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WISeKey and Race for Water Foundation Announce at the Geneva Blockchain Congress an Innovative Identity Blockchain Solution to Reduce Pollution of the Oceans and Offset Plastic Footprint

Geneva, Switzerland / New York, USA - January 23, 2019 - WISeKey International Holding Ltd ("WISeKey") (...)

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WISeKey and Race for Water Foundation Announce at the Geneva Blockchain Congress an Innovative Identity Blockchain Solution to Reduce Pollution of the Oceans and Offset Plastic Footprint

Geneva, Switzerland / New York, USA – January 23, 2019 – WISeKey International Holding Ltd (“WISeKey”), (SIX: WIHN) a cybersecurity IoT platform company, today announced that in partnership with the Race for Water Foundation, a charity organization dedicated to water preservation, invites manufacturers and users of plastic products to participate in the “Race for Water Program” to reduce global pollution and offset plastic footprint.

Using its Identity Blockchain technology, WISeKey will generate a digital identity stored in WISeKey’s Blockchain for each plastic product manufactured by participating companies and link it with a secure form-factor embedded on the product using QR codes, NFC microchips (using a new U.S. patent. No. 7,898,422 for an anti-counterfeiting NFC device) or UHF RFID technologies.  Upon purchase of a product equipped with an embedded form-factor, the customer, using the Race for Water App installed on their phone, has the ability to scan it and get information about the product and its ecological impact if not properly recycled.

Each product has a unique digital identity, and can generate a certain amount of Plastic Tokens, a cryptocurrency developed by WISeCoin AG, a Special Purpose Vehicle created by WISeKey. The amount of Plastic Tokens will be proportional to and indicative of the recycling efforts made over the life of the scanned plastic product.  Furthermore, Plastic Tokens represent a ‘donation promise’ to the Race for Water Foundation.

Once a product is equipped with an embedded form-factor, every transaction is digitally signed using WISeKey’s Identity Blockchain and PKI technology, giving an accurate and immutable representation of the recycling efforts made by each and every participating company. These companies and their efforts to save/clean the environment will be entered into a master database managed by the Race for Water Foundation and will be ranked according to the volume of Plastic Tokens transactions generated by each one of them.

Additionally, Race for Water Foundation is cooperating with ETIA (Evaluation Technologique, Ingénierie et Applications), a French engineering group specialized in ecotechnologies, to process non-sorted plastic wastes and convert them into electricity. ETIA’s Plastic to Electricity Pyrolysis Plants (https://www.raceforwater.org/en/the-race-for-water-foundation/act/biogreen-by-etia/) can process between  5 and 12 tons of plastic waste daily and generate enough electricity to fulfill the needs of approximately 6000 families.



“WISeKey is intensively supporting activities related to the environmental protection during ocean related sports events (including sponsoring the 32nd 33th 34th and 35th America’s Cup Americas) and new initiatives like the Race for Water Project. At WISeKey, we recognize the urgent need to clean up the oceans of plastic waste as the equivalent of one truckload of plastic is dumped into our oceans every minute.  We pledge to work with global and local organizations to raise the awareness, increase recycling efforts and reduce plastic pollution across the globe,” said Carlos Moreira, Founder and CEO of WISeKey.

About Race for Water Foundation 



In 2010, Swiss entrepreneur Marco Simeoni created the Lausanne-based Race for Water Foundation and devotes every bit of his entrepreneurial fibre to the service of the oceans. Passionate about the sea, in 2015 he decided to launch a scientific and environmental expedition, the Race for Water Odyssey, to make the first global assessment of the plastic pollution of our oceans.  The findings are clear, “plastic islands” per se are not out there so collecting plastic waste at sea is not a realistic solution. The findings have shown that there is a “soup” of microplastics that drift at the mercy of the oceanic gyres. “We very quickly became aware that the solution was on land. It is absolutely vital that we prevent plastic waste from reaching the oceans”, explains Marco Simeoni. On the 9th of April 2017, Race for Water set sail around the world once more but this time on a five-year Odyssey, to offer solutions for preserving the oceans from plastic pollution, a genuine environmental disaster on a planetary scale. https://www.raceforwater.org/en/the-race-for-water-foundation/act/

About WISeKey

WISeKey (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 Semiconductors secure the pervasive computing shaping today’s Internet of Everything. WISeKey has an installed base of over 1 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 secure 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, 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

info@wisekey.com
WISeKey Investor Relations (US)

Contact: Lena Cati

The Equity Group Inc.

Tel: +1 212 836-9611

lcati@equityny.com

Disclaimer :

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.

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WISeKey and the Blockchain Research Institute sign agreement to create interconnected Blockchain Centers of Excellence around the world https://www.wisekey.com/press/wisekey-and-the-blockchain-research-institute-sign-agreement-to-create-interconnected-blockchain-centers-of-excellence-around-the-world/ Sat, 19 Jan 2019 08:30:00 +0000 https://www.wisekey.com/press/wisekey-and-the-blockchain-research-institute-sign-agreement-to-create-interconnected-blockchain-centers-of-excellence-around-the-world/

WISeKey and the Blockchain Research Institute sign agreement to create interconnected Blockchain Centers of Excellence around the world

The agreement was announced by Don Tapscott and Carlos Moreira at the Geneva Annual Blockchain Congress


Geneva, January 19, 2019 - WISeKey International Hol (...)

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The agreement was announced by Don Tapscott and Carlos Moreira at the Geneva Annual Blockchain Congress

Geneva, January 19, 2019 – WISeKey International Holding Ltd (“WISeKey“) (SIX: WIHN), a leading global cybersecurity, Blockchain and IoT company, announced today the signing of a partnership with the Blockchain Research Institute (BRI) for the creation of a number of interconnected Blockchain Centers of Excellence around the world. In addition to the Blockchain Centers of Excellence already being established by WISeKey in India, Mauritius and Rwanda, the agreement foresees the creation of additional centers, starting with two new centers in Buenos Aires, Argentina and Geneva, Switzerland.

The spirit of this initiative is to promote the use of blockchain technologies internationally, facilitate the rapid adaptation and on-boarding of blockchain-based solutions, foster stronger collaboration between the public, private and academic sectors and cooperate to ensure that the latest technological standards are made available in a safe and trusted manner. The Blockchain Centers of Excellence will also be instrumental in prototyping, the co-creation of use cases and IP creation on blockchain technology and platforms. They will also become a channel to engage companies and governments globally in the work of BRI, as well as a distribution channel for BRI’s research.

The Blockchain Centers of Excellence will operate as a coordinated, interoperable blockchain ecosystem around the world, allowing all partners to fully benefit from shared learnings, experiences and resources. Each Blockchain Center of Excellence is expected to develop a particular expertise that can be shared among all centers. For example, the Blockchain Center of Excellence in Buenos Aires will spearhead the development of particular platforms and applications to fight counterfeiting, illicit trade and corruption, while the Geneva Blockchain Center of Excellence will focus on Fintech, particularly digital private banking and commodity trading applications.

Carlos Moreira, WISeKey’s CEO & Founder, noted: “The creation of Blockchain Centers of Excellence represents an important step to overcome the tremendous trust deficiency we currently live with and represents an unprecedented effort in fostering stronger collaboration between the public, private and academic sectors for the adoption of latest technological blockchain standards in a safe and trusted manner.”

Don Tapscott, Founder and Executive Chairman of the Blockchain Research Institute, noted: “Blockchain represents the second era of the Internet – from an Internet of Information to an Internet of Value.  We at the BRI are delighted that the Blockchain Centers of Excellence initiative will help the world get access to and take advantage of our work.”

Click here to read Carlos Moreira’s interview with AGEFI.

About WISeKey

WISeKey (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 Secures 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  and www.wisecoin.com.

ABOUT The Blockchain Research Institute

The Blockchain Research Institute (BRI) is a division of The Tapscott Group Inc. It is an independent, global think-tank, co-founded by Don and his son Alex Tapscott.  The Tapscott’s are the authors of Blockchain Revolution – the number one global best seller about blockchain.  BRI brings together the world’s top global researchers to undertake ground-breaking research on blockchain technology. Funded by a membership consisting of international corporations and government agencies, BRI’s multi-million-dollar research program features over 100 projects exploring the strategic implications of blockchain on business, government and society. From market opportunities to best practices and implementation challenges, BRI is dedicated to inspire and prepare private- and public-sector leaders to be the catalysts of the blockchain transformation. 
https://www.blockchainresearchinstitute.org/

Press and investor contacts

WISeKey Company Contact:
Carlos Moreira
Chairman & CEO
Tel: +41 22 594 3000
info@wisekey.com

WISeKey Investor Relations (US) Contact:
Lena Cati
The Equity Group Inc.
Tel: +1 212 836-9611
lcati@equityny.com

Blockchain Research Institute
Company Contact:
Don Tapscott
Founder and Executive Chairman
info@tapscott.com

BRI Media Contact:
Luke Bradley
Director of Communications
Tel: +1 647 228-3686
luke@tapscott.com

Disclaimer:

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.

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WISeKey to launch The TransHuman Code at the “Davos Gathering of Minds” https://www.wisekey.com/press/wisekey-to-launch-the-transhuman-code-at-the-davos-gathering-of-minds/ Thu, 18 Jan 2018 06:00:00 +0000 https://www.wisekey.com/press/wisekey-to-launch-the-transhuman-code-at-the-davos-gathering-of-minds/  WISeKey to launch The TransHuman Code at the "Davos Gathering of Minds"

Dynamic Global Knowledge AI Platform for the Convergence of Technology and Humanity to be Introduced on January 24 with International Leaders in Davos

GENEVA & ZUG, Switzerland - January 18, 2018 - WISeKey Internatio (...)

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 WISeKey to launch The TransHuman Code at the “Davos Gathering of Minds”

Dynamic Global Knowledge AI Platform for the Convergence of Technology and Humanity to be Introduced on January 24 with International Leaders in Davos

GENEVA & ZUG, Switzerland – January 18, 2018 – WISeKey International Holding Ltd (“WISeKey”, SIX: WIHN), a leading cybersecurity and IoT company announced that The TransHumanCode.com is the first interactive “knowledge platform” for managing the convergence of humanity and technology, its impact on our daily lives, and the long-term implications. This dynamic initiative will be introduced on January 24 in Davos, Switzerland during the world’s foremost assembly of international leaders. 

In an innovative multi-media program, informing and engaging all citizens of the world about the dynamic influences of technology in our personal, communal and professional lives, The TransHuman Code was formed to redefine the hierarchy of our needs and how we will meet them in the future.

Originated by Swiss cybersecurity pioneer, WISeKey and authored by Carlos Moreira and David Fergusson, The TransHuman Code will feature exclusive insights from the world’s premier authorities on the application of AI, Blockchain, Cybersecurity, IoT, and Robotics to transhuman.education, employment, communication, transportation, communities, security, government, food, finance, entertainment and health.

“The TransHuman Code Davos Gathering of Minds” hosted by CBS Inside Edition Host Megan Alexander, will bring together global leaders in technology, business, finance, government, academia and the media for this exclusive event. Highlights include the introduction of the world’s first digital person and the first autonomous flying “taxi”, live expert interviews and exclusive high-level discussion and debate amongst the platform contributors.

Participants will be amongst the first in the world to meet Rachel, the revolutionary Digital Personal Assistant from Soul Machines and IBM Watson. Able to see you, listen to you and feel your emotions, Rachel’s neural network combines biologically inspired models of the human brain and key sensory networks to create a Human Computing Engine.

Vimana has created the world’s first autonomous aerial vehicle for transporting people and payload. With vertical takeoff and landing capability, the Vimana platform, combines IOT, AI and Blockchain and is already in the air bringing the future travel to the market today.

The “Davos Gathering of Minds” launch, led by Mr. Moreira and Mr. Fergusson, will feature live interviews with Megan Alexander and moderated discussion amongst the assembled leading experts including:

Alex Pentland |Director, MIT Connection Services and Human Dynamics Lab
Evgeni Borisov | Founder and CEO, Vimana Global
Salim Ismail | Author, Exponential Organizations (Founding CEO, Singularity University)
Greg Cross | Chief Business Officer, Soul Machines
Rachel | The World’s First Digital Person
Shantenu Agarwal | Director, IBM Watson
Rodrigo Arboleda | Chairman, Fast Track Institute

Beyond the launch, The TransHuman Code initiative will facilitate important conversations, provide access to the latest scientific knowledge and discoveries, and offer rare access to key people and places at the forefront of our TransHuman future. Subject matter experts will engage and inform the global citizenry in thoughtful dialogue regarding the dynamic interplay between humanity and ever-evolving technology. It will help us to better understand the merger of man and machine in our personal, communal, and professional existence, and challenge us to confront the application of technology to the infrastructure of our lives.  This is The TransHuman Code at work.
To learn more about The TransHuman Code Launch event, visit: www.transhumancode.com.  

About WISeKey:
WISeKey (SIX Swiss Exchange: WIHN) is a leading global cybersecurity company currently deploying large scale digital identity ecosystems with a patented process. 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.

To receive WISeKey’s latest news, subscribe to our Newsletter or visit the WISeKey Investors Corner.

Press and investor contacts:

WISeKey International Holding Ltd 
Company Contact:  Carlos Moreira
Chairman & CEO
Tel: +41 22 594 3000
info@wisekey.com
WISeKey Investor Relations (US) 
Contact:  Lena Cati
The Equity Group Inc.
Tel: +1 212 836-9611
lcati@equityny.com

Disclaimer:
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.

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WISeKey attended SkyBridge alternatives (SALT) Conference in Las Vegas https://www.wisekey.com/press/wisekey-attended-skybridge-alternatives-salt-conference-in-las-vegas/ Sat, 09 May 2015 10:02:44 +0000 https://www.wisekey.com/?p=9405 Introduced BIGtrust in U.S. and held discussions focused on the need of establishing a cybersecurity global coalition to protect the financial sector

Las Vegas, May 8, 2015 – WISeKey’s Founder and CEO, Carlos Moreira attended the SkyBridge Alternatives (SALT) Conference, which took place from May 5th to May 8th at the Bellagio in Las Vegas, Nevada. At the conference, Mr. Moreira met with business and political leaders and held discussion focused on the need for establishing a cybersecurity global coalition to protect the financial sector.
The SkyBridge Alternatives (SALT) Conference facilities balanced discussions and debates on macro-economic trends, geo-political events and alternative investment opportunities for the year ahead. With over 1,800 thought leaders, public policy officials, business professionals, investors and money managers from over 42 countries and 6 continents, the SALT Conference provides an unmatched opportunity for attendees from around the world to connect with global leaders and network with industry peers.
This year’s event featured presentations from industry leaders in investment management, business, economics and public policy including: former US Secretary of Defense, Chuck Hagel; former US Secretary of State, Condoleezza Rice; Prime Minister of Australia, Julia Gillard; US Army General, David H. Petraeus; Chairman & Editor-in-Chief of Forbes Media, Steve Forbes; and Former Chairman, Board of Governors of the Federal Reserve System, Dr. Ben S. Bernanke.  Over the course of the program, more than 100 speakers participated in over three dozen panels, speeches, and breakout sessions, addressed current critical geopolitical and economic issues.  The agenda and list of speakers are available at http://saltconference.com.
Mr. Moreira, said, “It was a great honor to be invited to attend the SALT Conference in Las Vegas, a prestigious annual conference hosted by the investment firm, SkyBridge Capital.  During the event, I had the opportunity to introduce the concept of BIGtrust in the U.S. BIGtrust is a global cybersecurity venture jointly established by WISeKey and OISTE.Org foundation, with the objective of promoting the use and adoption of international standards to secure electronic transactions.”
What is the difference between ‘security’ and ‘trust’ on the internet?
Trust is local, security is global. 2015 is shaping up to be the year that consumers and companies both come to this realization. Opportunities to bridge this gap abound as cyber-security start-ups quickly become Silicon Valley’s most recent fascination and venture capitalists have flooded the sector with investment as they look to back the latest technology used to fight criminals online.
On the whole, we’re doing a great job at securing the internet and developing new technologies to allow for enhanced personal data protection. But if security is to be viable, it must be engineered at the global level. Enter BIGtrust, the new coin of the realm that is rapidly replacing the market’s fascination with Big Data.
At the recent World Economic Forum in Davos January 2015, BIGtrust emerged as a concept that gives due weight to trust’s importance in the digital age as billions of people around the world have grown increasingly distrustful of the internet and that the urgent necessity for a new model has emerged. For more information visit www.bigtrust.org.
 
About SkyBrige Capital
SkyBridge Capital is a global alternative investment firm with $13.1 billion in assets under management or advisement (as of February 28, 2015). (heartfulness.org) The firm offers hedge fund investing solutions that address a wide range of market participants from individual investors to large institutions.
SkyBridge takes a high-conviction approach to alpha generation, expressed through a thematic and opportunistic investment style. The firm manages multi-strategy funds of hedge funds and customized separate account portfolios, and provides hedge fund advisory services.
 
About WISeKey
WISeKey is a leading information cybersecurity and identity Management Company, a global growth partner of the World Economic Forum, providing specialized technologies for data protection, effective identification and authentication of people or objects to ensure secured communications and transactions without compromising trust. Established in 1999 and headquartered in Geneva, Switzerland, WISeKey has facilitated and enabled the use of secure digital identities in everyday life as well as enhancing trust, privacy and inclusion.
A world-leading eSecurity company, WISeKey presides over physical infrastructures, mobile networks and the Web to ensure secure communications, exclusive relationships, protected identities and authenticated transactions. All without compromising trust and privacy. Its strategic location in Switzerland and partnerships with leading global organizations and brands set WISeKey apart from other digital security providers. While its DNA is strongly based in digital security technology, the Company strives to deliver 360 degree solutions based on individual needs.
For more information visit https://www.wisekey.com or on Twitter @wisekey

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Should BigTrust.org replace Big Data? A big Subject for the first-of-its kind Cybersecurity “summit” https://www.wisekey.com/press/bigtrust-org-replace-big-data-big-subject-first-kind-cybersecurity-summit/ Fri, 13 Feb 2015 12:17:23 +0000 https://www.wisekey.com/?p=8928 Should BigTrust.org replace Big Data? A big Subject for the first-of-its kind Cybersecurity “summit”

GENEVA, Feb. 13 2015 – President Barack Obama will convene top executives today in a first-of-its kind cybersecurity “summit” taking place as the government and corporate executives each struggle to adjust to persistent and sophisticated breaches.

One of the big subjects will be Big Trust and how companies that embrace Big Trust and prioritize security over customer-data commercialization will be rewarded by consumers who tire of repeated intrusions into their privacy.

BIGTRUST.ORG

What is the difference between ‘security’ and ‘trust’ on the internet?

Trust is local, security is global. 2015 is shaping up to be the year that consumers and companies both come to this realization. Opportunities to bridge this gap abound as cyber-security start-ups quickly become Silicon Valley’s most recent fascination and venture capitalists have flooded the sector with investment as they look to back the latest technology used to fight criminals online.

On the whole, we’re doing a great job at securing the internet and developing new technologies to allow for enhanced personal data protection. But if security is to be viable, it must be engineered at the global level. Enter Big Trust, the new coin of the realm that is rapidly replacing the market’s fascination with Big Data.

At the recent World Economic Forum in Davos 2015, Big Trust emerged as a concept that gives due weight to trust’s importance in the digital age as billions of people around the world have grown increasingly distrustful of the internet and that the urgent necessity for a new model has emerged.

More information on BigTrust is available at:

https://agenda.weforum.org/2015/01/should-big-trust-replace-big-data/?adbid=562403886665695234&adbpl=tw&adbpr=154249812&scid=social_20150203_3956279

Author: Carlos Moreira is Founder and CEO of WISeKey, a Geneva-based World Economic Forum Global Growth Company and member of the World Economic Forum  and Member of the World Economic ForumGlobal Agenda Council on the Future of IT Software & Services

WISeKey is a leading global digital security solutions company. Working at the forefront of information cybersecurity, identity management, and mobile software services, WISeKey’s mission is to facilitate the global growth of secure electronic transactions by providing individuals, businesses, and governments with advanced technology and services that authenticate and protect digital identity across the full spectrum of personal, business and administrative transactions online. WISeKey, established in Geneva, Switzerland in 1999,https://www.wisekey.com, is a World Economic Forum Global Growth Partner Company.

Contact Person: Youmna Abisaleh, yabisaleh@wisekey.com +41 79 946 00 89

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WISeKey launches WIS.WATCH the Trusted Key to your Data https://www.wisekey.com/press/wisekey-launches-wis-watch-trusted-key-data/ Mon, 02 Feb 2015 12:33:44 +0000 https://www.wisekey.com/?p=8907 WIS.WATCH, a revolutionary technology mutation has been created by WISeKey for a completely new way of interaction between a human being and a watch allowing the watch to become the key to the smartphone. The first NFC watch that sends a Secure Digital Identity via NFC to the WISeID app and activates the login process on the smartphone.
wis.watchdesign
Basically you use WIS.Watch as the KEY for the smartphone and without the watch the Mobile App with your personal data and cloud access cannot be used or activated, providing enhanced security. WIS.WATCH connects instantly with your smartphone and launches WISeID to protect your Personally Identifiable Information (PII). In the future you can use the cryptographic key that is stored on the watch for many other usages such as activation of your smartphone, unlocking doors and electronic locks at home and at work. Tap your watch to your smartphone or tablet to unlock your app or pay for goods with NFC enabled contactless payment systems.
Thanks to WISeKey ID NFC technology, the WIS.WATCH can be used as a unique personal key identifier and trusted device to access your smartphone, applications, and personal data and secured cloud storage. WIS.Watch and WISeID together offer a unique experience of interconnected objects and strengthens your security while simplifying the user experience. With your connected WIS.WATCH your personal data, documents, and passwords remain safe and can also be securely encrypted and saved in the cloud.
The combination of WIS.WATCH and WISeID app allows you to securely backup your data online. This is handy should your smartphone ever get lost or stolen. You can configure your WISeID app so that after several failed attempts to access your secure data, the key will be wiped and your data erased. You can restore the data from your secure cloud store into a new smartphone or desktop WISeKey using the backup system activated by your WIS.WATCH.

For more pictures and videos, contact: Youmna Abisaleh, yabisaleh@wisekey.com, +41 79 946 00 89

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Should Big Trust replace Big Data? https://www.wisekey.com/press/big-trust-replace-big-data/ Thu, 29 Jan 2015 10:56:09 +0000 https://www.wisekey.com/?p=8899

What is the difference between ‘security’ and ‘trust’ on the internet? Trust is local, security is global. 2015 is shaping up to be the year that consumers and companies both come to this realization. Opportunities to bridge this gap abound as cyber-security start-ups quickly become Silicon Valley’s most recent fascination and venture capitalists have flooded the sector with investment as they look to back the latest technology used to fight criminals online.

On the whole, we’re doing a great job at securing the internet and developing new technologies to allow for enhanced personal data protection. But if security is to be viable, it must be engineered at the global level. Enter Big Trust, the new coin of the realm that is rapidly replacing the market’s fascination with Big Data.

At the recent World Economic Forum in Davos 2015, Big Trust emerged as a concept that gives due weight to trust’s importance in the digital age. Companies that embrace Big Trust and prioritize security over customer-data commercialization will be rewarded by consumers who tire of repeated intrusions into their privacy.

At this year’s Davos Conference, I moderated a round table on CyberSecurity and participated as panelist at the New Business Context: Risky Business session. One conclusion was that with billions of people around the world have grown increasingly distrustful of the internet and that the urgent necessity for a new model has emerged. Big Trust.  Our panel also concluded that there is actual commercial value in offering trust and security.  The fundamental right to privacy is at stake and if users begin to abandon the Internet because of security concerns, the multitude of recent positive developments in digital communications will be lost. All kinds of applications and firms will be negatively affected, including social networks that need further customers and governments that rely on cloud computing.

Our Davos panel also weighed the challenges of scaling up user-centric solutions and they loom large. Sufficient venture capital funds must be sourced. Support from professional business service firms must be won.  Mobile telecommunications networks, typically the least secure, have undergone massive expansion. Finally, our world is becoming increasingly interconnected and multipolar.

Other participants called for collaboration around faster-moving experimental projects in which the new demands of users help feed processes of entrepreneurial innovation in digital identity and personal data management.

One of the most mature and concrete examples of Big Trust on the Internet are the root systems we have developed in Switzerland in collaboration with OISTE*. These systems are created and maintained in secure military bunkers under the Swiss Alps. In the past these vaults held gold, but now they protect something more important – your privacy.

Project DIKTYO:

Recognizing:

  • With big data, the Internet of things and the arrival of new generations of powerful ubiquitous communication along with convergence and cloud computing, we are on the move into yet unchartered territory in digital communications.
  • A wealth of new services, meeting our outstanding needs in health, education, commerce, and public services, stand to be developed and scaled in ways never seen before.

Aware that

  • Continued disorderly access and uncontrolled diffusion of personal information without our knowledge harbours significant risks for misuse.
  • Usability and security are currently subjected to trade-offs that create difficult choices for how to strike the balance.
  • It is becoming increasingly expensive and distortive for financial and other sectors to insure and protect themselves against the risks of cybercrime taking advantages of security glitches.

Against the background of

  • Billions of new human users – most of them members of a young generation – are set to join the Internet.
  • Trillions of devices, ranging from critical infrastructures to sensors to cars to refrigerators to toys or even watches and clothes, stand to go on line.
  • Each user and device will have to be embedded in trusted frameworks of authentication and authorisation framed, in a myriad of constant borderless exchanges and transactions.
  • Devices will be set to take decisions automatically and autonomously.

We, the under signers, agree on the importance of:

  • Mitigating security risks and increasing trust in this dense digital environment, with much higher precision and at lower cost than is the case today
  • Initiating effective collaboration to put in place a coherent system for electronic identities, capable of handling derived identities, operating for humans as well as for devices.
  • Putting users in better control of their digital identity, including what data they share and of their privacy,
  • Ensuring trust interoperability between Cryptographic Rootkeys.
  • Paving the way for trusted search and other e-services,operating across sectorial and national boundaries

We therefore agree to

  • Plug into the proposed Single European Digital Identity Community as envisaged by the Digital Agenda (DAE) in its Key Action 16, collaborate with ETSI, W3C, and IEEE, and engage with the ITU,OECD, ISO and other multilateral and international bodies of relevance to the global linkages and ramifications.
  • Build upon the Davos Charter of 2014 “Addressing Identity Management, Privacy, Security and Trust in Digital Communications” ()
  • Draw upon the work that has been undertaken on new frameworks and business models, e.g., an Individual Digital Identity (INDI) by the GINI project (), comprising user control in sharing personal information, a new generation of service delivery, public data provision and user-driven operator services ensuring the integrity of data, reputational protection, intellectual property rights protection and trust;
  • Benefit from the provision of OISTE ‘s Rootkey () and its innovative neutral Trust Framework.
  • Further examining how to recognize diverse technical solutions, including requirements of common protocols, Defining what legal cross-border interoperability is required for orderly authentication and authorisation in the world of tomorrow?

In order to Achieve:

  • A coherent system for trusted identities, operating for humans as well as for digital devices.
  • A neutral platform for all stakeholders, bridging Multiple Jurisdictions, to address issues of Cyber Security, Search,Privacy and Data Governance in a secure and open Internet.

* The OISTE Foundation, is a Geneva-based, not for profit organization, founded in 1988 was created with the objectives of promoting the use and adoption of international standards to secure electronic transactions, expand the use of digital certification and ensure the interoperability of certification authorities’ e-transaction systems.

This article is published in collaboration with WISeKey. Publication does not imply endorsement of views by the World Economic Forum.

To keep up with Forum:Agenda subscribe to our weekly newsletter.

Author: Carlos Creus Moreira is Founder and CEO of WISeKey, a Geneva-based World Economic Forum Global Growth Company and.pioneer in digital protection, online trust and privacy protection since 1999.

 

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OP-ED BIG TRUST: THE NEW COIN OF THE REALM – BY CARLOS MOREIRA https://www.wisekey.com/press/op-ed-big-trust-the-new-coin-of-the-realm/ Wed, 28 Jan 2015 12:19:25 +0000 https://www.wisekey.com/?p=8895 What is the difference between ‘security’ and ‘trust’ on the internet?  Trust is local, security is global.  2015 is shaping up to be the year that consumers and companies both come to this realization. Opportunities to bridge this gap abound as cyber-security start-ups quickly become Silicon Valley’s most recent fascination and venture capitalists have flood the sector with investment as they look to back the latest technology used to fight criminals online.

On the whole, we’re doing a great job at securing the internet and developing new technologies to allow for enhanced personal data protection.  But if security is to be viable, it must be engineered at the global level. Enter Big Trust, the new coin of the realm that is rapidly replacing the market’s fascination with Big Data.

At the recent World Economic Forum in Davos 2015 , Big Trust emerged as a concept that gives due weight to trust’s importance in the digital age.  Companies that embrace Big Trust and prioritize security over customer-data commercialization will be rewarded by consumers who tire of repeated intrusions into their privacy.

At this year’s Davos Conference, I moderated a round table on CyberSecurity and participated as panelist at the New Business Context: Risky Business session. One conclusion was that with billions of people around the world have grown increasingly distrustful of the internet and that the urgent necessity for a new model has emerged. Big Trust.  Our panel also concluded that there is actual commercial value in offering trust and security.  The fundamental right to privacy is at stake and if users begin to abandon the Internet because of security concerns, the multitude of recent positive developments in digital communications will be lost.  All kinds of applications and firms will be negatively affected, including social networks that need further customers and governments that rely on cloud computing.

Our Davos panel also weighed the challenges of scaling up user-centric solutions and they loom large.  Sufficient venture capital funds must be sourced.  Support from professional business service firms must be won.  Mobile telecommunications networks, typically the least secure, have undergone massive expansion.  Finally, our world is becoming increasingly interconnected and multipolar.

Other participants called for collaboration around faster-moving experimental projects in which the new demands of users help feed processes of entrepreneurial innovation in digital identity and personal data management.

One of the most mature and concrete examples of Big Trust on the Internet are the root systems we have developed in Switzerland in collaboration with OISTE*. These systems are created and maintained in secure military bunkers under the Swiss Alps.  In the past these vaults held gold, but now they protect something more important – your privacy.

Project DIKTYO:
Recognizing:

  • With big data, the Internet of things and the arrival of new generations of powerful ubiquitous communication along with convergence and cloud computing, we are on the move into yet unchartered territory in digital communications.
  • A wealth of new services, meeting our outstanding needs in health, education, commerce, and public services, stand to be developed and scaled in ways never seen before.

Aware that

  • Continued disorderly access and uncontrolled diffusion of personal information without our knowledge harbours significant risks for misuse.
  • Usability and security are currently subjected to trade-offs that create difficult choices for how to strike the balance.
  • It is becoming increasingly expensive and distortive for financial and other sectors to insure and protect themselves against the risks of cybercrime taking advantages of security glitches.

Against the background of

  • Billions of new human users – most of them members of a young generation – are set to join the Internet.
  • Trillions of devices, ranging from critical infrastructures to sensors to cars to refrigerators to toys or even watches and clothes, stand to go on line.
  • Each user and device will have to be embedded in trusted frameworks of authentication and authorisation framed, in a myriad of constant borderless exchanges and transactions.
  • Devices will be set to take decisions automatically and autonomously.

We, the under signers, agree on the importance of:

  • Mitigating security risks and increasing trust in this dense digital environment, with much higher precision and at lower cost than is the case today
  • Initiating effective collaboration to put in place a coherent system for electronic identities, capable of handling derived identities, operating for humans as well as for devices.
  • Putting users in better control of their digital identity, including what data they share and of their privacy,
  • Ensuring trust interoperability between Cryptographic Rootkeys.
  • Paving the way for trusted search and other e-services,operating across sectorial and national boundaries

We therefore agree to:

  • Plug into the proposed Single European Digital Identity Community as envisaged by the Digital Agenda (DAE) in its Key Action 16, collaborate with ETSI, W3C, and IEEE, and engage with the ITU,OECD, ISO and other multilateral and international bodies of relevance to the global linkages and ramifications.
  • Build upon the Davos Charter of 2014 “Addressing Identity Management, Privacy, Security and Trust in Digital Communications” ()
  • Draw upon the work that has been undertaken on new frameworks and business models, e.g., an Individual Digital Identity (INDI) by the GINI project (), comprising user control in sharing personal information, a new generation of service delivery, public data provision and user-driven operator services ensuring the integrity of data, reputational protection, intellectual property rights protection and trust;
  • Benefit from the provision of OISTE ‘s Rootkey () and its innovative neutral Trust Framework.
  • Further examining how to recognize diverse technical solutions, including requirements of common protocols, Defining what legal cross-border interoperability is required for orderly authentication and authorisation in the world of tomorrow?

In order to Achieve:

  • A coherent system for trusted identities, operating for humans as well as for digital devices.
  • A neutral platform for all stakeholders, bridging Multiple Jurisdictions, to address issues of Cyber Security, Search,Privacy and Data Governance in a secure and open Internet.

Carlos Creus Moreira is Founder and CEO of WISeKey, a Geneva-based World Economic Forum Global Growth Company and.pioneer in digital protection, online trust and privacy protection since 1999..

* The OISTE Foundation, is a Geneva-based, not for profit organization, founded in 1988 was created with the objectives of promoting the use and adoption of international standards to secure electronic transactions, expand the use of digital certification and ensure the interoperability of certification authorities’ e-transaction systems.

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WISeKey and OISTE.ORG launch a CyberSecurity Alliance at Davos https://www.wisekey.com/press/wisekey-oiste-org-launch-cybersecurity-alliance-davos/ Mon, 26 Jan 2015 14:49:36 +0000 https://www.wisekey.com/?p=8877 Davos, 22 January-WISeKey, one of the Global Growth Partner Companies of the World Economic Forum is launching this year at Davos a Cybersecurity alliance at the Annual Meeting taking place in Davos, Switzerland 21-24 January 2015.
WISeKey and the OISTE Foundation organized yesterday a CyberSecurity Roundtable and signed a Cybersecurity alliance with a group of companies and organizations participating at Davos.
The CyberSecurity alliance proposed at Davos follow a year of high-profile news stories about hacks of major brands, including, JP Morgan, Sony, Home Depot, Target, Staples and others. Those attacks exposed various customer data, including, in some cases, email accounts, passwords, numbers and verification codes for payment cards. Following these developments, trust in the privacy and security of digital communication has reached a new low.
Carlos Moreira, Founder and CEO of WISeKey and OISTE.ORG said, Cyber security is one of the biggest challenges facing chief executives and political leaders around the world. Much is at stake, given the share of the global economy that is already based upon digital communication and its growing reach into new domains. We cannot work alone on this, we need a strong alliance to fight together as a failure to adequately protect against cyber-attacks, could cost the global economy dearly.. See also interview with Mr. Moreira on Cybersecurity from BBC http://www.bbc.com/news/30925696
Capturing the opportunities and countering the threats requires new responses. More sophisticated passwords and identity protection alone will not achieve the goal. A myriad of interconnected links supported by a range of trusted communication platforms and tools requires a seamless and systemic response.
Global regulation, legislation and data protection initiatives need to be proposed as echoed by the United States President Barack Obama’s recent proposition to boost online security and Internet access to increase privacy and identity protection, improve cybersecurity for both private companies and the government, and expand access to broadband Internet.
The most logical conclusion is the establishment of a common framework for trusted identity management to allow borderless communication and transactions in an increasingly fast-moving digitalized global economy.
More information on how to join the CyberSecurity Alliance is available at http://davos.wisekey.com
 
Panelist Cybersecurity Roundtable
Roundtable about Digital Identities Carlos Moreira, David Fergusson, Thomas Andersson, Jean-Manual Rozan

Cybersecurity Roundtable
 
 
 
 
 
 
 
 
 
Contact Person: Youmna Abisaleh, +41799460089, yabisaleh@wisekey.com

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Andorra Telecom and WISeKey Forge Trusted Encrypted Clouds partnership at the World Economic Forum in Davos https://www.wisekey.com/press/andorra-telecom-wisekey-forge-trusted-encrypted-clouds-partnership-world-economic-forum-davos/ Mon, 26 Jan 2015 14:18:53 +0000 https://www.wisekey.com/?p=8875 Davos, Geneva, Principality of Andorra, 21 January 2015WISeKey, one of the Global Growth Partner Companies of the World Economic Forum participating in the Annual Meeting taking place in Davos, Switzerland 21-24 January 2015 announce a partnership agreement with Andorra Telecom to develop a joint WISeID Personal Cloud App that will store data in Andorra Telecom Data Centers in the Principality of Andorra. The App will provide and support personal cloud computing services under a platform developed by both companies.
WISeID Personal Cloud provides trusted digital identities via mobile and desktop Apps for individuals and corporations performing confidential transactions on open Internet. The WISeID Cloud App is a set of online tools to empower the user by providing secure, authenticated, private digital identification and personal data storage on a Secure Vault on the Cloud. The App enables users to protect and sync their data and passwords across their personal mobile devices. The partnership with Andorra Telecom guarantees that the encrypted personal authentication key is stored in Andorra Telecom Data Centers in the Principality of Andorra. The WISeID Personal Cloud App is free but users will be requested to pay for incremental Personal Cloud storage usage. The recent awareness about e-mail security made Telcos to announce the future implementation of encryption solutions in their services. Additionally, WISeKey technology is based on industry standards for PKI, as S/MIME, being the base for legally recognized digital signatures.
“WISeKey launched the Personal Cloud concept during the last year World Economic Forum in Davos. WiseKey is predicting that personal clouds will move to the gravity center from application-centric to personal centric models where users will retake the control of their personal data. Gone are the days of huge centralized clouds and ID metasystems with no respect to personal data. The trend WISeKey is launching this year in cooperation with Andorra Telecom via the joint project is a special version of WISeID Personal Clouds designed to complement Andorra Telecom cyber security services”, said Carlos Moreira, Founder/CEO, WISeKey.
“We are very proud of this strategic partnership between WISeKey and Andorra Telecom as this new service is really about providing a diversification of our product portfolio to our customers. Our joint products will increase the Cybersecurity offering by applying measures to ensure confidentiality, integrity, and availability of data in our Principality” said Jordi Nadal Bentadé, CEO of Andorra Telecom.
About Andorra Telecom
Andorra Telecom is the incumbent and state owned operator that manages and operates the telecommunications services exclusively in the Principality of Andorra – fixed line, mobile, data transmission, Internet, national broadcasting networks related to radio and Terrestrial Digital Television (TDT).  On December 2014 Andorra Telecom has been ranked number 1 on Ranking of Countries Mobile Networks SS7 Security*. On November 2014 the Principality of Andorra became the first country to have 100% coverage on optical fiber and to turn down Adsl from its portfolio. Those goals aim to provide state-of-the-art telecom and media services to its customers with the fastest and securest communications services.
* http://ss7map.p1sec.com/ranking_country/
About WISeKey
Established in 1999 and headquartered in Geneva, Switzerland, WISeKey is a leading Cyber Security company, providing specialized technologies for trusted digital identities for people, objects and mobiles, personal clouds and authentication to secure communications and transactions without compromising trust. WISeKey Swiss bunker.
 
Carlos Moreira Bunkers Swiss Alps
Video: http://www.bloomberg.com/video/zone-of-mobile-privacy-secured-in-the-swiss-alps-pDXsw7qdRkKk95koRT4~hw.html
Contact Person : Youmna Abisaleh, yabisaleh@wisekey.com, +41 79 946 00 89

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