WISeKey International Holding Ltd. announced that on January 13will generate the first ever NFT from space followingthe launch of WISeSat on SpaceX Transporter 3 Rideshare mission riding aboard of a Falcon 9. The NFT from space will be captured by the WISeSat satellite station in South Spain city of La Linea at the LLG4ir.com Center of Excellence and minted on WISe.ART NFT Marketplace. Through the WISeSat constellation WISeKey will enable the direct connection of satellites to IoT devices for NFT authentication, completing the connection cycle from space to device through a secure telecommunication means. The space based NFT ecosystem assures personal and secure authentication capabilities through the global WISeSat constellation developed in partnership with FOSSA Systems. This solution can be used in multiple industrial applications to: optimize productivity across industries through predictive maintenance on equipment and machinery, create truly smart homes with connected appliances, and provide critical communication between devices including autonomous vehicles, self-driving cars and trucks and smart homes. The possibilities are endless. For more information visit WISeSat.Space. Last year, WISeKey made a strategic investment in FOSSA Systems allowing their satellite technology to integrate into the WISeKey IoT platform connecting all IoT sectors through the development of a WISeSAT PocketQube Satellite. The WISeSat satellite will be a security-IoT hardened FOSSASAT-2E satellite designed to further drive down satellite costs for the already-small CubeSat size. WISeKey will offer this technology to its IoT clients in a SaaS model allowing both remote and redundant urban IoT communications for companies seeking to securely connect their assets. WISeKey Trust and Security solutions offer unique integration into an end-to-end platform that communicates in real-time with the WISeSat by ensuring the authenticity, confidentiality, and integrity of the devices, objects, data and transactions.
Additionally, the information associated with an NFT not created using WISeKey's patented method, can easily degrade over long periods of time. For example, over several decades or even over centuries the owner of an NFT, their descendants, and others may find it difficult to discern whether an NFT is authentic or what object the NFT is associated with, or the location where the object itself is located. There is no assurance that the NFT itself will preserve its ability to authenticate the associated object or that its association with the object will be preserved. In order to solve these technical problems, the methods protected by WISeKey's patent application define the structure, composition, and minting process of an authenticatable and persistent NFT to establish and maintain long-term value as well as corresponding systems implementing these methods.