Global Emerging Markets (“GEM”) Digital Limited, a digital asset investment firm based in The Bahamas, has made a groundbreaking $50 million token investment commitment to SEALCOIN AG, a Special Purpose Vehicle (“SPV”) established by WISeKey International Holding Ltd. (WKEY) to revolutionize the Internet of Things (IoT) landscape. This significant financial backing will be utilized to develop DePIN, a platform leveraging the Hedera DLT ledger and smart contracts.
WISeKey CEO, Carlos Moreira, stated, “The investment commitment from GEM represents a significant milestone in advancing SEALCOIN’s vision. The $50 million will accelerate the development of DePIN, enhancing IoT transaction solutions and promoting the use of SEALCOIN globally.”
THG, a leader in Hedera-powered DLT solutions, has also signed an agreement with WISeKey to provide initial investment, engineering expertise, and strategic guidance in the Web3 economy. The SEALCOIN project aims to enable autonomous transactions and service exchanges among IoT devices through its utility token, SEALCOIN.
The platform addresses the need for efficient and trustworthy transactions in the IoT sector by utilizing Hedera’s DLT ledger, smart contracts, token service, and consensus service. This creates a DePIN that allows IoT devices to autonomously negotiate transactions, enhancing efficiency, security, and reliability.
THG’s investment will further enhance SEALCOIN AG’s ability to develop scalable IoT transaction solutions on Hedera, providing technical expertise and strategic guidance in Web3. With GEM Digital Limited’s financial commitment, SEALCOIN is poised to transform IoT interactions with its state-of-the-art DePIN services platform.
The SEALCOIN Project – Revolutionizing IoT with Blockchain and DLT
The SEALCOIN project leverages Blockchain and Decentralized Ledger Technology (DLT) to enable secure interactions between devices. Utilizing the Hedera DLT ledger and smart contracts, SEALCOIN empowers IoT devices to autonomously handle transactions, eliminating the need for intermediaries and enhancing efficiency, security, and reliability.
The SEALCOIN platform is expected to go live in Q4 this year, with a Proof of Concept already developed for t-IoT. Transformative use cases of SEALCOIN include smart home automation, supply chain management, autonomous vehicles, smart cities, healthcare devices, energy trading, industrial IoT, retail services, agricultural technology, and peer-to-peer transactions.
Backed by WISeKey’s technological prowess, SEALCOIN is set to revolutionize M2M transactions across various sectors, leading to a more efficient, secure, and interconnected world.
Unleashing the Power of SEALCOIN: A Game-Changer in the Digital Asset Investment World
In a world where machines are becoming increasingly interconnected, SEALCOIN is leading the charge towards a future of seamless and secure interactions that have the potential to revolutionize our daily lives. With a vision of technological synergy that knows no bounds, SEALCOIN is set to redefine the way we think about investments and financial markets.
GEM Digital Limited, a digital asset investment firm based in The Bahamas, is at the forefront of this transformation. Actively investing in utility tokens listed on over 30 CEXs and DEXs globally, GEM Digital Limited is paving the way for a new era of investment opportunities.
Meanwhile, The Hashgraph Group, headquartered in Switzerland, is driving innovation and venture building on the Hedera network. With a focus on empowering entrepreneurs, enterprises, and government institutions worldwide, The Hashgraph Group is leading the charge towards a digital future for all.
SEALCOIN AG, a Swiss-based DePIN entity, is spearheading the transformation of the Internet of Things (IoT) landscape with its SEALCOIN Project. Supported by The Hashgraph Association, SEALCOIN AG is set to revolutionize IoT transactions with its cutting-edge platform powered by Hedera’s decentralized ledger technology.
WISeKey International Holding Ltd, a global leader in cybersecurity, digital identity, and IoT solutions, is playing a crucial role in securing the internet of everything. With a focus on semiconductors, PKI, space technology, blockchain NFTs, and decentralized physical internet, WISeKey is at the forefront of the digital revolution.
In conclusion, the convergence of these cutting-edge technologies and innovative solutions is reshaping the way we interact with the world around us. From secure IoT transactions to decentralized investments, the future is bright with possibilities. It’s time to embrace this new era of technological advancement and seize the opportunities it presents for our lives and finances. Title: Unveiling the Secrets to Maximizing Your Investment Returns in Today’s Financial Market
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