SEALSQ Corp. in collaboration with its parent company WISeKey International Holding Ltd. ("WISeKey") announced its patented integration of Digital Identification with NFT technology, a solution in the realm of asset protection. This innovation builds on the Company's already extensive experience in securing luxury items, particularly Swiss watches, through advanced technology.

This integration of Digital identification with NFT technology is poised to transform the verification of ownership for valuable assets. Through this approach, assets such as luxury watches or renowned artworks that require authentication can now utilize NFTs to demonstrate ownership. These digital assets contain digitally signed information that is easily verifiable, significantly enhancing security and making duplication virtually impossible.

As the NFT market experiences exponential growth, driven by the need to combat fraud and forgery not only in the art world but across various industries, WISeKey and SEALSQ's technology offers a robust, non-cloneable digital certificate of authenticity that is proving essential. The Company's method for the digital certification of authenticity of physical objects involves a sophisticated process. This includes issuing a storage device with a digital certificate containing encrypted information unique to the object.

The validity of this certificate can be checked in real-time via a network computer operating with the storage device and a certifying authority, ensuring the higher level of security and trust. WISeKey and SEalsQ are committed to advancing security solutions that meet the evolving needs of a digital and physically interconnected world, safeguarding the value and integrity of invaluable assets across the globe. Initiate the dematerialization of a product and its Digital Twin transformation into a corresponding NFT.

These tags, akin to an embedded ePassport, can be affixed to any product. When tapped by an NFC-enabled phone, they securely authenticate and trace the item, registering its identity on the blockchain ledger. This innovative approach is patented in the US by WISeKey.

WISeKey offers a concept: the Product birth Certificate. This digital identifier is comparable to a product's birth certificate, complete with details such as its manufacturing date and company. By transitioning into a "Trusted Object" on the Internet, it equips the luxury product with a robust digital identity, furnishing verifiable data throughout its lifecycle.

The essence of this Product birth Certificate lies in its unique cryptographic key pair. While its public key is shared openly as part of the certificate, the private key operates in the background to validate the IoT device's identity and guarantee data's cryptographic integrity. This private key is the very crux of the IoT device's identity.

The company's semiconductors generate valuable Big Data that, when analyzed with AI, enable predictive equipment failure prevention. Trusted by the OISTE/WISeKey cryptographic Root of Trust, WISeKey provides secure authentication and identification for IoT, Blockchain, and AI applications. The WISeKey Root of Trust ensures the integrity of online transactions between objects and people.