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TotalEnergies adopts Wiztrust Protect to certify its information

Paris, France, January 18, 2023

TotalEnergies joins Bouygues, Crédit Agricole, Engie, L'Oréal and Schneider Electric in the fight against misinformation.

The cost of financial misinformation has been estimated at 26.5 billion dollars.

TotalEnergies adopts Wiztrust Protect, Wiztrust's blockchain-based certification platform for corporate communication. Major listed companies rely on Wiztrust Protect to offer their audiences, especially journalists and investors, the possibility to­­­ verify in real time the authenticity of their information and thus avoid fake news, protect their shareholders and preserve the reputation of their executives.

Companies in all sectors have been victims of fake news[1]. Financial misinformation has become a major issue. Its annual cost has been estimated at $17 billion, with a further $9.5 billion estimated negative impact on the reputation of companies and their executives[2] . Market manipulation through fake news is becoming the 5th risk in the list of priority risks for companies, just after political instability and before climate change... [3]

"With Wiztrust Protect, exposed companies regain control of their information and protect their shareholders, says Jérôme Lascombe, Founder of Wiztrust. Wiztrust Protect is a trusted brand, supported by the number and quality of its users. Every day, listed European companies leverage our blockchain technology and make it a recognized standard. This rapid adoption is due to its simplicity of use and the security it provides, which are appealing to issuers worried about fake news invading the economic sphere."

Wiztrust Protect currently protects more than 800 billion euros of market capitalization (e.g. Bouygues, Bureau Veritas, Credit Agricole, Engie, Valeo, Klepierre, L'Oréal, Rubis, Schneider Electric, Ferrovial, etc.) as well as many unlisted financial institutions (BPCE, MACIF, Malakoff Humanis, etc.) which have chosen to fight against fake news and to protect the relationship of trust that has been established between their companies, the media and the market.

Wiztrust Protect is the first certification platform to ensure trust in corporate information and protect shareholders from financial fake news. With Wiztrust Protect, companies certify their information in the blockchain before releasing it (press releases, annual reports, images, videos). Investors and media can then verify the authenticity of the information on Protect.wiztrust.com. Major listed companies and financial institutions use Wiztrust Protect.

www.wiztrust.com

Experts

Asset

type Title Keywords Date
Wiztrust - CP Wiztopic-TotalEnergies EN.pdf
Jan 16, 2023

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