China Grants Two Patents To WISeKey

China National Intellectual Property Administration (CNIPA) granted two patents to cybersecurity and IoT company WISeKey International Holding Ltd WKEY.
The patents protect inventions in the domain of Semiconductors NFC tags for intelligent packaging, brand protection, and customer engagement applications.
WISeKey's NanoSeal and VaultIC lines of secure NFC chips offer security, cloud-based authentication, traceability, and consumer engagement.
The NFC chips' cryptographic functions help brands replace traditional non-secure QR code scanning or basic NFC tags.
Price action: WKEY shares traded higher by 0.42% at $7.10 on the last check Tuesday.