Blockchain Research Institute, WISeKey Partner On Interconnected Blockchain Centers Of Excellence

Blockchain, News | January 21, 2019 By:

Cybersecurity, blockchain and Internet of Things (IoT) firm WISeKey International Holdings has partnered with the Blockchain Research Institute (BRI) to create interconnected Blockchain Centers of Excellence (BCOE) around the world.

Headquartered in Geneva, Switzerland, WISeKey provides an integrated platform for customers to deploy secure authentication, identity, and encryption in physical and virtual environments for electronic transactions, IoT, blockchain, and artificial intelligence (AI). The company’s platform combines a range of chips with software applications that cater to their customers’ security and business needs. The software includes proprietary technology developed by the company such as, Root of Trus (RoT) and Public Key Infrastructure (PKI). The company has BCOEs in India, Mauritius and Rwanda.

The BRI, co-founded by Don Tapscott and his son Alex Tapscott, is an independent, global think-tank that is conducting the definitive study of the impact of blockchain technology on business, government and society. From market opportunities to best practices and implementation challenges, the BRI is dedicated to inspire and prepare private- and public-sector leaders to be the catalysts of the blockchain transformation.

The partnership between the companies was announced by Don Tapscott and Carlos Moreira, WISeKey’s CEO and Founder, at the Geneva Annual Blockchain Congress. Under the agreement, the two parties will work together to create two new BCOEs in Buenos Aires, Argentina and Geneva, Switzerland. The BCOEs will operate as a coordinated, interoperable blockchain ecosystem around the world, allowing all partners to fully benefit from shared learnings, experiences and resources. The center in Buenos Aires will spearhead the development of particular platforms and applications to fight counterfeiting, illicit trade and corruption, while the Geneva BCOE will focus on FinTech, particularly digital private banking and commodity trading applications.

“The creation of Blockchain Centers of Excellence represents an important step to overcome the tremendous trust deficiency we currently live with and represents an unprecedented effort in fostering stronger collaboration between the public, private and academic sectors for the adoption of latest technological blockchain standards in a safe and trusted manner,” Moreira said.

According to the BRI, they expect the BCOEs to become a channel to engage companies and governments globally in the work of BRI, as well as a distribution channel for BRI’s research.

“Blockchain represents the second era of the Internet – from an Internet of Information to an Internet of Value,” Don Tapscott said. “We at the BRI are delighted that the Blockchain Centers of Excellence initiative will help the world get access to and take advantage of our work.”