WISeKey IoT Early Warning System is now allowing National COVID-19 app development teams to build on top of the “Foresight” platform

WISeKey IoT Early Warning System is now allowing National COVID-19 app development teams to build on top of the “Foresight” platform

Platform to be launched in October 2020 during an event in NY

Geneva, Switzerland – August 7, 2020: WISeKey International Holding Ltd. (“WISeKey”) (SIX: WIHN, NASDAQ: WKEY), a leading global cybersecurity and IoT company, announced today that it has finalized the integration of an IoT Early Warning System (EWS) designed with the objective of saving lives through early detection  and help prevent the spread of COVID-19.

The Foresight Platform is fully compatible with the PEPP-PT Pan-European Privacy-Preserving Proximity Tracing, conceived as the backbone for national apps that would comply with Europe's strict privacy rules and be able to "talk" to each other across borders.

The Foresight Early Warning System is the core component of the Digital Transformation Plan announced by WISeKey which is expected to last 3 years and is already the main priority of WISeKey by developing and acquiring disruptive technologies and harness their power to overcome key challenges of a complex world and unlock new growth opportunities. We broadened our offerings to reach new audiences, such as bringing WISeID technology to the fight against COVID-19 with the development of spacelab editions such as WIShelter and WISeTravel.

The scale of the impact of disruptive technology adoption on businesses has never been more apparent than now as the technology is required to contain the spread of COVID-19. All WISeKey technologies starting from Digital Identities, AI, Blockchain, IoT Semiconductors to cloud-based services and cybersecurity solutions have become the lifeline of businesses irrespective of their size or industry.

WISeKey currently provides cybersecurity and IoT solutions to several of the world’s most successful businesses and consumer brands. Every day customers use 1.5 billion WISeKey-based chips in products that connect people, secure objects and enhance the interactions of machines with humans.

The Foresight platform now includes all of WISeKey’s IoT network of interconnected systems and advances in digital certification, data analytics, artificial intelligence (AI) and ubiquitous connectivity which are the pillars of the Digital Transformation process the company started this year with the objective of diversifying its revenue sources by leveraging its business process, business model, domain, and cultural/organizational.