WISeKey Announces OISTE’s Participation at the Summit of the Future
New York, New York – September 23, 2024: WISeKey International Holding Ltd. (“WISeKey”) (SIX: WIHN, NASDAQ: WKEY), a leader in cybersecurity, AI, Blockchain, and IoT operating as a holding company, today announced that OISTE.org, a non-governmental organization, recently participated in a pivotal event at the UN Headquarters in New York, where world leaders gathered for the Summit of the Future.
OISTE holds special consultative status with the United Nations Economic and Social Council (ECOSOC) and actively engages with multiple key international bodies, such as the Human Rights Council, the International Telecommunications Union, Clinton Initiative and the World Summit on the Information Society (WSIS). These interactions position OISTE as a significant player in the global conversation around digital identity and the protection of human rights in the digital age.
During the summit, the “Pact for the Future”, a potentially transformative global agreement designed to reshape multilateral governance for a new era, was unanimously adopted. The pact aims to provide a framework for addressing ongoing global commitments, such as sustainable development, human rights, and climate action, while tackling long-term challenges such as digital equity and global security.
The Summit of the Future represents a unique opportunity to rethink the multilateral system and forge new solutions to some of humanity’s most pressing issues, including the ever-evolving role of technology in global governance and human rights. Although the pact was broadly accepted, a small group of seven countries opposed a last-minute amendment, delaying its full implementation.
OISTE’s involvement at such high-level forums underscores its commitment to fostering digital trust and inclusion across borders, emphasizing the need for secure digital identities that uphold human dignity in the digital era. The organization’s work aligns closely with the global goals of achieving fairness, accountability, and sustainability in digital infrastructures, ensuring no one is left behind in the new digital age.
The foundation’s critical analysis emphasized the urgent need for a decentralized approach to AI, advocating for systems that align with local legislations and prioritize the protection of individual freedoms and self-sovereignty in cyberspace.
As global reliance on artificial intelligence (AI) increases, OISTE highlights the dangers posed by the concentration of AI technological control in the hands of a select few tech giants. These entities, often more focused on unchecked progression, overlook the critical aspect of individual data protection, leading to a landscape where advancements in AI are viewed as an unregulated step in evolution.
The intervention by OISTE underscores the necessity for multiple, diversified AI systems, particularly those that respect and adhere to national laws and future international norms. The foundation brought attention to several pivotal reasons, emphasizing ethical considerations, bias mitigation, societal implications, and the diversity inherent in legal systems worldwide.
