WISeKey Awarded Project by Government of Seychelles to Deliver “SeyID”, a Digital Identity Platform

Victoria, Seychelles and Geneva, Switzerland, April 22, 2024 (GLOBE NEWSWIRE) -- SeyID Platform Will Enable Key eGovernment Initiatives and Further Digital Transformation

WISeKey International Holding Ltd. (“WISeKey”) (SIX: WIHN, NASDAQ: WKEY), a global leader in cybersecurity, digital identity, and Internet of Things (IoT) innovations, operating as a holding company, today announced it has been awarded the project to deliver a new Digital Identity platform, “SeyID”, by the Government of Seychelles. SeyID will be linked with different national initiatives covering eGovernment, eTourism and eHealth.

Following the successful launch of the SeyID project, which is built upon WISeKey's WISeID platform for Digital Identity and online security, significant enhancements have been achieved in the realm of secure access and identity verification. WISeID, a trusted identity service, employs robust authentication techniques to facilitate access to web and mobile applications.

WISeID supports seamless online KYC onboarding, one-time password (OTP) authentication, and an innovative "hands-free" secure login through QR-Codes. Users can effortlessly utilize the SeyID mobile application for secure access, eliminating the need for passwords. Additionally, WISeID offers digital signature services for documents, ensuring a comprehensive approach to online security. Built upon the WISeKey Root of Trust, WISeID incorporates cutting-edge blockchain technologies to distribute identity attributes and construct federated ecosystems, further fortifying the security infrastructure.

Continuing its evolution, the SeyID Platform now integrates an e-wallet, offering users the ability to securely store their National ID and Driver license, eliminating the need to carry the physical documents. The App generates a digital version of the ID card, featuring a QR Code for secure third-party verification (from law enforcement agents to other uses such opening a bank account. where the person needs to prove their identity). This multifaceted approach underscores SeyID's commitment to providing a secure, efficient, and technologically advanced solution for digital identity and transactions.