WISeKey Worldwide Holding Ltd, a worldwide cybersecurity, blockchain and Web of Issues (IoT) firm, has introduced that its subsidiary SEALCOIN and WeCanGroup are becoming a member of forces to allow safe transactions and superior id verification throughout the WeCanGroup ecosystem. This partnership will carry collectively SEALCOIN’s blockchain-based IoT and digital asset ecosystem with WeCanGroup’s trusted compliance and information safety framework, enhancing the best way banking, authorities and defence sectors onboard and work together with linked gadgets.
SEALCOIN is designed to securely authenticate and facilitate transactions between IoT gadgets, making them totally trusted and autonomous actors inside a decentralised economic system. By integrating SEALCOIN’s cybersecurity and blockchain capabilities into the WeCanGroup ecosystem, IoT gadgets will be capable of carry out safe, verifiable transactions whereas guaranteeing compliance with trade laws.
WeCanGroup, a contributor in safe digital id and compliance options, is devoted to enhancing information safety and belief throughout industries. By this collaboration, WeCanGroup’s Know Your Shopper (KYC) and Know Your Enterprise (KYB) options might be expanded with Know Your Object (KYO), a revolutionary method to verifying and managing IoT gadgets in extremely regulated environments.
Unlocking new use circumstances in regulated sectors
The combination of SEALCOIN and WeCanGroup’s digital id options will foster superior onboarding processes for IoT ecosystems, enabling high-trust, high-security transactions in:
- Banking and finance – Enabling trusted digital asset transactions, compliance-driven IoT funds, and regulatory oversight for monetary providers.
- Authorities and public providers – Safe authentication of linked gadgets utilized in important infrastructure, id administration and good metropolis functions.
- Defence and aerospace – Guaranteeing tamper-proof id verification and transactional integrity for defence IoT programs and safe communication networks.
Strengthening cybersecurity and compliance for the IoT economic system
“This partnership marks a major step towards making IoT really transactional, whereas guaranteeing compliance and information safety,” mentioned Carlos Moreira, the founder and CEO at WISeKey. “With SEALCOIN’s superior PKI-based IoT safety and WeCanGroup’s trusted compliance options, we’re creating a brand new commonplace for id and transaction verification in extremely regulated environments.”
“WeCanGroup has all the time been dedicated to enhancing information integrity and regulatory compliance, and this collaboration will permit us to prolong our experience past people and enterprises to incorporate linked gadgets,” added Vincent Pignon, the founder and chairman at WeCanGroup. “By combining KYC, KYB and KYO, we’re enabling a future the place IoT transactions are as safe, compliant, and trusted as any monetary transaction at present.”
Subsequent steps
The partnership will initially deal with pilot applications with key companions in finance, authorities and defence, earlier than increasing to broader industrial and good infrastructure use circumstances.
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