tiprankstipranks
WISeKey announces integration of SEALCOIN with WISeSat satellite platform
The Fly

WISeKey announces integration of SEALCOIN with WISeSat satellite platform

WISeKey International (WKEY) announces the integration of its SEALCOIN with the WISeSAT satellite platform. The company said, “This innovative development allows secure, decentralized cryptocurrency transactions to be processed via low-orbit satellites, marking a significant leap in global financial inclusion and blockchain infrastructure. Of note, both entities are subsidiaries of WISeKey: SEALCOIN AG focuses on decentralized physical internet with DePIN technology and house the development of the SEALCOIN platform, while WISeSat AG focuses on space technology for secure satellite communication, specifically for IoT applications. The integration leverages WISeSAT satellites secured by SEALSQ’s (LAES) VIC-408 secure semiconductor technology, allowing them to function as blockchain nodes in orbit to validate, store, and secure SEALCOIN transactions. Users can initiate transactions through secure wallets or IoT-enabled devices.”

Invest with Confidence:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App