World News: 06:00 GMT Wednesday 14th August 2019. [Wisekey International Holding SA via Globe Newswire via SPi World News]
WISeID app download instructions:
The United States Privacy Act places greater emphasis on consumers’ right to know, control, opt-out of the sale of their personal information and also request deletion of their personal information that businesses have collected.
The WISeID app’s new features are adapted to this new US legislation on data protection and focus on consumers’ rights to know and control their personal information as well as transparency requirements related to companies’ data practices.
The TransHuman Code is a humanitarian approach to a technologically innovative future. In The transHuman Code, authors Carlos Moreira and David Fergusson ask, “Are we building a better future for humanity with the help of magnificent technology or are we instead building a better future of better technology at the expense of humanity?”.
Technologies like WISeID provide consumers with the power to control their privacy, so the right to understand what information is being collected, to be forgotten and to be deleted is always under users’ control. A digital identity is like a birth certificate, it belongs to and should always be under the control of the user. WISeID app protects users from ‘pseudo’ digital identities which are created with data provided by the user, but without their consent.
In contrast to “social network credentials and identities” where social media companies provide users with ID credentials to access their services, WISeID’s are built to “empower individuals to control their identity, manage their digital personas, and actively monetize their personal data.
WISeID Personal Vault, has been enhanced to include two main features:
WISeID uses a ‘freemium’ business model, so users can use most features for free, while some enhanced capabilities, like the back-up of confidential information in WISeKey’s hyper-secure cloud systems hosted in a secure datacenter in Switzerland, are paid-for features.
WISeKey (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 respecting the Human as the Fulcrum of the Internet. WISeKey Microprocessors Secures the pervasive computing shaping today's Internet of Everything. WISeKey IoT has an install 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 edge of IoT as our semiconductors produce a huge amount of Big Data that, when analyzed with Artificial Intelligence (AI), can help industrial applications to predict the failure of their equipment before it happens.
Our technology is Trusted by the OISTE/WISeKey’s Swiss based cryptographic Root of Trust (“RoT”) 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 .
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 International Holding Ltd is providing this communication as of this date and does not undertake to update any forward-looking statements contained herein as a result of new information, future events or otherwise.
This press release does not constitute an offer to sell, or a solicitation of an offer to buy, any securities, and it does not constitute an offering prospectus within the meaning of article 652a or article 1156 of the Swiss Code of Obligations or a listing prospectus within the meaning of the listing rules of the SIX Swiss Exchange. Any offers, solicitations or offers to buy, or any sale of securities in the future will be made in accordance with the registration requirements of the U.S. Securities Act of 1933, as amended. Investors must rely on their own evaluation of WISeKey and its securities, including the merits and risks involved. Nothing contained herein is, or shall be relied on as, a promise or representation as to the future performance of WISeKey.
Globe Newswire: 06:00 GMT Wednesday 14th August 2019
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