WISeKey, together with a Group of International Experts, to Discuss How Governments, Health and Travel Organizations can Deploy WIShelter Covid-19 Trusted Digital Health Passport on the Blockchain
Virtual Meeting scheduled for July 23 at 3:00 PM CET
(to register go to https://www.wisekey.com/wisekey-webinar/)
Geneva – July 21, 2020 - WISeKey International Holding Ltd (“WISeKey”, SIX: WIHN / Nasdaq: WKEY), a leading cybersecurity and IoT company, is organizing a Virtual Meeting with the participation of leading experts from IATA, World Tourism Organization, Blockchain Research Institute, Geneva Government, IMD, MIT and TAG Aviation to discuss the deployment of WIShelter Covid-19 Trusted Digital Health Passport on the Blockchain by governments, health and travel organizations. The Virtual Meeting will be held on July 23 at 3:00 PM CET (to register go to https://www.wisekey.com/wisekey-webinar/).
COVID-19 has become a global pandemic and it is unclear how long it will continue to disrupt global economies and societies with a detrimental effect on economic activity. The uncertainty around how long this situation will persist and what will be the consequences for the health and economies of societies increases the complexity of developing and design a concise set of measures to mitigate the risks. With the emergence of COVID-19, the world is experiencing unprecedented challenges that could erase all of the 4th Industrial Revolution developments. The pandemic has profoundly impacted the ongoing digital transformation by accelerating the need for countries and individuals to start adopting digital technologies to ensure their basic well-being, and future productivity.
This webinar is co-organized by WISekey and the Trust Protocol Association. The purpose of the Trust Protocol Association is to establish a new Trust Protocol for the Internet to create a new Global Trust platform by combining traditional Cryptographic Trust Models with distributed blockchain ledgers. The mission of the Trust Protocol Association is to create an ecosystem of governmental, technology and business partners, where each partner represents a node with the possibility of having multiple nodes per country.
During this Virtual Meeting, participants will discuss several developments of applications including WIShelter to allow local governments to enable healthy/immune persons to safely return to their jobs thus reduce the economic impact of the epidemic while protecting the high-risk population by controlling the spread of this infectious disease.
For almost two decades, WISeKey has contributed to the design and implementation of global standards for the internet’s long-missing identity layer: decentralized, point-to-point exchange of information about people, organizations, or things – enabled by blockchain and certified by cryptographic Root of Trust. WISeKey’s technology, products and services can be used by individuals and organizations.
The app now includes a WISeID Health Card with important medical details like blood type, allergies, and other medical conditions, and can be enriched with digital health certificates, as it’s the case of the result of an official COVID-19 test.
This simple method to display the Health Card could allow law enforcement and other public services to apply controls during the de-escalation phase of the pandemic.
Please Click Here to view the interview of WISeKey’s CEO, Carlos Moreira on the fight against Covid-19 on the TD Ameritrade Network.
All health details are encrypted and linked to the user’s identity, represented by a Digital Certificate. Encrypting this data is important to protect user’s confidential information and ensuring that the user is staying up-to-date with its health credentials, and is in compliance with all privacy requirements, like the European General Data Protection Regulation (Directive 95/46/EC), known as GDPR, the primary law regulating how companies protect EU citizens’ personal data. WISeKey is a fully Qualified Trust Service Provider (TSP) under eIDAS, the updated EU regulations dealing with trusted eID and electronic transactions and Webtrust.ORG.
Blockchain-based solutions aim to override the need for a central authority by distributing information previously held in a centralized repository across a network of participating nodes. While Blockchain is not owned by one individual or organization, anyone with an internet connection (and access, in the case of private Blockchains) can make use of it, help maintain and verify it. When a transaction is made on a Blockchain, it is added to a group of transactions, known as ‘blocks”. Each block of transactions is added to the database in a chronological, immutable chain. Each block is stamped with a unique cryptographic code, which ensures that records are not counterfeited or changed. The Blockchain approach lacks legal validity in most jurisdictions, which only recognize the digital signatures as equally valid that manuscript signatures when generated using traditional PKI technology.
Using their digital identity secured by WISeKey, users will be able to geo-localize other certified users and stablish secure communications. If needed, the app allows users to prove to local authorities that they are respecting the stay at home recommendations. To ensure the data privacy, each user’s Personal Identifiable Information is kept encrypted and never disclosed without their consent.
To that effect, WISeKey has launched an enhanced version of WISeID, adding easy to use strong authentication and email security capabilities that can remediate threats like phishing, ransomware or identity theft. Strong Authentication is a mechanism able to enhance security by complementing the traditional username/password access to online services with additional security factors, like biometry, hardware tokens and one-time-passwords. Additionally, secure eMail techniques allow confidential messages to be exchanged encrypted, and to affix a “digital signature” to the outgoing email, ensuring the recipient that the message comes from a genuine person and that has not been manipulated in the way.
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.
Press and investor contacts:
| WISeKey International Holding Ltd|
Company Contact: Carlos Moreira
Chairman & CEO
Tel: +41 22 594 3000
| WISeKey Investor Relations (US)|
Contact: Lena Cati
The Equity Group Inc.
Tel: +1 212 836-9611
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.