WISeKey released WISeID 6, an updated application for protecting personal data and managing digital identities on a blockchain. The platform lets users control their digital ID while keeping their sec
WISeKey released WISeID 6, an updated application for protecting personal data and managing digital identities on a blockchain. The platform lets users control their digital ID while keeping their security and confidentiality intact. Through WISeID, people can encrypt and store usernames, passwords, PINs, credit cards, loyalty cards, and other sensitive information.
The app uses WISeKey's military-grade Root of Trust technology combined with public and private key encryption across multiple keys. It incorporates face recognition, fingerprint scanning, and two-factor authentication. The blockchain acts as a public, unchangeable record that lets third parties verify whether an identity or attribute certification has been altered or misrepresented.
When users join the WISeID network, each node downloads a copy of the blockchain. Users store their digital identities on mobile phones, IoT sensors, or computers. Through the app, they decide which identification attributes to share with social media, credit card companies, merchant sites, and other services. The platform integrates with Kaspersky Lab Security's cyber-resilience edition, which encrypts personal data like usernames, passwords, and credit card numbers into a secure organizer.
WISeKey, a Swiss cybersecurity firm, rolls out large-scale Internet of Things identity ecosystems using its Cryptographic Root of Trust and NFCTrusted technology. The company's Root of Trust approach combines wearables with secure authentication for both physical and digital environments, turning IoT and wearable devices into secure transaction tools.
WISeKey and OISTE, working with the Clinton Global Initiative, launched this effort in 2006 with a goal of issuing 1 billion digital identities. They aimed to enable people to make payments and conduct transactions over mobile phones, supporting community development.
About 1.5 billion people, one-fifth of the global population, lack any legal identification. Fifty million children a year lack a birth certificate and legal identity. These individuals remain shut out from essential economic services like education and healthcare. They face higher risks of trafficking and exploitation.
WISeKey's work aligns with the United Nations Sustainable Development Goals, which call for giving every person a tamper-proof digital identity based on shared, interoperable standards by 2030. The UN aims to have scalable identity systems in place by 2020.
ID2020, a nonprofit founded in 2015, has taken on the mission of using emerging technology to provide digital identity to every person as a fundamental human right. The organization brings together corporate players, nonprofits, governments, and technology pioneers to develop the necessary infrastructure.
