WISeKey International Holding Ltd, a leading Swiss cybersecurity and IoT solutions company, has introduced the World Internet Secure Coin, or WISeCoin, a blockchain platform that enables countries to launch their own cryptocurrencies in an environment that provides interoperability in a similar fashion as current analogue currencies, Globe News Wire reported.
"Rapid advancements in digital technologies have started to transform the global financial landscape. Government-regulated cryptocurrencies enabled with a proper level of security, governance and digital identity are required to realize the true potential of digital currencies," says WISeKey CEO Carlos Moreira.
WISeKey is helping cities and nations around the world create their own cryptocurrency with WISeCoin, which is poised to disrupt legacy systems for transacting value and revamp global economic infrastructures.
The platform uses the latest blockchain technology and works as part of payment system using WISeKey Blockchain-as-a-Service ("BaaS") technology offerings.
WISeKey's objective with WISeCoin is to become an emerging powerhouse in the global cryptocurrency market by supporting the development of economies built on blockchain technology.