In your Control Panel > uninstall Programs > it is listed as either Codemeter Runtime Kit or Wibu-Sysems. If you do not use any such software, you can safely delete it. Or if you have installed 'demo' versions of such programs to check out its suitability, Codemeter will still be installed as part of the installation. Perhaps, in the past, someone borrowed your pc and installed a software that requires USB dongle keys. I use Dataton Watchout, and Codemeter looks for my Watchout USB key when I want to access Display computers running the fullscreen Display version of Watchout (for fullscreen multidisplay presentations like dome projections, panoramic presentations, etc). You are correct that it is a software licence that looks for a USB key in order to run a program.
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