobile applications with strong authentication techniques. WISeID supports online KYC integration, OTP and digital certificate login, as well as an innovative ‘hands-free’ secure login based on QR codes that users can read using the suite of applications WISeID mobiles without even having to enter a password.
Additional security services include digital signature services for documents. WISeID implements standards such as OpenID Connect and OAUTH2, which can be easily integrated by customers to improve the security of their cloud applications. WISeID can also be combined with Microsoft Active Directory, facilitating integration with business applications.
About Polygon Studios
Polygon Studios is the Gaming and NFT arm of Polygon focused on growing the global Blockchain and NFT games industry and bridging the gap between Web 2 and Web 3 games through investment, marketing and support. developers. The Polygon Studios ecosystem includes popular games and NFT Dapps like OpenSea, Upshot, Aavegotchi, Zed Run, Skyweaver by Horizon Games, Decentraland, Megacryptopolis, Neon District, Cometh, and Decentral Games.
If you are a game developer, builder or NFT creator looking to join the Polygon Studios ecosystem, get started here.
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About the polygon
Polygon is the first well-structured and easy-to-use platform for Ethereum scaling and infrastructure development. Its main component is Polygon SDK, a modular and flexible framework that supports build and connect Secure channels such as Optimistic Rollups, zkRollups, Validium, etc. and stand-alone chains such as Polygon POS, designed for flexibility and independence. Polygon’s scaling solutions have been widely adopted with over 500 Dapps, around 567 million txns, and around 6 million txns daily.
If you are an Ethereum developer, you are already a Polygon developer! Take advantage of Polygon’s fast and secure txns for your Dapp, get started here.
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WISeKey (NASDAQ: WKEY; SIX Swiss Exchange: WIHN) is a leading global cybersecurity company currently deploying large-scale digital identity ecosystems for people and things using blockchain, AI and IoT while respecting humans as the backbone of the Internet. WISeKey microprocessors secure the ubiquitous computing that shapes today’s Internet of Everything. WISeKey IoT has an installed 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, cell phones, cryptographic tokens, etc.). WISeKey is uniquely positioned to be at the forefront of IoT, as our semiconductors produce an enormous amount of big data which, when analyzed with artificial intelligence (AI), can help industrial applications predict the failure of their equipment before it occurs.
Our technology is trusted by OISTE / WISeKey’s Switzerland-based Cryptographic Root of Trust (“RoT”) provides secure authentication and identification, in physical and virtual environments, for Internet of Things, blockchain and l ‘artificial intelligence. The WISeKey RoT serves as a common trust anchor to ensure the integrity of online transactions between objects and between objects and people. For more information, visit www.wisekey.com.
Press and investor contacts:
WISeKey International Holding Ltd
Company contact: Carlos Moreira
Chairman and CEO
Phone. : +41 22 594 3000
WISeKey Investor Relations (United States)
Contact: Léna Cati
The Equity Group Inc.
Phone. : +1 212 836-9611
Contact: Pedro Park
Phone. : +44 781 484 5376
This communication expressly or impliedly contains certain forward-looking statements concerning WISeKey International Holding Ltd and its activities. Such statements involve certain risks, uncertainties and other known and unknown 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 these 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.
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