SEALSQ Corp and WISeKey Revolutionize Saudi IoT Solutions

SEALSQ Corp, in collaboration with its parent company WISeKey, has joined forces with The Hashgraph Association to introduce cutting-edge Internet of Things (IoT) and DePIN solutions in Saudi Arabia as part of the Vision 2030 initiative. The primary objective of this partnership is to bolster the kingdom's digital infrastructure and enhance its economic competitiveness.

The Hashgraph Association, in conjunction with WISeKey and its partners in Saudi Arabia, will deploy decentralized ledger technology to elevate the security and efficiency of IoT, Blockchain, and DePIN applications across the region. WISeKey, which has been actively present in Saudi Arabia since 2020 through its joint venture WISeKey Arabia, is at the forefront of this technological advancement.

This strategic alliance is geared towards creating secure IoT and DePIN solutions tailored for various sectors in Saudi Arabia, aligning closely with the nation's ambitious digitization objectives. The burgeoning IoT market in the kingdom, fueled by the economic reform plan of Vision 2030, underscores the significance of such innovative collaborations.

DePIN, short for Decentralized Physical Infrastructure Networks, integrates blockchain and IoT technologies to establish a more robust and secure infrastructure network. By harnessing Hedera's decentralized ledger technology, this partnership aims to fortify the security and reliability of physical infrastructure networks in the region.

SEALSQ, a prominent player in semiconductors and Post-Quantum technology, is actively engaged in establishing an Open Semiconductors Assembly and Test Center in Saudi Arabia. This initiative forms a crucial part of the company's strategy to develop Semiconductor Personalization Centers through Public-Private Partnerships, emphasizing the importance of secure and advanced technology solutions.

SEALSQ's offerings revolve around Semiconductors, Public Key Infrastructure (PKI), and Post-Quantum technology, with a strong emphasis on creating products that are resilient against quantum attacks. Post-Quantum Cryptography, a key focus area, aims to introduce novel cryptographic methods capable of withstanding potential threats from quantum computers.

WISeKey, a global leader in cybersecurity and digital identity solutions, operates through a network of subsidiaries dedicated to different facets of its technology portfolio. These subsidiaries play a pivotal role in advancing WISeKey's mission of safeguarding digital transactions and communications, ensuring a secure digital environment for businesses and individuals alike.

The collaboration between SEALSQ Corp, WISeKey, and The Hashgraph Association marks a significant milestone in the technological landscape of Saudi Arabia. By introducing state-of-the-art IoT and DePIN solutions, the partnership not only contributes to the kingdom's digital transformation but also sets a precedent for secure and efficient infrastructure networks. As Saudi Arabia progresses towards its Vision 2030 goals, such innovative initiatives pave the way for a digitally resilient future, fostering economic growth and technological advancement.