WISeKey announces the development of WISe.Social, a new authenticated social media network powered by WISeID
WISeKey announces the development of WISe.Social, a new authenticated social media network powered by WISeID
Access to the network will be available to all users with a WISeID digital identity; Users can share data/ideas and engage with peers through a trusted platform
GENEVA – February 14, 2023: WISeKey International Holding Ltd. (“WISeKey”) (SIX: WIHN, NASDAQ: WKEY), a global leader in cybersecurity, AI, blockchain and IoT, today announced the development of WISe.Social, a new social media network powered by its WISeID platform is operated.
The WISe.Social network does not use advertising and does not collect data from users. It’s designed for people and organizations that want to share data between their ecosystems without worrying about algorithms tracking them and their data.
WISe.Social is based on WISeID, WISeKey’s platform for personal identity and security services using digital certificates and other innovative technologies, with a strong focus on trust. WISeKey defines digital trust as the trust users have in a social media platform to protect their information and provide them with a safe environment to create and interact with content.
With WISeID’s identity verification services, users can now securely exchange information with peers based on their identity verification level.
WISeID enables three levels of identity validation:
Basic – where only the email is validated. Validated – where the full name is verified using an ID document. Validated Pro – where professional details are validated.
WISeKey offers free basic accounts and the possibility to expand the account with different pricing models.
WISe.Social’s goal is to integrate identity management and cybersecurity features into a social networking platform to effectively control fake information coming from unverified accounts. To this end, WISeKey has developed a new paradigm for social networks embedded in digital identity technology that employs decentralized processes to create trusted networks and secure ways of sharing information between users through a better mechanism designed for trusted social networks became.
WISeID users can register as WISe.Social testers (a limited number of 10,000 testers will be authorized until the final launch in May 2023) and start sharing information with friends and family at https://wise.social.
About WISeKey
WISeKey, founded in 1999 (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, with the human as the linchpin of the internet is respected. WISeKey microprocessors secure the pervasive computing that is shaping today’s Internet of Everything. WISeKey IoT has an installed 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 forefront of IoT as our semiconductors produce a vast amount of big data that, when analyzed with artificial intelligence (AI), can help industrial applications predict the failure of their devices beforehand it happens.
Trusted by the Swiss-based OISTE/WISeKey cryptographic Root of Trust (“RoT”), our technology 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 root of trust to ensure the integrity of online transactions between objects and between objects and people. Visit www.wisekey.com for more information.
Press and investor contacts:
WISeKey International Holding Ltd
Carlo Moreira
chairman
+41 22 594 3000 / [email protected]
WISeKey Investor Relations (USA)
The Equity Group Inc.
Lena Kat
212 836-9611 / [email protected]
Val Ferraro
212 836-9633 / [email protected]
Disclaimer:
This release expressly or implicitly contains certain forward-looking statements about WISeKey International Holding Ltd and its business. Such statements involve certain known and unknown risks, uncertainties and other factors that could cause the actual results, financial condition, performance or achievements of WISeKey International Holding Ltd to differ materially from any future results, performance or achievements contained in such statements expressed or implied -looking statements. WISeKey International Holding Ltd is providing this release as of this date and does not undertake any obligation to update any forward-looking statements contained herein, whether as a result of new information, future events or otherwise.
This media release does not constitute an offer to sell or a solicitation of an offer to buy securities and does not constitute a sales prospectus within the meaning of Art. 652a or Art. 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 should be construed as, a promise or representation as to WISeKey’s future performance.
