WISeKey International Holding (WKEY) has released an update.
WISeKey International Holding AG and its subsidiary SEALSQ Corp have announced the launch of SEALCOIN AG, a new entity focused on revolutionizing IoT through the SEALCOIN Project, backed by strategic investment from The Hashgraph Association. The SEALCOIN platform, utilizing Hedera’s DLT technology, aims to enable autonomous transactions and service-for-payment exchanges among IoT devices, targeting efficiency and security enhancements in Transactional IoT (t-IoT). This initiative is anticipated to drive innovation across various industries by allowing devices to manage transactions independently, with The Hashgraph Association contributing not only investment but also technical and strategic support.
For further insights into WKEY stock, check out TipRanks’ Stock Analysis page.