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WiseKey Opens Blockchain Center in Geneva

Blockchain Technology

WiseKey Opens Blockchain Center in Geneva

WiseKey, aSwitzerland-based blockchain and cybersecurity firm has opened a Blockchain Center of Excellence in Geneva, according to an official announcement on Feb. 1.

WISeKey is a company that focuses on secure authentication and identification using the Root of Trust cryptographic tool. The firm is increasingly incorporating Internet of Things (IoT) and blockchain technology into its operations.

The newly created Blockchain Center is expected to assist blockchain-related startups in addition to researching and promoting new technology. It also aims to aid the adoption of blockchain technology in the public and private sectors.

Opening of the Geneva Blockchain Center of Excellence is part of a new partnership with the Blockchain Research Institute (BRI), which plans open up more centers in the United States, Latin America, China, India, and Africa.

The main goal of these global blockchain centers is to coordinate with business, academia, and other centers and to share best resources and practices. Each of the centers will develop its own area of expertise. Geneva will focus on fintech, while the center in Buenos Aires, Argentina will specialize in anti-counterfeiting platforms.

The opening of another WiseKey Global Blockchain Center in Malaysia was also announced last week as part of a partnership with a subsidiary of Malaysian tech investment holding Censof. Ameer bin Shaik Mydin, Censof board director said, “The potential benefits of blockchain will help drive efficiencies for our clients.”
On Jan. 23, WISeKey announced a blockchain-based identity partnership with the non-profit Race for Water Foundation, which aims to reduce ocean pollution using the blockchain technology.

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