Announcements

Apr 13, 2021

WISeKey & CasperLabs Partner to Build Secure, High-Performance NFT Marketplace on Casper

WISeKey’s digital identification NFT platform will be built on the Casper Network to provide a secure, scalable and environmentally-friendly solution for buying and selling NFTs.

Medha Parlikar

Medha Parlikar

CTO

WISeKey & CasperLabs Partner to Build Secure, High-Performance NFT Marketplace on Casper

Today, we are thrilled to announce our partnership with WISeKey, a leading cybersecurity company. Together, CasperLabs and WISeKey will build a marketplace on Casper for deploying large-scale digital identity ecosystems for people and objects using blockchain technology, artificial intelligence, and IoT. Over the coming months, CasperLabs will provide services and support for WISeKey as it builds a marketplace for buying and selling NFTs on the Casper Network.

With the explosive growth of NFTs in 2021 reaching a $421M market cap, providing enterprises with opportunities to buy and sell digital assets safely is imperative. WISeKey’s digital identity solution allows for authentication and identification in both physical and virtual environments, making them a perfect partner for a secure and unique NFT marketplace solution on the Casper Network. And thanks to Casper’s Proof of Stake architecture, each transaction will require a small fraction of the energy expended by traditional, Proof of Work protocols.

By connecting traditional cryptographic trust models with permissioned blockchain transactions, WISeKey’s Trust Protocol enables a wide range of use cases and business models that have not previously been available to blockchain-based marketplaces. Their Root of Trust, or RoT technology, serves as an anchor between online transactions with objects, and between objects and people. Combining WISeKey’s security capabilities with CasperLabs’ rich developer tool offerings means there will be even more opportunity for building custom dApps that are safe and easy to use for a wide range of enterprise NFT needs.

WISeKey is the trusted security partner for over 3,500 brands, including AWS, Microsoft, IBM Watson and others. They offer a number of solutions for authenticating customer engagement for brands, and have 1.5 billion microchips installed worldwide across IoT markets like connected cars, agricultural sensors, crypto tokens, smart cities and more.

Demand for this offering is already high. We will be sharing some exciting updates around upcoming auctions in the coming weeks; stay tuned!

To learn more about WISeKey, visit www.wisekey.com.


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