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SEALCOIN Ground-Breaking PoC Makes Transactional IoT Borderless

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WISeKey stated that its subsidiary SEALCOIN AG has released a ground-breaking Proof of Concept (PoC) demonstrating the company’s capacity to interface with remote IoT devices via satellite communications. This milestone, which leverages the WISeSat LEO constellation and the FOSSA IoT platform, represents a significant step toward SEALCOIN’s vision of a decentralized, transactional IoT that transcends terrestrial infrastructure.WISeSat LEO constellation enable remote IoT devices the volt post 1

Built on WISeKey’s satellite infrastructure, the PoC allows for microtransaction-driven data exchanges between totally off-grid IoT devices, with each data set cryptographically signed at the source device for integrity and trust.

The Architecture Operates as Follows:

  • Device-to-Device Exchange via Satellite:A request for data is initiated by one IoT device and fulfilled by another using SEALCOIN as the value exchange layer.
  • REST API Integration with WISeSat via FOSSA:The responding device acts as a bridge to the WISeSat network through a REST API, retrieving data from the satellite-linked database, which has been securely signed by the source device.
  • Blockchain Settlement via SEALCOIN on Hedera:Each exchange is recorded and settled securely and efficiently via the SEALCOIN token on the Hedera network.

This proof-of-concept demonstrates the viability of conducting secure, decentralized, satellite-enabled data transactions between devices in geographically distant or infrastructure-deficient contexts.

The ramifications for smart agriculture, environmental monitoring, autonomous logistics, and defense applications are massive, paving the way for hitherto imagined use cases.

This is the initial version of SEALCOIN’s satellite integration roadmap. The project’s future focus will be on incorporating SEALCOIN capabilities directly within satellites, which will be safeguarded at the silicon level utilizing Secure Element technology. This basic step will pave the way for future “Satellite-as-a-Service” commercial models in which spaceborne hardware participates autonomously in decentralized economies.

SEALCOIN’s architecture is essentially modular, allowing for a plug-and-play approach to new types of sensors and satellite operators, increasing its potential for global deployment.
This is just the start of a daring journey toward true device-to-device economies that are decentralized, autonomous, and resilient by design.

Leadership CommentsWISeSat LEO constellation enable remote IoT devices the volt post 1

“Our goal with SEALCOIN has always been to make transactional IoT borderless, scalable, and secure,” said Carlos Moreira, CEO of WISeKey Group. “With this demo, we’ve not only expanded that vision into space but opened doors to solutions for regions with no cellular or terrestrial coverage”.

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VOLT TEAM
VOLT TEAMhttps://thevoltpost.com/
The Volt Team is The Volt Post’s internal Editorial and Social Media Team. Primarily the team’s stint is to track the current development of the Tech B2B ecosystem. It is also responsible for checking the pulse of the emerging tech sectors and featuring real-time News, Views and Vantages.

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