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SEALSQ Corp (NASDAQ:LAES) ("SEALSQ" or "Company"), a company specializing in the development and commercialization of post-quantum semiconductor technology, and Wecan Group SA ("Wecan"), a leading Swiss provider of global compliance backbone for regulated institutions, today announced a strategic collaboration to develop a Post-Quantum KYC (Know Your Customer) solution.
This initiative aims to secure client data from collection to processing, addressing the growing risk of future decryption by state or malicious actors as quantum computing capabilities evolve.
By combining SealSQ's expertise in post-quantum technologies with Wecan's leadership in compliance and secure data sharing for financial institutions, the two companies are pioneering a new standard for data protection in the financial industry.
Posted In: LAES