|Home||Internet of Things||Aerospace||Apparel||Energy||Defense||Health Care||Logistics||Manufacturing||Retail|
RFID News Roundup
Toshiba offers BLE IC for automotive applications ••• WISeKey International Holding produces contactless NFC watch for bitcoin and cryptocurrency users ••• Xerafy unveils on-metal RFID tag for automotive sector ••• RFID company Linexens signs strategic cooperation agreement with smart-card maker KONA I ••• Envigo implements RFID-based surgical model tracking system ••• Elatec RFID Systems expands reader-writer product range.
WISeKey International Holding Produces Contactless NFC Watch for Bitcoin and Cryptocurrency Users
WISeKey International Holding, a cybersecurity and Internet of Things (IoT) company, has announced the launch of WIS.WATCH, a secure mechanical watch powered by contactless secure hardware, designed to offer security and ease of use to cryptocurrency users.
The WIS.WATCH can securely store users' private keys and allow them to make contactless transactions, including bitcoin and other cryptocurrency transactions. WIS.WATCH uses a combination of Near Field Communication (NFC) technology with highly secured solutions provided by WISeKey Semiconductors, and is now accessible through the WISeWallet App. Every time a contactless blockchain transaction is initiated, including a bitcoin transaction, the private key must be first validated using the NFC technology. The transaction is then enabled.
While software wallets continue to be hacked, the company indicates, hardware wallets have gained popularity since they provide a secure solution for transactions and payments. Through the WISeCoin Wallet, hardware wallets have become contactless. Users can establish multiple private keys into the secure store using the same WISeWallet App, and can access these private keys while making transactions.
WIS.WATCH is NFC-capable and contactless. It is designed with a secure element that can add a hardware-authentication factor and protect users' credentials and private keys, which are encrypted or decrypted with sophisticated cryptographic techniques. The app is compatible with most existing blockchain technologies and works as part of payment system using WISeKey blockchain-as-a-service (BaaS) technology offerings. The WIS.WATCH can be used as a unique personal key identifier and trusted device to access smartphones, applications, personal data and secured cloud storage.
Secure access functions allow watch owners to unlock WISeID Mobile Application, via a technology designed to protect personal digital assets encrypted on consumer smartphones or tablets, by storing encrypted replicas of them in a secure cloud buried in a Swiss Alps military bunker.
WISeKey provides WIS.WATCH as a consumer product with its own design, and also offers it as licensed technology to different watch brands, by embedding the technology into their watches. Several luxury watch brands are currently using the WIS.WATCH technology with WISeKey cryptographic chips.
Users can register to receive their own copies of WIS.WATCH with a set of promotional offers.
Login and post your comment!
Not a member?
Signup for an account now to access all of the features of RFIDJournal.com!
SEND IT YOUR WAY
RFID JOURNAL EVENTS
ASK THE EXPERTS
Simply enter a question for our experts.
|RFID Journal LIVE!||RFID in Health Care||LIVE! LatAm||LIVE! Brasil||LIVE! Europe||RFID Connect||Virtual Events||RFID Journal Awards||Webinars||Presentations|