According to an announcement made by the firm on Feb. 1, the Geneva Blockchain Center of Excellence will be assisting blockchain-related startups in addition to researching and promoting new technology. In doing so, they want to expand the outreach of blockchain technology, enabling a mainstream adoption in both the public and private sectors.
Notably, each center will concentrate on developing its own area of expertise. For instance, Geneva will focus on fintech, the Argentinian center will specialize in anti-counterfeiting platforms.
“The potential benefits of blockchain will help drive efficiencies for our clients.”
WISeKey also partnered with the non-profit Race for Water Foundation, according to the announcement made on January 23 the blockchain-based identity partnership is aimed at reducing ocean pollution by employing blockchain technology. Under the project, WISeKey will create a digital identity stored on its blockchain for every plastic product made by participating companies.
The product will be subsequently linked to a secure form-factor on the product using QR codes and microchips. Thereafter the recycling efforts for each product will be tracked and recorded on a blockchain.