Benzinga | May 17, 2021 02:20PM EDT

WISeKey Highlights Its Non-Fungible Toke Webinar 'will discuss with experts the technology behind the Launch its First Ever NFT from Space activating the WISe.ART NFT Platform'

WISeKey NFT Webinar will discuss with experts the technology behind the Launch its First Ever Non-Fungible Token (NFT) from Space activating the WISe.ART NFT Platform

The Swatch Space Shuttle STS -- 75 will be replaced by a Jacob & Co Astronomia Sky

The WISe.SAT satellite on orbit in December 2021 will send a unique Key encrypted by WISeKey that will generate the digital identity of the Jacobs and Co watch to be physically inserted on the watch box using a WISeKey Microchip.

Jacobs and Co and WISeKey successfully conducted last month world premieres to auction both physical and virtual NFTs with an unpreceded attention to their combined leadership

https://www.nytimes.com/2021/04/12/fashion/watches-nft-auction-jean-claude-biver.html

During the Webinar WISeKey and experts will discuss technology behind the Launch its First Ever Non-Fungible Token (NFT) from Space, a PocketPod deployer developed by FOSSA Systems will launch in June 2021 aboard a Falcon 9 rocket by SpaceX.

Geneva, Switzerland -- May 17, 2021 WISeKey International Holding Ltd. ("WISeKey") ((SIX: WIHN, NASDAQ:WKEY), a leading global cybersecurity and IoT company, announced today that on May 18, 2021 will hold "The Leading Trusted Non-Fungible Token Webinar" in cooperation with Casper Labs, Ocean Protocol and Fossa Systems to discuss the technology behind the launch of the first ever Non-Fungible Token (NFT) from Space. A PocketPod deployer developed by FOSSA Systems will launch in June 2021 aboard a Falcon 9 rocket by SpaceX.

May 18thDate & Time 03:00 PM CET 09:00 AM ESTTitle The Leading Trusted Non Fungible Token Event ? Carlos Creus Moreira ? CEO and Founder ?WISeKey ? Trent McConaghy ? Founder of Ocean Protocol. ? Ashok Ranadive ? Director of Professional Services at CasperLabs ? Chris Boos ? CEO and Founder ?AragoSpeakers ? Sebastien Fanti ? CEO and Founder ? Lexing ? Julian Fernandez ? CEO and Founder ?Fossa Sytems ? Shauna Lee Lange Founder, Sacrosanct NFT ? Simon Schwerin Partner @ iconomy, helping founders and investors in the tech & digital space

During the Webinar WISekey will introduce the TrustNFT.IO platform a suite of cutting-edge technologies in association with Open protocol and Casper labs combining WISeID with NFT transactions to ensure users' privacy, security and safety whilst providing access to NFT trading.

WISeKey has joining forces with CasperLabs, the developer of Casper, the most reliable and secure blockchain for businesses, in a strategic partnership to bring trust to the hype around Non-Fungible Tokens (NFT) with the launch of TrustedNFT.io. This strategic partnership will provide a dedicated, secure marketplace on the Casper Network for buying and selling NFTs, including artwork and luxury goods. The first major auction will occur in Summer 2021, with more information to come soon.

"By combining our Root of Trust with the Casper blockchain, we have created an innovative Trust Protocol that enables a wide range of use cases and business models, simply not possible with current blockchain-based solutions on their own," said Carlos Moreira, Founder and CEO of WISeKey. "The first application of this collaboration will be the auctioning of digital twins of artwork and luxury collectibles, which we indisputably move into the virtual world, yet make their illegal use impossible."

The marketplace combines the strengths of WISeKey and Ocean. WISeKey has developed specialized chips to link physical items with NFTs, and world-class blockchain identity technology. Ocean has developed powerful decentralized marketplace technology, battle-hardened in the domain of data. Combined with WISeKey's NFTs, this marketplace technology readily ports to the domain of physical art and offers other benefits given the Ocean team's pioneering experience in blockchain art platforms.

Purchasing an exclusive piece of art is always a matter of great joy, but this purchase comes with the concern that the work may be stolen, the art itself may not be an original, or its provenance might not be verifiable. While most high-end art collectors find it difficult to stop such acts, WISeKey's WISeART technology takes steps to protect exclusive pieces of artwork. It combines cutting-edge authentication microprocessors with identity blockchain technology, which together with on-the-ground measures can ensure the authenticity of the artwork (see video https://youtu.be/oNvhMvdchGk). Moreover, if the art is stolen, it can be traced, making it difficult to be traded on the secondary market. This control is possible to practice because each artwork's identity is stored on an immutable ledger (blockchain) in the implemented system.