WISeKey supports launch of Global Agenda Council Initiative to Tackle Illicit Trade

WISeKey supports launch of Global Agenda Council Initiative to Tackle Illicit Trade

ID: 320032

(Thomson Reuters ONE) -


Geneva 25 November 2013 - A new smartphone application, Should I Buy It?, has
been launched to tackle terrorist groups, organized crime networks and illicit
traders that benefit from the sale of illicit goods. The app is developed by
WISeKey in close cooperation with the World Economic Forum Global Agenda Council
on Illicit Trade & Organized Crime to be better able to tackle these issues with
modern technology.

The app is an initiative of the World Economic Forum's Global Agenda Council on
Illicit Trade & Organized Crime and allows consumers to detect and verify the
authenticity of goods before purchase. Crowdsourcing techniques are used to
build consumer reports on the authenticity, price and quality of goods as well
as accurate geolocation and vendor information.

Illicit trade is a major contributor to discrepancies in wealth between the
developing and developed world, fuels conflicts and destabilizes fragile states.
It also hinders economic development, institution-building, human rights and the
rule of law, and supports corrupt practices among government officials and
private citizens alike.

"By raising awareness of the problem of counterfeiting and illicit trade, this
app shows how every person can make a difference," said Martina Gmür, Senior
Director, Head of the Network of Global Agenda Councils, World Economic Forum.

"This app brings the problem closer to our daily lives. Each of us, as
responsible customers, can help combat the profits of illicit trade and
organized crime," said Adam Blackwell, Secretary for Multidimensional Security,
Organization of American States and a Chairman of the Global Agenda Council on
Illicit Trade & Organized Crime.

"Should I Buy It? supports the Council's endeavour to develop a digital identity
framework in which individuals, organizations, services and devices can trust




each other and authenticate their digital identities to address certain urgent
issues related to cyber security in general, and illicit trade in particular,
and WISeKey is proud to be part of this development," said Carlos Moreira, Chief
Executive of WISeKey and a member of the Global Agenda Council on Illicit Trade
& Organized Crime.

The first release of the application is available via the iTunes app store, and
the public can access reports via a Facebook page.

Download the App: http://www.shouldibuyit.net/

World Economic Forum announcement:
http://www.weforum.org/news/app-launched-help-consumers-fight-illicit-trade

Press contacts:
WISeKey (member of the World Economic Forum Global Agenda Councils on Illicit
Trade and Organized Crime)
Satu Kulmala
Tel. +41 22 594 3000
skulmala(at)wisekey.com





This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: WISeKey via GlobeNewswire
[HUG#1743002]




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Datum: 25.11.2013 - 14:00 Uhr
Sprache: Deutsch
News-ID 320032
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