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WISeKey integrates digital identity service into WISeCoin Wallet

Wednesday 21 February 2018 00:11 CET | News

WISeKey, a Switzerland-based cybersecurity and IoT solutions company, has integrated the QuoVadis SuisseID Digital Identity into the WISeCoin Wallet.

The SuisseID Signing Service can be used to create legally binding qualified electronic signatures in Switzerland without the need of a smart card or a USB token. This service enables flexible signature and workflow processes on mobile and local devices, as well as, central application platforms. SuisseID is available on the WISeCoin App as a KYC feature and it is used to obtain relevant identifying information about the wallet user.

Recently, digital identity has been a hot topic in the news in Switzerland as part of the country’s plans for digital transformation. The market has announced a new program called SwissID, a private Initiative to enable a more widespread adoption of authentication capabilities. In addition, plans are afoot for a new eID law to be debated in the Federal Parliament in 2018.

Individual cantons are also discussing launching their own digital identity programs, such as Zug’s plan to create a blockchain-based identity for its citizens. SuisseID (French spelling), launched in 2010 remains the only state-recognized digital identity in Switzerland whereas SwissID (English spelling) is a private initiative to promote widespread authentication for ecommerce applications.

At the heart of the value provided by SuisseID is the Qualified Electronic Signature, providing legal equivalence to a traditional handwritten signature and allowing even important consents and transactions to be conducted entirely online.


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Keywords: WISeKey, WISeCoin Wallet, KYC, digital identity, onboarding, digital signatures, Switzerland, SwissID, QuoVadis SuisseID
Categories: Fraud & Financial Crime
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