DAVOS, SWITZERLAND, Jan. 18, 2024 (GLOBE NEWSWIRE) — 
DAVOS, SWITZERLAND — January 18, 2024 – WISeKey Worldwide Holding Ltd, (“WISeKey”) (SIX: WIHN, NASDAQ: WKEY), chief in cybersecurity, digital identification, and Web of Issues (IoT) options working as a holding firm, at present introduced that its subsidiary, WISe.Artwork and GMA, signed an settlement permitting WISe.Artwork to digitalize over $500 million price of Italian Renaissance Artwork constituted by masterpieces of Caravaggio, Beato Angelico, Tiziano, Tintoretto, Rubens, Rembrandt, Verocchio and Raffaello di Sanzio, owned by GMA. This cutting-edge undertaking represents a transformative leap within the promotion, funding, and preservation of artwork.
From 2024 to the Jubilee 12 months 2025, this bold undertaking will digitize the total Italian Renaissance inventive heritage assortment owned by GMA, utilizing ultra-high-definition imagery and digital enhancements. This effort is a milestone in transitioning Italian inventive heritage into the digital age, extending its attain to a world viewers.
As a part of the initiative, an unique Renaissance Coin will likely be launched, offering entry to historic artwork treasures via WISe.ART. This undertaking connects artwork lovers worldwide by way of the Web, permitting them to immerse in and admire this extraordinary inventive heritage, a few of which have been beforehand restricted to museums and historic websites. This technological breakthrough allows these treasures to be considered and appreciated globally.
Revolutionizing Artwork Investments with Inventive Safety Tokens: The Renaissance Coin is a revolutionary innovation, distinct from Bitcoins and NFTs. Working inside a regulated framework, these Inventive Safety Tokens provide authorized safety akin to conventional shares, offering a dependable and legally compliant artwork funding choice.
Connecting Bodily and Digital Worlds: The Inventive Safety Tokens uniquely join bodily artworks to their digital counterparts, providing an funding expertise that honours the legacy and materiality of artwork.
Superior Know-how on the Core: The WISe.ART platform employs cutting-edge blockchain know-how, together with NFTs on the Hedera blockchain, guaranteeing a safe, environment friendly, and clear marketplace for buying and selling luxurious collectibles and artworks.
Balancing KYC and Anonymity: The WISe.ART platform innovatively balances Know Your Buyer (KYC) rules with person anonymity, facilitated by the TrustECoin token launching in Could, enabling discreet but compliant NFT buying and selling.
Two A long time of Safety and Authenticity: WISeKey, with its huge expertise in safety and object authentication, ensures most safety and authenticity for artworks and their digital twins, minimizing the dangers of digital counterfeiting.
Strategic Multichain Method and World Partnerships: WISeKey’s strategic partnerships, together with with Hedera, and GMA, the platform for distinctive NFT rights of the Italian Renaissance, reinforce its distinctive market place. This multichain strategy enhances the platform’s capabilities in crypto market experience and revolutionary knowledge market choices.
About GMA:World Market of Artification (GMA) is an revolutionary firm, targeted on providing NFT companies. GMA gives a novel tokenisation expertise, enabling a brand new type of funding in world-renowned artworks. The platform allows the creation of an NFT that represents the digital rights of the paintings granted by the paintings’s proprietor via a authorized contract. All of the transactions are managed by the underlying Ethereum Blockchain.
About WISeKey:WISeKey Worldwide Holding Ltd (“WISeKey”, SIX: WIHN; Nasdaq: WKEY) is a world chief in cybersecurity, digital identification, and IoT options platform. It operates as a Swiss-based holding firm via a number of operational subsidiaries, every devoted to particular points of its know-how portfolio. The subsidiaries embrace (i) SEALSQ Corp (Nasdaq: LAES), which focuses on semiconductors, PKI, and post-quantum know-how merchandise, (ii) WISeKey SA which makes a speciality of RoT and PKI options for safe authentication and identification in IoT, Blockchain, and AI, (iii) WISeSat AG which focuses on house know-how for safe satellite tv for pc communication, particularly for IoT functions, and (iv) WISe.ART Corp which focuses on trusted blockchain NFTs and operates the WISe.ART market for safe NFT transactions.
Every subsidiary contributes to WISeKey’s mission of securing the web whereas specializing in their respective areas of analysis and experience. Their applied sciences seamlessly combine into the great WISeKey platform. WISeKey secures digital identification ecosystems for people and objects utilizing Blockchain, AI, and IoT applied sciences. With over 1.6 billion microchips deployed throughout varied IoT sectors, WISeKey performs a significant function in securing the Web of Every part. The corporate’s semiconductors generate worthwhile Huge Knowledge that, when analyzed with AI, allow predictive gear failure prevention. Trusted by the OISTE/WISeKey cryptographic Root of Belief, WISeKey gives safe authentication and identification for IoT, Blockchain, and AI functions. The WISeKey Root of Belief ensures the integrity of on-line transactions between objects and other people. For extra data on WISeKey’s strategic route and its subsidiary firms, please go to www.wisekey.com.
About WISe.ART: WISe.ART platform leverages WISeKey’s sturdy cybersecurity experience, digital identification know-how, and the ability of blockchain to supply a novel market for NFTs, connecting artists, patrons, and collectors, whereas guaranteeing the provenance and authenticity of digital artworks.
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This communication expressly or implicitly comprises sure forward-looking statements regarding WISeKey Worldwide Holding Ltd and its enterprise. Such statements contain sure recognized and unknown dangers, uncertainties and different elements, which may trigger the precise outcomes, monetary situation, efficiency or achievements of WISeKey Worldwide Holding Ltd to be materially totally different from any future outcomes, efficiency or achievements expressed or implied by such forward-looking statements. WISeKey Worldwide Holding Ltd is offering this communication as of this date and doesn’t undertake to replace any forward-looking statements contained herein because of new data, future occasions or in any other case.
This press launch doesn’t represent a suggestion to promote, or a solicitation of a suggestion to purchase, any securities, and it doesn’t represent an providing prospectus inside the that means of the Swiss Monetary Companies Act (“FinSA”), the FInSa’s predecessor laws or promoting inside the that means of the FinSA. Buyers should depend on their very own analysis of WISeKey and its securities, together with the deserves and dangers concerned. Nothing contained herein is, or shall be relied on as, a promise or illustration as to the longer term efficiency of WISeKey.
Supply: Wisekey Worldwide Holding Ltd.