WISeKey and SEALSQ Partner with The Hashgraph Association for IoT and DePiN Solutions

Wednesday, June 5, 2024 10:14 AM
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WISeKey and SEALSQ Partner with The Hashgraph Association for IoT and DePiN Solutions cover

WISeKey and SEALSQ Corp have joined forces with The Hashgraph Association to deploy IoT and DePiN solutions in Saudi Arabia and the Middle East. This collaboration will utilize Distributed Ledger Technology (DLT) to bolster security and efficiency in IoT and DePiN applications. The Hashgraph Association, a Swiss-based organization specializing in digital innovation and DLT solutions through the Hedera network, will work closely with WISeKey and its partners in Saudi Arabia to offer robust DLT solutions. WISeKey has been active in KSA since 2020 through its joint venture, WISeKey Arabia, with Saudi Advanced Technologies Company Ltd (SAT), a subsidiary of Juffali Group. The partnership aims to develop secure IoT and DePiN solutions for various sectors, including retail, finance, smart cities, healthcare, and transportation, aligning with Saudi Vision 2030’s digitization goals and the broader MENA region’s needs.

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