WISeKey launches blockchain-powered ID solution

01/04/19

WISeKey, a global cybersecurity, Blockchain and IoT company today announced that it has launched SensorsID, a strong Digital Identity solution designed to protect device identities and their data.

Currently, WISeKey has an install base of over 1.2 billion IoT VaultIC chips in virtually all IoT sectors (smartcards, smart cities, drones, anti-counterfeiting, smart lighting, servers, mobile phones, etc.).  WISeKey is uniquely positioned to be at the edge of IoT as VaultIC Secure Elements protect a huge amount of Big Data that, when analyzed with Artificial Intelligence (AI), can help industrial applications detect cybersecurity attacks or predict the failure of their equipment before it happens.

Gartner estimates that over 20 billion devices will be connected by 2020.  All of these devices will need security, and many of them will be sensors using secure IoT chips like VaultIC. As the world becomes more connected, there will be an exponential growth of the number of sensors .. from the environmental sensors in the atmosphere, the traffic on our roads, to the temperature of our homes and the location of our mobile phones. Experts predict that, by 2022, 1 trillion networked sensors will be embedded in the world around us – each one requiring strong digital identity, authentication and data protection.

WISeKey is a worldwide leader in Digital Identification, with over 20 years of expertise in PKI, IoT and Identity Management. Its Root of Trust (RoT) is ubiquitous and already embedded in over 4 billion devices. WISeKey already deploys solutions for personal and mobile digital identity, known as CertifyID and WISeID respectively, that enable strong authentication, digital signature and encryption. This ecosystem is now enriched by SensorsID, which provides an advanced solution for device identities.

SensorsID acts as a strong Digital Identity solution, issued under the WISeKey RoT, that combines dual-factor authentication capabilities with an innovative BlockChain platform to protect device identities and their data transactions. The SensorsID BlockChain is constantly growing as new identity blocks and data transactions are added to it to ensure authenticity and traceability. The system is totally decentralized and can be operated at national or local levels using a distributed identity ledger run by trusted parties spread across the BlockChain ecosystem.

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