Wisekey centre to deploy IoT blockchain as a service
April 27, 2017
Swiss cybersecurity company Wisekey plans to establish an IoT blockchain centre of excellence in the canton of Zug aiming to deploy a trusted blockchain as a service platform. The centre will offer a blockchain platform to enterprises, facilitating the rapid adaptation of on-board blockchain based services.
The canton of Zug is a region of Switzerland that is attracting major crypto technology players and has become known as Crypto Valley. Several major blockchain and bitcoin companies are located in Zug such as the Ethereum Foundation using the Swiss experience on fintech and cyber security.
Wisekey is headquartered in Zug and has operational centres in St Gallen and Geneva, connected to a network of offices in Taiwan, Argentina, USA, France, Germany, UK and Japan. The company will cooperate with Zug’s start-up enterprises, fintech incubation firms and governmental authorities all working on deep technologies, on building points of view, proof of concepts, policies, educational materials including addressing all the distributed ledger capabilities across different blockchain schemes – public, consortium and private – with industry verticalisation and domain specialisation, underpinned by technologies from start-ups, key partners and the community.
At the heart of this localisation at the Crypto Valley is the Oiste-Wisekey Cryptographic Root of Trust (RoT), which has been actively used since 1999 by over 2.6 billion desktops, browsers, mobile devices, SSL certificates and IoT devices. The RoT is ubiquitous and universal, and a pioneer in the creation of digital identities. This technology is required to integrate the RoT into IoT embedded devices with problem-solving artificial intelligence.
For Wisekey, adding to its patent portfolio and intellectual property is key to ensuring that the company will be a major player in deep-tech for years to come.
Due to the integration operated by the company’s vertical platform, IoT devices can organise themselves into trusted networks based on mutual authentication, identity and integrity. This trusted cyber-security platform will only enable IoT devices that can provide a recognised identity and a valid integrity report to communicate with peer devices that are part of the trusted community.
Wisekey is also adding AI at the chip level, and together with the RoT will allow the IoT to provide authenticated sensor data. Current IoT data do not provide value for their manufacturers unless they can be converted into actionable, contextualised information generated by fully identifiable IoT sensors. Most IoT devices are not built with embedded secured systems and thus are very vulnerable.
By integrating AI into the RoT and vertical platform, objects can develop their own cyber-security behaviour, thus making smarter and safer decisions. IoT objects with this technology will learn from attacks, defend them and transfer this intelligence via the vertical platform to other IoT objects peer to peer using a blockchain.
AI in the integrated circuits allows AI to be hosted on a hardware vault with a high level of certification able to encrypt communications and authenticate the devices. This will also allow AI to leverage the massive big data generated by the deployment of the RoT embedded in more than 2.5 billion devices worldwide.
The ability to authenticate and remotely manage millions of networked, automated devices and equipment is becoming pervasive − from factory floors, to hospital operating rooms, to residential homes – including billions of objects and devices from refrigerators, watches, wearables to wine bottles – everything that can connect and communicate via the internet.