New WISeKey Blockchain Center of Excellence in Geneva to Focus on Root of Trust Tool and DLT Research

    WISeKey is a platform that offers support for secure authentication and identification, which is performed with the use of the Root of Trust, a cryptographic tool from the same platform.

    Their operations and portfolio of work often involve the use of Internet of Things (IoT) and blockchain technology. According to an annoucement on the official website, the company has now launched a new facility in Geneva – a Blockchain Center of Excellence.

    The Blockchain Center of Excellence will be helping startups in the region to progress in their technological research, along with their creation of new tech options.

    It will help with the advancement of blockchain technology as well, as it partners with the Blockchain Research Institute (BRI). BRI is presently working to expand to more locations involving Africa, India, China, the United States, and Latin America.

    Overall, the hope of these global blockchain centers is to work with other local centered for business, academia, and other topics to share their resources. Each center will be able to build upon their expertise. For instance, while Geneva puts its energy towards fintech, Argentina will be zeroing in on counterfeiting platforms.

    The launch of the Global Blockchain Center in Malaysia happened last week, as WISeKey partnered with Censof. The Malaysian tech subsidiary’s director, Ameer bin Shaik Mydin, said,

    “The potential benefits of blockchain will help drive efficiencies for our clients.”

    Just over a week ago, the platform formed a collaboration with Race for Water Foundation to help reduce the amount of pollution in the world’s ocean through blockchain technology.

    As such, WISeKey will created a digital identity for the individual plastic products of the companies that choose to get involved. As recycling efforts progress, clean up crews will be able to use the QR code to record the status of the plastic on the blockchain.

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    Krystle M
    Krystle is an American cryptocurrency blogger that wants to see the future of crypto and blockchain technology evolve. She has been writing about cryptocurrency for about a year, with a special interest in blockchain technology and regulatory measures around the world. While away from writing and learning about the changes in the cryptocurrency industry, she likes to indulge in science fiction novels and further her experience in playing both guitar and piano.

    [Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

    [Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer


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