11:27 AM EDT, 05/29/2024 (MT Newswires) -- SEALSQ Corp. ( LAES ) said Wednesday it has developed a "comprehensive cybersecurity solution" to enhance the security of electric vehicle charging stations.

The solution features decentralized physical infrastructure networks that use blockchain technology and decentralized networks and the SEALCoin digital machine-to-machine token for payments, the company said.

The system is designed to "facilitate secure and transparent transactions between EVs and charging stations," the company said, adding that "blockchain ensures that all transactions are immutable and verifiable, reducing the risk of fraud and data tampering."

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