WISEKey partners with ScaleSwap

WISEKey partners with ScaleSwap

WISeKey International, a cyber security, IoT, and AI platform company, today announced that it has joined forces with Scaleswap for the IDO launch of the WISe.Art TrusteCoin expected to start in November 2021. The next generation scalable IDO Launchpad of Scaleswap provides an improved experience for users thanks to its use of Ethereum Layer 2 scaling solution. The project will benefit from unparalleled community building and a unique loyalty scoring system.

“After the successful launch of the WISe.Art platform, we are now set to take the next steps, starting with a purpose-built token launch planned for November 2021. For this, we collaborate with Scaleswap, the Layer 2 Launchpad, known for its fair principles and smart ScaleSCORE loyalty system, endorsed by Polygon. WISeKey has selected Polygon for the commercial launch of its Trusted NFTs solution. WISeKey’s high-value NFTs, designed to test the appetite of the art and collectible community requires someone like Polygon, whose ultra-low transaction fees and sustainable Proof-of-Stake (PoS) consensus mechanism are essential in meeting the demands of WISeKey’s high-volume marketplace,” said Carlos Moreira, WISeKey’s founder and CEO.

WISe.Art will be Scaleswap’s flagship IDO launch, will be setting the tone going forward, and will provide an anchor for future project launches on the platform. The selection is also an infrastructure decision that reflects a commitment to longevity, compatibility, ownership, and value at every level of the ecosystem.

Scaleswap is taking an interesting and exciting approach to IDO launchpads, one that is based on shared goals of making blockchain and cryptocurrencies as accessible as possible and doing so in a scalable way using Layer 2 solutions.

WISeKey is announcing a series of important partnerships ahead of its launch with leading Blockchain players as Polygon and CasperLabs. The WISe.Art platform and technology stack allows tokenization of digital and physical assets in form of NFTs with platform governance and utility managed by WISeKey’s own TrusteCoin utility token (TEC DAO Token). Latter allows to unlocking different functionalities and community driven decisions. Also, for instance participants can choose to stay anonymous, while ensuring the necessary KYC processes to avoid unwanted activity on the marketplaces powered by WISe.Key. The TrusteCoin plays a central role for the Wise.Art ecosystem and brings a variety of utility and is used to incentivize the community. WISeID is a trusted identity service that enables access to the web and mobile applications with strong authentication techniques. WISeID supports online KYC onboarding, OTP and digital certificate login, and an innovative “hands-free” secure login based on QR-Codes which users can read using the WISeID suite of mobile applications without even having to type any passwords.

Talao launches professional credential application

Talao launches professional credential application

Talao, a blockchain-based Digital Identity specialist for the Human Resource industry, today announced a professional credential application to transform identity and data management for the Human Resources industry.

The application is the first Decentralized Self-Sovereign Identity (SSI) solution built on the Tezos blockchain for the Human Resources industry. The digital wallet created by Talao will enable companies to issue verifiable professional credentials and for employees to store work history and other personal data.

“The Europe Digital Identity strategy is clear, companies will soon interact through Digital Identity Wallets with their employee and non-employee workforce. These applications will provide authentication, credentials exchange, messaging or documents signature. By building on Tezos and collaborating with Nomadic Labs and Spruce we aim to contribute to the decentralized infrastructure for the future of work. An infrastructure where privacy, security, simplicity and verified data are the norms.” explains Thierry Thévenet, COO of Talao.

Talao’s solution follows the European self-sovereign identity framework (ESSIF) recommendations to comply with the future EU Digital Identity toolbox. It is based on the Self Sovereign Identity model (SSI)  and W3C standards for Verifiable Credentials and Decentralized Identity (DID). It is powered by the Spruce Credible open source SDK, the first SSI wallet to use the Tezos blockchain as a register for its identifiers (DID). Credible uses an implementation of the Presentation Request Specifications of the W3C, which allows the exchange of credentials between SSIs.

Use case for the Talao credential wallet include:

  • Job seekers share their career records without multiple background checks and verification overhead and value their work experiences as certified credentials,
  • Companies reduce resume fraud and accelerate the recruitment of the best talent,
  • Freelancers prove their identity, skills and credentials when joining gig platforms, enabling frictionless onboarding. Platforms benefit from reducing fraud without collecting sensitive user data,
  • Companies and workers benefit from passwordless authentication, reducing the risks of stolen data and reuse of this data to compromise access to enterprise or talent assets.

Oana Ladret-Piciorus, Managing Director at Nomadic Labs, specialist of Tezos blockchain concludes, “We are excited to see Talao’s professional credential wallet facilitate citizens’ control over their identity and professional data. Congratulations to Talao’s for creating a fully open-source wallet compatible with the standard adopted by the EU for Digital Identity.”

The use of a fully decentralized wallet based on a public blockchain like Tezos offers unique advantages. The blockchain architecture gives users complete control over which aspects of their identity, data and certificates they share with third parties. The wallet provides a transparent history of shared data and allows users to track who shared what data and when.