WISeKey, a cybersecurity, and blockchain firm, based in Switzerland has come up with a newly curated digital identity for protecting the Internet of Things devices as well as the user data. WISeKey's digital identity is powered by groundbreaking blockchain technology. The introduction of the product was conducted via a press release on the 29th of March 2019.
The company is solely focusing on the secure identification, and authentication solutions meant for both the smart objects as well as people. The digitized identity solution has a cryptographic tool known as Root of Trust. According to the company's IoT segment, the answer is going to be installed on more than 1.5 billion protected microchips all over the "virtual IoT sectors," ranging from smart cities to the connected carts to the crypto token(who doesn't love to possess a few crypto tokens) to drones. According to the press release, RoT is embedded in almost 4 billion devices around the globe.
The newly found solution is a brand new device which solely focuses on the identity solution which adds the pre-existing solution of WISeKey for both digital as well as personal identity. By the looks of it, the technology is dubbed WISeID and CertifyID. The three of the properties are aiming at enabling strong encryption, robust authentication as well as sturdy digital signature.
According to the press release, the most outlined feature of the groundbreaking SensorsID BlockChain is that they can be operated at both national level as well as local level. On the other hand, and it can work efficiently between the trusted parties.
The company has also outlined as to how these ranging digitized ID solutions, as well as chips, are designed for featuring better cryptographic calculations, secure storage as well as digital signatures to executing the tactful calculations.
**This post was published on https://cointelegraph.com
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