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WISeKey Expands Implementation of Digital Identity Solutions from Seychelles to Africa: Empowering Nations with Secure National ID Systems

1. WISeKey extends digital ID solutions from Seychelles to Africa. 2. The SeyID platform modernizes national identity systems, enhancing public services. 3. Digital IDs promote financial inclusion and streamline government services. 4. African nations seek to replicate SeyID for economic growth. 5. WISeKey ensures robust cybersecurity standards with its digital ID solutions.

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Why Bullish?

WISeKey’s expansion into Africa indicates growth potential and increased market adoption of their solutions, which historically leads to a positive market reaction. For instance, similar initiatives have boosted share prices for tech firms with successful implementations in emerging markets.

How important is it?

The article emphasizes WISeKey's role in expanding digital identity frameworks, critical for modernization in emerging economies, which directly correlates with the company's strategic growth plans.

Why Long Term?

The establishment of digital identity systems typically takes time to implement and yield economic benefits. Historical cases like M-Pesa in Kenya show that digital financial services can significantly enhance market confidence over time.

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April 23, 2025 10:15 ET  | Source: Wisekey International Holding Ltd. WISeKey Expands Implementation of Digital Identity Solutions from Seychelles to Africa: Empowering Nations with Secure National ID Systems Geneva, Switzerland – April 23, 2025 — WISeKey International Holding Ltd (“WISeKey”) (SIX: WIHN, NASDAQ: WKEY), a leading global cybersecurity, blockchain, and IoT company, today announces that following the successful implementation of “SeyID” in the Seychelles, it is extending proven digital identity solutions to other African nations to help them modernize and secure their national identification systems. Since 2022, WISeKey has collaborated with the government of Seychelles to launch SeyID, a comprehensive, secure, and user-friendly digital ID platform. Designed to integrate seamlessly with both public and private sector services, SeyID is now serving as a model for other African nations looking to establish or upgrade their national identity infrastructure. A Blueprint for Digital Transformation The SeyID platform leverages WISeKey’s trusted WISeID digital identity technology, which provides citizens with a mobile-accessible, secure virtual ID linked to key public services. These include healthcare, government portals, and the tourism industry, vital economic pillars for Seychelles. Through SeyID, citizens are able to complement their traditional physical ID cards with a virtual identity stored securely on their smartphones, making authentication easier and services more accessible. Tourists visiting Seychelles can also generate a digital Tourist ID using SeyID, which offers a frictionless digital experience while allowing visitors to access local services. This innovation has positioned Seychelles as a digital pioneer in the African region, providing a strong example of how national digital identity platforms can support economic growth and government efficiency. Scaling the Model Across Africa WISeKey is now in discussions with several African governments to replicate the SeyID model, tailoring it to meet local needs and regulatory frameworks. These next-generation digital ID solutions aim to: Promote Financial Inclusion by enabling secure digital onboarding and Know Your Customer (KYC) compliance for banking services;Streamline Public Administration by digitizing identity verification for social programs, healthcare, and education;Enhance Tourism and Cross-Border Travel with digital tourist ID systems similar to that of Seychelles; and,Protect Citizen Data with robust Swiss-grade cybersecurity and encryption. Use Cases: National Digital IDs as Catalysts for Economic Growth Digital Financial Services:A national digital ID allows unbanked populations to open bank accounts, access credit, and use mobile payment platforms securely, boosting participation in the formal economy and reducing reliance on cash.e-Government Services:Digital IDs facilitate efficient delivery of public services such as tax filing, business registration, land ownership verification, and social welfare programs, increasing transparency and reducing corruption.Agricultural Supply Chains:Farmers can register digitally to receive subsidies, track inputs, and access markets. This fosters trust, increases productivity, and reduces fraud in government support schemes.Healthcare Access:Verified digital IDs help in creating unified health records, ensuring that citizens receive timely, targeted, and secure healthcare, even across borders through regional interoperability.Job Market Activation:With a verifiable identity, citizens can access vocational training, apply for jobs online, and participate in gig economy platforms, driving workforce participation and economic inclusion.Entrepreneurship & Innovation:Startups and SMEs can benefit from streamlined licensing and easier access to investment through identity-based digital platforms, reducing bureaucratic delays and stimulating innovation.Tourism Growth:Digital tourist IDs simplify visa issuance, hotel check-ins, and tourist service access, creating a smoother visitor experience and increasing tourism revenues.Education & Youth Empowerment:Digital IDs allow students to enroll in programs, access e-learning platforms, and validate academic credentials, enhancing skills development for the digital economy.A Human-Centered, Privacy-First Approach WISeKey’s approach is grounded in respecting human dignity and data privacy. All identities created under its platforms are anchored in the OISTE.ORG Root of Trust, a globally recognized cryptographic trust model that guarantees sovereign control over digital identities. With the support of international development agencies and local governments, WISeKey is set to deliver customized digital ID solutions that are interoperable, future-proof, and aligned with international standards for data protection and digital governance. As Africa accelerates its digital transformation, WISeKey’s expansion beyond Seychelles marks a critical step in ensuring that secure, inclusive, and innovative identity solutions are at the heart of the continent’s technological and economic future. For more information, visit www.wisekey.com or follow WISeKey on LinkedIn and Twitter. About WISeKey WISeKey International Holding Ltd (“WISeKey”, SIX: WIHN; Nasdaq: WKEY) is a global leader in cybersecurity, digital identity, and IoT solutions platform. It operates as a Swiss-based holding company through several operational subsidiaries, each dedicated to specific aspects of its technology portfolio. The subsidiaries include (i) SEALSQ Corp (Nasdaq: LAES), which focuses on semiconductors, PKI, and post-quantum technology products, (ii) WISeKey SA which specializes in RoT and PKI solutions for secure authentication and identification in IoT, Blockchain, and AI, (iii) WISeSat AG which focuses on space technology for secure satellite communication, specifically for IoT applications, (iv) WISe.ART Corp which focuses on trusted blockchain NFTs and operates the WISe.ART marketplace for secure NFT transactions, and (v) SEALCOIN AG which focuses on decentralized physical internet with DePIN technology and house the development of the SEALCOIN platform.Each subsidiary contributes to WISeKey’s mission of securing the internet while focusing on their respective areas of research and expertise. Their technologies seamlessly integrate into the comprehensive WISeKey platform. WISeKey secures digital identity ecosystems for individuals and objects using Blockchain, AI, and IoT technologies. With over 1.6 billion microchips deployed across various IoT sectors, WISeKey plays a vital role in securing the Internet of Everything. The company’s semiconductors generate valuable Big Data that, when analyzed with AI, enable predictive equipment failure prevention. Trusted by the OISTE/WISeKey cryptographic Root of Trust, WISeKey provides secure authentication and identification for IoT, Blockchain, and AI applications. The WISeKey Root of Trust ensures the integrity of online transactions between objects and people. For more information on WISeKey’s strategic direction and its subsidiary companies, please visit www.wisekey.com. DisclaimerThis communication expressly or implicitly contains certain forward-looking statements concerning WISeKey International Holding Ltd and its business. Such statements involve certain known and unknown risks, uncertainties and other factors, which could cause the actual results, financial condition, performance or achievements of WISeKey International Holding Ltd to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. WISeKey International Holding Ltd is providing this communication as of this date and does not undertake to update any forward-looking statements contained herein as a result of new information, future events or otherwise. This press release does not constitute an offer to sell, or a solicitation of an offer to buy, any securities, and it does not constitute an offering prospectus within the meaning of the Swiss Financial Services Act (“FinSA”), the FinSa's predecessor legislation or advertising within the meaning of the FinSA. Investors must rely on their own evaluation of WISeKey and its securities, including the merits and risks involved. Nothing contained herein is, or shall be relied on as, a promise or representation as to the future performance of WISeKey.Press and Investor Contacts WISeKey International Holding LtdCompany Contact: Carlos MoreiraChairman & CEOTel: +41 22 594 3000info@wisekey.com WISeKey Investor Relations (US) The Equity Group Inc.Lena CatiTel: +1 212 836-9611 lcati@equityny.com

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