WECANGROUP AND SEALCOIN INTEGRATE THEIR
TECHNOLOGY TO SECURE DEVICE-TO-DEVICE TRANSACTIONS WITH
STATE-OF-THE-ART KYO (KNOW YOUR OBJECT) SOLUTION BASED IN
SWITZERLAND
Geneva, Switzerland – March 21, 2025 –WISeKey
International Holding Ltd (“WISeKey”) (SIX: WIHN, NASDAQ: WKEY), a
leading global cybersecurity, blockchain, and IoT company, today
announces that its subsidiary SEALCOIN and
WeCanGroup are joining forces to enable
secure transactions and advanced identity
verification within the WeCanGroup ecosystem. This
partnership will bring together SEALCOIN’s blockchain-based
IoT and digital asset ecosystem with WeCanGroup’s
trusted compliance and data security framework,
enhancing the way banking, government and
defense sectors onboard and interact with connected
devices.
SEALCOIN is designed to securely authenticate and
facilitate transactions between IoT devices, making them
fully trusted and autonomous actors within a
decentralized economy. By integrating SEALCOIN’s
cybersecurity and blockchain capabilities into the WeCanGroup
ecosystem, IoT devices will be able to perform secure, verifiable
transactions while ensuring compliance with industry
regulations.
WeCanGroup, a leader in secure digital identity and
compliance solutions, is dedicated to enhancing
data security and trust across industries. Through this
collaboration, WeCanGroup’s Know Your Client (KYC) and Know
Your Business (KYB) solutions will be expanded with Know Your
Object (KYO), a revolutionary approach to
verifying and managing IoT devices in highly regulated
environments.
Unlocking New Use Cases in Regulated
Sectors
The integration of SEALCOIN and WeCanGroup’s digital
identity solutions will foster advanced onboarding
processes for IoT ecosystems, enabling high-trust,
high-security transactions in:
✔ Banking & Finance – Enabling
trusted digital asset transactions, compliance-driven IoT
payments, and regulatory oversight for financial
services.
✔ Government & Public Services – Secure
authentication of connected devices used in critical
infrastructure, identity management, and smart city
applications.
✔ Defense & Aerospace – Ensuring
tamper-proof identity verification and transactional
integrity for defense IoT systems and secure communication
networks.
Strengthening Cybersecurity & Compliance for the IoT
Economy
“This partnership marks a significant step toward making
IoT truly transactional, while ensuring compliance and data
security,” said Carlos Moreira, Founder and CEO at
WISeKey. “With SEALCOIN’s advanced PKI-based IoT
security and WeCanGroup’s trusted compliance
solutions, we are creating a new standard for
identity and transaction verification in highly regulated
environments.”
“WeCanGroup has always been committed to enhancing data
integrity and regulatory compliance, and this
collaboration will allow us to extend our expertise beyond
individuals and enterprises to include connected devices,”
added Vincent Pignon, Founder and Chairman at
WeCanGroup. “By combining KYC, KYB and KYO, we are
enabling a future where IoT transactions are as secure,
compliant, and trusted as any financial transaction
today.”
Next Steps
The partnership will initially focus on pilot programs
with key partners in finance, government and defense,
before expanding to broader industrial and smart infrastructure use
cases.
About WeCanGroup
Founded in 2015 in Switzerland, WeCanGroup is a leading provider
of blockchain-based solutions for secure data management, serving
individuals, enterprises, and financial institutions. The company
is dedicated to improving data handling efficiency in response to
the increasing volume of sensitive information being generated
globally. By leveraging blockchain technology, WeCanGroup promotes
the tokenization of data as a solution to common issues related to
data completeness, redundancy, and security.
One of WeCanGroup’s flagship platforms, Wecan Comply, is a
leading platform for orchestrating KYC & KYB compliance data.
From onboarding to periodic reviews and audits, the platform
seamlessly connects financial institutions through a secure and
standardized data exchange protocol.
WeCanGroup has established itself as a market leader in
Switzerland, recognized and adopted by major wealth management
firms, banks, financial intermediaries, and large global
enterprises. The platform enables the storage, request, sharing,
and management of various types of data, such as KYB and KYC,
leveraging the most advanced data exchange and storage
infrastructure on the market.
About SEALCOIN
SEALCOIN, powered by WISeKey, is a secure digital transaction
platform designed to enhance safety and compliance in
blockchain-based payments and device-to-device transactions. With a
strong focus on identity verification and cryptographic security,
SEALCOIN is shaping the future of trusted digital ecosystems.
For more information, please visit
www.sealcoin.ai and
www.wecangroup.ch.
About WISeKey
WISeKey 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, (iv) WISe.ART Corp which focuses on trusted
blockchain NFTs and operates the WISe.ART marketplace for secure
NFT transactions, and (v) SEALCOIN AG which focuses on
decentralized physical internet with DePIN technology and house the
development of the SEALCOIN platform.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.
DisclaimerThis 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.Press and Investor
Contacts
WISeKey International Holding LtdCompany
Contact: Carlos MoreiraChairman & CEOTel: +41 22 594
3000info@wisekey.com |
WISeKey Investor Relations (US) The Equity
Group Inc.Lena CatiTel: +1 212 836-9611 lcati@equityny.com
|
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