WISe.ART AG, a Subsidiary of WISeKey, Receives Strategic Funding from The Hashgraph Association to Accelerate Trusted NFT Adoption via the WISe.ART Platform
Summary
We look forward to working with THA and Hedera on its plan to issue tokenized shares via ledger-based securities, a process commonly known as tokenization.WISe.ART is a fully-fledged marketplace that aims to connect all actors of the arts and technology industries. WISeID, a trusted identity service, facilitates access to web and mobile applications with strong authentication techniques.Hedera, a cutting-edge, sustainable public ledger for the decentralized economy, uses a leaderless, asynchronous Byzantine Fault Tolerance (aBFT) Hashgraph consensus algorithm. Hederas performance optimized Ethereum Virtual Machine (EVM) smart contracts, along with its user-friendly native tokenization and consensus service APIs, empower developers to create real-time web3 applications and ecosystems.Kamal Youssefi, President of The Hashgraph Association, commented: Were excited to collaborate with WISeKey, which shares our vision of bringing DLT technology into the mainstream. In the forefront is the digital enablement and empowerment of the public through broad adoption of Hedera-powered enterprise-grade solutions and decentralized applications (dApps), which includes innovation, accreditation, and certification programs. As a non-profit organization headquartered in Switzerland, The Hashgraph Association promotes and provides funding for innovation, research and development for the benefit of economic inclusion and with a positive environmental, social, and governance (ESG) impact.