GEM Digital Limited invests $50M in SEALCOIN AG to revolutionize IoT transactions with Hedera DLT.

From Investing.com

August 13, 2024 12:01:09 PM:

GEM Digital Limited, a digital asset investment firm, commits $50 million to SEALCOIN AG, a project developed by WISeKey to revolutionize IoT transactions. WISeKey CEO Carlos Moreira values the partnership with GEM, reflecting shared values and vision for advancing SEALCOIN’s DePIN platform. The collaboration aims to enhance IoT transaction solutions through Hedera DLT technology.

THG, a leader in Hedera-powered DLT solutions, partners with WISeKey to invest in SEALCOIN AG, providing engineering expertise and strategic guidance in the Web3 economy. The collaboration between WISeKey, GEM, and THG highlights a shared vision to transform IoT transactions with the revolutionary SEALCOIN project, leveraging decentralized technology for autonomous transactions among devices.

SEALCOIN AG’s vision to revolutionize the IoT landscape through a decentralized platform utilizing Hedera DLT technology is gaining momentum with strategic investments from THG and GEM. The SEALCOIN project aims to enable autonomous transactions and service exchanges among IoT devices, paving the way for a more efficient, secure, and interconnected world.

The transformative use cases of SEALCOIN span various sectors, including smart home automation, supply chain management, autonomous vehicles, and healthcare devices. Offering secure data transfer and automated transactions, SEALCOIN opens new possibilities for IoT interactions, enhancing efficiency, transparency, and innovation across industries.

Backed by WISeKey’s technological expertise, SEALCOIN is poised to revolutionize M2M transactions in a decentralized, secure manner. With potential applications across diverse sectors, SEALCOIN envisions a future where machines seamlessly interact, ushering in a new era of efficiency and connectivity. Stay updated on SEALCOIN’s innovative developments in IoT technology on www.sealcoin.ai.

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