WISeKey Worldwide Holding Ltd, a world 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 inside the WeCanGroup ecosystem. This partnership will convey 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 related units.
SEALCOIN is designed to securely authenticate and facilitate transactions between IoT units, making them totally trusted and autonomous actors inside a decentralised financial system. By integrating SEALCOIN’s cybersecurity and blockchain capabilities into the WeCanGroup ecosystem, IoT units will have the ability to carry out safe, verifiable transactions whereas guaranteeing compliance with trade rules.
WeCanGroup, a contributor in safe digital id and compliance options, is devoted to enhancing information safety and belief throughout industries. By means of this collaboration, WeCanGroup’s Know Your Consumer (KYC) and Know Your Enterprise (KYB) options will likely be expanded with Know Your Object (KYO), a revolutionary strategy to verifying and managing IoT units 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 related units utilized in crucial infrastructure, id administration and sensible metropolis purposes.
- Defence and aerospace – Making certain tamper-proof id verification and transactional integrity for defence IoT methods and safe communication networks.
Strengthening cybersecurity and compliance for the IoT financial system
“This partnership marks a big step towards making IoT actually transactional, whereas guaranteeing compliance and information safety,” stated 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 normal 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 enable us to prolong our experience past people and enterprises to incorporate related units,” 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 this time.”
Subsequent steps
The partnership will initially concentrate on pilot packages with key companions in finance, authorities and defence, earlier than increasing to broader industrial and sensible infrastructure use circumstances.
Touch upon this text by way of X: @IoTNow_ and go to our homepage IoT Now
