WISeKey International Holding Ltd. announced the signing of a strategic partnership with Universa Blockchain. The agreement includes deep cooperation at the La Linea Gibraltar 4thIndustrial Revolution Center of Excellence (LLG 4IR). It was created following the signing of two Memoranda of Understanding (MoUs) with Mr. Fabian Picardo, Chief Minister of Gibraltar and the Mayor of La Línea de la Concepción, Mr. Juan Franco, to spearhead innovation in the region.

The parties will unite joint efforts in the breakthrough directions of Advanced Air Mobility (AAM), Energy sector, Central Bank Digital Currency (CBDC), Non-fungible tokens (NFT) and Metaverses that Morgan Stanley predicts an $8 trillion opportunity. The partnership also thrives the ecosystem of cities of the Future: National Blockchain, Digital Passports, Smart City Management, Digital coupons and instant verification of documents based on QR codes, Tokenization and Digital Commodity. The business model of the joint 4IR Center of Excellence is to assist innovative start-ups in areas such as AI, Blockchain, IoT, Satellite, IoT, Drones, Cybersecurity and Quantum to perform collective R&D activities, promote their technologies internationally, facilitate the rapid adaptation and on-boarding of 4IR-based solutions, foster stronger collaboration between the public, private and academic sectors and cooperate to ensure that the latest technological standards are made available in a safe and trusted manner.