WISeKey’s WISeSat to launch second proof of concept for SEALCOIN token

WISeKey International announced that its subsidiary, WISeSat.Space, will conduct the second Proof of Concept for SEALCOIN by transacting tokens via satellites to IoT devices. The PoC is set to take place during the launch of a new generation of WISeSat satellites, planned for January 2025. This milestone, once complete, will represent a major leap forward in secure, autonomous machine-to-machine transactions using WISeSat’s current satellite constellation. The launch of a new generation of WISeSat satellites will feature enhanced operational capabilities specifically designed to support M2M transactions from space. These next-generation satellites will further strengthen the WISeSat constellation, enabling secure and efficient decentralized transactions across a wide range of IoT devices, marking a new era in space-based digital ecosystems. This PoC will demonstrate SEALCOIN’s potential to facilitate decentralized transactions in the growing Internet of Things ecosystem. Leveraging the SEALCOIN platform, the PoC will enable satellite-initiated transactions to IoT devices without human intervention. The tokens, based on Decentralized Ledger Technology, ensure secure, transparent, and tamper-proof exchanges, driving the creation of a scalable Transactional IoT infrastructure. Previously, SEALCOIN conducted a Proof of Concept for Transactional-IoT between two devices in early August.