WISeKey Joins The Blockchain Research Institute’s Special Category of Member Companies Dedicated to Pushing Blockchain Technology Forward for a New “Universal Decentralized Identification” (UID) System
WISeKey International Holding Ltd (“WISeKey” SIX: WIHN; OTCQX: WIKYY)), a leading Swiss cybersecurity and IoT company, announced that it joined The Blockchain Research Institute’s (BRI) special category of members dedicated to pushing BlockChain technology forward.
BRI, an independent global think-tank, brings together the world’s leading authorities to undertake ground-breaking research on BlockChain technology. Currently, WISeKey is the largest provider of Digital Identification in the world with over 20 years of expertise in PKI, IoT and Identity Management. Its Root of Trust (RoT) is the most ubiquitous version on the Internet with over 4 billion downloads and installs.
WISeKey’s CertifyID integrates Digital Identity with BlockChain technology. CertifyID BlockChain acts as a Digital Identity dual factor authentication-based technology that sits on top of a BlockChain. The CertifyID BlockChain is constantly growing as new Identity blocks are added to it with a new set of recordings. Each CertifyID Identity node gets a copy of the Identity CertifyID BlockChain and is downloaded automatically upon joining the Identity CertifyID network. The system is totally decentralized and can be operated at national or local levels using a distributed identity ledger run by trusted parties spread across the BlockChain
Last year, WISeKey, a pioneer in Digital Identification and BlockChain, unveiled its plan to create Digital Identity BlockChain Platform CertifyID, which is in line with the UN Sustainable Development Goals to provide every person on the planet with a Legal Digital Identity by 2030.
“For years, we have used digital identities to allow people to vote electronically, secure their financial transactions, access their health records and now we are moving towards a universal use of Digital Identities,” said Carlos Moreira, Founder and CEO of WISeKey.
“WISeKey and the BRI are pioneering the way BlockChain and Digital Identity disrupt industries and decentralized Trust. At the heart of this industrial platform is the OISTE-WISeKey Cryptographic RoT which has been actively used since 1999 by over 4 billion desktops, browsers, mobile devices, SSL certificates and IoT devices sharing a universal ledger. The OISTE WISeKey Cryptographic RoT is ubiquitous and universal, and a pioneer in the creation of Digital Identities,” concluded Mr. Moreira.
“Companies around the world are looking for new, innovative ways for this technology to transform their business model, particularly in identity management” said Blockchain Research Institute co-Founder and Executive Chairman Don Tapscott. “WISeKey has proven itself a tremendous leader in that sector for years.”
“In the BlockChain ecosystem, no company is an island,” said Tapscott. “The network we’re building at the BRI between some of the world’s most influential global enterprise leaders and pioneers in the BlockChain space is crucial to executing on the insights provided by our research.”