WISekey and Lykke to integrate Cybersecurity into Blockchain Applications
WISeKey International Holding Ltd (WIHN.SW) (“WISeKey”), a leading global cybersecurity company and Lykke Corp (“Lykke”), a Swiss-based digital exchange company announced today during the Davos Internet of Value Blockchain RoundTable a joint agreement to integrate and co-offer their flagship products: the Lykke Wallet and the WISeKey suite of software, APIs, and servers, to secure access to data and devices in the world.
Lykke will integrate the WISeKey identity and security stack into its digital wallets and software, while WISeKey, in addition to its WISWatch and other security devices, will offer a “WISeKey wallet by Lykke” to its customers.
“The combination of these two technologies is very powerful,” says Richard Olsen, CEO of Lykke. “It will give our customers, both individuals and our large enterprise customers, private key protection and management as a built-in part of the Lykke platform. This is very much part of the Lykke vision, and WISeKey is a perfect partner for us.”
Carlos Moreira, CEO of WISeKey, added, “We’re very happy to integrate the Lykke trading ecosystem into our suite of products. This is going to make it easier to buy what you want, use and pay for services as you need them, and transfer money securely without passwords and other insecure forms of identification.”
Lykke is a Swiss-based digital exchange for all assets, started by Richard Olsen, previously founder and CEO of OANDA. Lykke is a new platform that lets people trade currencies, cryptocurrencies, and cryptographic tokens using an iOS or Android device. The exchange charges no fees and is revolutionizing the world of finance through the use of “colored coins,” which settle on the bitcoin blockchain in minutes. Lykke has already gone public on its own exchange and is currently building enterprise-scale solutions for large financial institutions. Lykke is a member of the Hyperledger project.
WISeKey (SIX Swiss Exchange: WIHN) is a leading global cybersecurity company currently deploying large scale digital identity ecosystems with a patented process. WISeKey’s Swiss based cryptographic Root of Trust (“RoT”) provides secure authentication and identification, in both physical and virtual environments, for the Internet of Things, Blockchain and Artificial Intelligence. The WISeKey RoT serves as a common trust anchor to ensure the integrity of on-line transactions among objects and between objects and people.