January 24th, 2019 – WISeKey International Holding Ltd (“WISeKey”), (SIX: WIHN) a cybersecurity IoT platform company, today announced a strategic partnership with Cendee Sdn. Bhd., a subsidiary company of Censof Holdings Berhad (Censof) to deploy WISeKey`s Cybersecurity Vertical Platform and Blockchain stack to address PKI, IoT and blockchain opportunities for a list of identified projects across Censof’s client ecosystem.
Cendee and WISeKey will establish a Center of Excellence in Malaysia to support the creation of a tailored “Trusted Blockchain as a Service Platform.”
This initiative will help in facilitating and providing easily integrated enterprise blockchain solutions for financial institutions, corporates, regulators and governments. As a first milestone, WISeKey and Cendee have already deployed a local “WISeKey Malaysian Root of Trust (RoT),” a critical step for the establishment of the Blockchain Center of Excellence in Malaysia.
This partnership will complement and expand Cendee’s capabilities to successfully address the requirements of a number of identified projects in various areas with select government entities in Malaysia.
In the last few months, WISeKey has also announced the creation of Blockchain Centers of Excellence in USA, China, India, Africa, Latin America and is now in Malaysia, a South East Asian country to host such a powerful ecosystem. To support this endeavour, WISeKey announced several strategic partnerships and is working with experts in industry, government, and academia to address the most relevant Blockchain developments with practical, standard-based solutions.
At the heart of this strategy is the OISTE-WISeKey Cryptographic Root of Trust which has been actively used since 1999 by over 2.6 billion desktops, browsers, mobile devices, SSL certificates and Internet of Things / Semiconductors devices. The OISTE WISeKey Cryptographic Root of Trust is ubiquitous and universal, and a pioneer in the identification of objects.
“We are proud to collaborate with Censof, a market leader and a trusted partner in providing financial and business management solutions specifically geared to the needs of government agencies. This strategic agreement allows Censof and in particular Cendee to leverage their Cybersecurity and blockchain expertise by combining WISeKey’s broad Cybersecurity portfolio and strengthen Censof’s offering among government and enterprise clients,” said Carlos Moreno, VP Corporate Alliances and Partnership of WISeKey.
“The potential benefits of blockchain will help drive efficiencies to our clients. This collaboration is another example of our continued commitment to introduce new financial innovations for the betterment of their business,” said Ameer Shaik Mydin, Group Managing Director.