Cybersecurity Firm WISeKey Launches Blockchain-Powered ID Solution for IoT Devices

Switzerland-based blockchain and cybersecurity firm WISeKey has launched a new blockchain-powered digital identity solution to protect Internet of Things devices and their data.

The news was announced in a WISeKey press release on March 29.

WISeKey focuses on secure authentication and identification solutions for people and smart objects by implementing a cryptographic tool called Root of Trust.

WISeKey IoT claims to have an install base of over 1.5 billion secure microchips across "Virtually all IoT sectors" - from connected carts and smart cities to drones and crypto tokens.

The new solution, dubbed SensorsID, will be issued under the WISeKey RoT and serve as a so-called strong digital identity solution that combines a blockchain platform with dual-factor authentication measures to better protect smart device identities and their data transactions.

SensorsID is a new device-focused identity solution that supplements WISeKey's already existing solutions for personal and mobile digital identity - dubbed CertifyID and WISeID respectively.

The press release outlines that the SensorsID BlockChain can be operated at a local and national level between trusted parties.

WISeKey further outlines how its range of digital ID solutions and chips are designed to feature secure storage, cryptographic calculations and digital signatures for executing sensitive calculations, and to prevent device data - such as power consumption patterns or electromagnetic emissions - from being leaked to third-parties.

As recently reported, WISeKey opened a Blockchain Center of Excellence in Geneva this February, as part of a new partnership with the Blockchain Research Institute.

WISekey also recently announced the opening of its Global Blockchain Center in Malaysia as part of a partnership with a subsidiary of Malaysian tech investment holding Censof.