Sunday, April 21, 2024

SEALSQ, a WISeKey Company, Will Launch SEALCOIN with Google Cloud as a Technology Provider

SEALSQ Corp, a company that focuses on developing and selling Semiconductors, PKI and Post-Quantum technology hardware and software products, announced the launch of SEALCOIN.AI with Google Cloud as a technology provider. SEALSQ is a subsidiary of WISeKey International Holding Ltd., a leader in cybersecurity, digital identity, and Internet of Things (IoT) solutions operating as a holding company. SEALCOIN is a digital token and an advanced cryptocurrency protocol, offered by SEALSQ which focuses on developing and selling Semiconductors, PKI and Post-Quantum technology hardware and software products. SEALCOIN is designed to establish a robust economy specifically for billions of internet-driven devices, enabling them to exchange not just data but also currency seamlessly. SEALSQ has an install base of over 1.6 billion semiconductors that will gradually benefit from the SEALCOIN.

Introducing SEALCOIN: A Revolution in IoT and Cryptocurrency
SEALCOIN, representing a significant leap forward in the IoT industry, is a revolutionary cryptocurrency protocol tailored for the Machine-to-Machine (M2M) economy. It facilitates seamless data and currency exchanges among billions of internet-connected devices, enabling IoT structures from various companies to interact autonomously. This innovation transcends conventional currency exchange, establishing a complex network of IoT-enabled transactions and services.

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SEALCOIN: Reshaping M2M Payments and IoT Communications
While individual traders can engage with SEALCOIN as with other cryptocurrencies, its core value lies in transforming economic operations and communications within IoT devices. The introduction of SEALCOIN marks a pivotal moment in the evolution of M2M payments, reshaping the digital transaction landscape in the IoT sphere.

Carlos Moreira, Founder and CEO of SEALSQ, noted, “The usage of the Google Cloud for the deployment of SEALCOIN will accelerate the development of the SEALSQ platform all together. In a groundbreaking development, SEALSQ is taking a significant step forward in the world of digital finance (DeFi) and IoT with its advanced cryptocurrency protocol, SEALCOIN. This innovative protocol is designed to establish a robust economy specifically for billions of internet-driven devices, enabling them to exchange not just data but also currency seamlessly.”

SOURCE : GlobeNewswire

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