WISeKey presented metaverse ID at Building Better

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WiseKhey presented the IDENTIFIER Metaverse to Building better worlds Chinese Metaverse Event

A Fa follow-up discussion will be organized in Davos in May 25 during Code to Metaverse andevent organized by WISeKHey
https://www.wisekey.com/wisekey-webinar/davos-2022-register/

Geneva, Zug, Switzerland – May 13, 2022 – WISeKey International Holding Ltd (“WISeKey”, SIX: WIHN), a leading cybersecurity, IoT and AI company, today announced that its CEO and Founder Carlos Moreira introduced WISeKey Metaverse technologies to the Building better worlds Series of global conferences in China, designed to examine the potential of Web 3.0 in improving people’s lives. The mission is to bring together leaders and innovators in the global blockchain, Defi, NFT and metaverse communities, content creators, social commentators, entrepreneurs and investment institutions to better understand where this technology is taking us and to help chart a course. before.

The event, the most prestigious of its kind in China, focused on life-threatening applications of the metaverse.

Speakers:

1. Rao Shi, Dean of Tencent Group Research
2. Hong Bing Gao, Dean of Alibaba Group Research
3. Xiao Chuan Guo, Founder of Peng Yin/ Co-founder of Blue Dolphin NFT
4. Carlos Creus Moreira, CEO and Founder of WISeKey 创始人兼首席执行官
5. Ingo Rube—KILT协议创始人,BOTLabs 首席执行官
6. Moderator: Maria Pia Aqueveque – Founder and CEO of Maqueveq & Co

The event covered the following topics:

  • How will the NFT and Metaverse frontier improve our lives?
  • Will the Web3 and the Metaverse be a platform for a new innovation economy?
  • Will industry self-regulation work?
  • How will Defi and digital currencies develop in different parts of the world?
  • What is the path to mass adoption of the Metaverse?
  • Will we all become creators?
  • Who will own what – from personal data to digital brands?
  • What tools and approaches do we have or need to create a meaningful metaverse?
  • How do we make it all “green”?
  • Will NFTs and the Metaverse revolutionize cultural consumption?
  • How companies like WISeKey can secure Metaverse avatar identities.

WISeKey explained how Avatar identities will allow us to navigate the metaverse using its WISeID technology by delegating our presence on the metaverse to authenticated versions of ourselves created via machine learning that would navigate and perform all kinds of transactions in our name.

First-generation WISeID acted as a trusted identity service that provides access to web and mobile applications with strong authentication techniques. WISeID supports online KYC onboarding, OTP and digital certificate login, as well as an innovative “hands-free” secure login based on QR codes that users can read using the software suite. WISeID mobile applications 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 enterprise applications.

WISeID second generation digital identities in the metaverse include an in-protocol identification module, while additional applications will be developed. Users will have autonomy over their identity, which means that they will have full control of their personal identification information and therefore will not need to rely on a central entity or a third party for verification of their identity. . With a true NFT identity, users can create, sign, and verify claims, while parties who interact with a user will be able to prove their identity. In addition, users will be able to selectively disclose their information.

Users can build reputation on Metaverse through digital identities, improving how we exchange value. Value is exchanged through digital signatures, verification requests, and transactions; these transactions then allow a user to gradually build a reputation that can be inspected and verified by other digital identities and valuable intermediaries. You can download your ID from WISeID.com.

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 things using Blockchain, AI and the IoT by respecting the human being as the pivot of the Internet. WISeKey microprocessors secure the pervasive computing that shapes today’s Internet of Everything. WISeKey IoT has an installed 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, phones laptops, 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 failure of their equipment before it occurs.
Our technology is endorsed by the Swiss-based cryptographic root of trust (“RoT”) of OISTE/WISeKey which provides secure authentication and identification, in 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 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
CEO
Tel: +41 22 594 3000
[email protected]

WISeKey Investor Relations (USA)
Contact: Lena Cati
Equity Group Inc.
Tel: +1 212 836-9611
[email protected]

Warning:
This communication expressly or implicitly contains certain forward-looking statements regarding 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 securities and does not constitute an offer prospectus within the meaning of article 652a or article 1156 of the French Code of Obligations. nor a listing prospectus. within the meaning of the listing rules of the SIX Swiss Exchange. Investors should rely on their own assessment of WISeKey and its securities, including the merits and risks involved. Nothing contained herein is or should be taken as a promise or representation as to the future performance of WISeKey.

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