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The new WISe.ART 2.1 NFT Marketplace Version Secured by WISeKey is Now Live and Fully Operational With Over 100 Artists Loading NFTs to the Platform

WISeKey International Holding Ltd. (“WISeKey”) a leading global cybersecurity, AI, Blockchain and IoT company, announced that its new WISe.ART 2.1 NFT Marketplace version is fully operational and includes new features providing art collectors and artists a secure marketplace and platform where NFT buyers and sellers can easily connect their crypto wallets to instantly purchase or list their NFTs for sale.

To further increase its ecosystem of artists using the WISe.ART NFT platform, WISeKey has joined forces with the Crypto Art Island event, the first European NFT art fair which takes place in Gibraltar, from April 29 to May 4, 2022. During the event, some of the world’s most innovative NFT art created by leading artists will be auctioned on WISeKey’s entrusted NFT platform, WISe.ART.

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The new design of the WISe.Art 2.1 platform ensures that besides an authenticated and signed version of the actual digital asset, an irreversible link to a physical object is set up, in addition to proof of ownership, provenance and a set of contracts describing future use and monetization streams, if relevant.

The NFT tokenization uses the WISeKey registered patent application, “System and Method for Providing Persistent Authenticatable NFT” in the USA. With this method, NFTs have increased in value and will hold their long-term value.

NFTs and the platform are secured by WISeKey’s own security technology enabling the protection of physical objects as well as digital assets in a safe end-to-end process.

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Smart contracts and physical contracts can be included in the NFTs to describe the usage rights of the NFT buyer, including monetization of their collection. It also allows the original creator to potentially participate in future royalties. This option creates new funding opportunities for artists with large collections, as well as sophisticated ways for a better appreciation of their work.

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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 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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