WISeKey Taps Polygon for Trusted NFT Solution

WISeKey (NASDAQ: WKEY), a global cybersecurity, AI, Blockchain, and IoT company, has joined forces with Polygon to offer Trusted NFTs via the launch of WISe.ART NFT platform this month. Polygon is a platform for Ethereum scaling and infrastructure development, as well as for networking Ethereum-compatible blockchains.

Polygon is an attractive choice for NFTs, NFT marketplaces, and blockchain games due to its ultra-low transaction fees and sustainable proof-of-stake (PoS) consensus mechanism makes Polygon a more practical option for activities such as minting and trading NFTs. Polygon Studios, the gaming and NFT arm of Polygon already works with Web 3.0 games and NFT projects such Decentraland, Opensea and Sandbox amongst its 300-plus gaming and NFT dApps.

“We are thrilled to cooperate with Polygon to commercially launch our Trusted NFTs solution,” WISeKey founder and CEO Carlos Moreira said. “WISe.Art is a fully-fledged marketplace with its own digital currency, has the ability to include curators and multipliers, white-labeling options, and special NFT designs. 

“The NFT design of the WISe.Art platform ensures that besides an authenticated and signed version of the actual digital asset, it creates an irreversible link to the physical object, provides proof of ownership, provenance, and a set of contracts describing future use and monetization streams. The NFT platform is secured by WISeKey’s various security technologies enabling the authentication of physical objects as well as digital assets, in a safe end-to-end process.”

“We are delighted that WISeKey has selected Polygon for the commercial launch of their Trusted NFTs solution,” Polygon co-founder Sandeep Nailwal said. “Their high-value NFTs, designed to test the appetite of the art and collectible community requires someone like Polygon, whose ultra-low transaction fees and sustainable PoS consensus mechanism are essential in meeting the demands of WISeKey’s high-volume marketplace.”

The commercial launch of the WISe.Art platform follows a series of market test auctions of high-value NFTs. These market tests included the two world premiere NFT auctions of the digital twins of a physical watch.

The WISe.Art platform allows trading of NFTs into WISeKey’s own TrustECoin cryptocurrency, enabling market participants to stay anonymous – if they so choose – while ensuring the necessary KYC processes to avoid unwanted activity on the marketplace. WISeID is a trusted identity service that enables access to the web and mobile applications with strong authentication techniques. WISeID supports online KYC onboarding, OTP and digital certificate login, and an innovative “hands-free” secure login based on QR codes which users can read using the WISeID suite of mobile applications without even having to type any passwords.

Additional security services include digital signature services for documents. WISeID implements standards such as OpenID Connect and OAUTH2, that can be easily integrated by customers to enhance the security of their cloud applications. WISeID can also be combined with Microsoft Active Directory, facilitating integration with corporate applications.

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