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(Original link: businessinsider.com)
WISeKey Releases WISePhone, the First Ever Secure Blockchain Phone with Cryptocurrency Payment Capabilities
Geneva, November 8, 2018 - WISeKey International Holding Ltd ("WISeKey", SIX: WIHN), a leading cybersecurity and IoT company, today announced the release of WISePhone, a secure Blockchain mobile phone (for more info visit WISePhone.ch website), all components of which are entirely secured by WISeKey. WISeKey's Telecommunication Services Provider status under OFCOM , the Swiss Federal Office of Communications, allows the company to deploy mobile phone voice encryption solutions.
WISePhone integrates WISeKey's innovative hardware and software technologies bringing to market the first and only smartphone powered by WISeCoin cryptocurrency Blockchain technology. WISePhone will also include a native Wallet that will be activated as soon as WISeCoin AG receives clearance from the Swiss financial market regulator, FINMA, to issue a Security Token Offering (STO) ( https://www.wisekey.com/press/wisecoin-ag-has-applied-for-regulatory-clearance-from-the-swiss-financial-market-regulator-finma-to-issue-a-security-token-offering-sto/ ).
WISePhone's native Wallet is equipped with a HSM (Hardware Security Module) device and integrates the WISeKey SuisseID Digital Identity enabling cloud based qualified signing capabilities certified by the Swiss Government and in compliance with the EU General Data Protection Regulation (GDPR).
The WISePhone Wallet also uses WISeKey's Blockchain-as-a-Service ("BaaS") technology to conduct secure contactless payments and it is compatible with most of the existing Blockchain technologies.
Additionally, WISePhone's suite of applications offer voice and text encrypted communication features (WISeTalk), due to sophisticated security mechanisms and advanced end-to-end encryption technologies. Furthermore, WISeID keeps users' data and digital assets protected inside an encrypted enclave (replicated in a secure swiss cloud), while WISeAccess provides additional secure authentication factors to access the WISePhone suite of applications.
The WISePhone is a cost-effective and flexible platform that empowers efficiency and mobility within the organization whilst protecting the intellectual property and the confidentiality of the communications by transforming public networks and mobile devices into highly secure communication channels.
"Through WISePhone, users are in control of their Identity and Data, instead of the service providers. Essentially, WISePhone is an Android phone like any other with all the same functionalities, but it has an additional locked area that is protected from Android's security issues. This unique feature, allows users to securely hold cryptocurrency or other crypto assets like non-fungible tokens, and also secure email and voice exchanges. It's a unique concept that brings over 20 years of cybersecurity and IoT experience of WISeKey into one phone," said Carlos Moreira, CEO of WISeKey.
Since 2010, WISePhone.ch voice encryption products and services have been used by large user groups in public and private organizations and recently, the technology was upgraded to provide voice encryption services for a wider consumer platform, targeting global markets. Today, the platform hosted in Switzerland inside WISeKey's zero-risk bunker deep in the Swiss Alps, is providing Secure Cloud Storage solutions allowing users to securely exchange sensitive data and Identity Management with WISeID.
To pre-register for WISePhone.CH: https://www.wisephone.ch/ .
WISeKey (SIX Swiss Exchange: WIHN) is a leading global cybersecurity company currently deploying via Virtual Platform large scale digital identity ecosystems. WISeKey's Swiss based cryptographic RoT and IoT Microchips 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 visit the WISeKey Investors Corner .
Press and investor contacts:
WISeKey International Holding Ltd
Company Contact: Carlos Moreira
Chairman & CEO
Tel: +41 22 594 3000
[email protected] WISeKey Investor Relations (US)
Contact: Lena Cati
The Equity Group Inc.
Tel: +1 212 836-9611
[email protected] 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 Internati...