Global blockchain accelerator Blockchain Propulsion backed by Switzerland Global Enterprise launches in Crypto Valley, Cryptix eyes blockchain-based electronic money, and swissnex India and Presence Switzerland organize a Swiss blockchain tour for an Indian delegation.
Hundreds of crypto shoppers head to Digitec Galaxus; Zermatt jumps on the crypto train after Zug and Chiasso; Crypto Valley Conference returns for the third time; and BitGo enters the Swiss and German market to provide custody for digital assets.
It started with Zug and then Chiasso. Now Zermatt is the latest Swiss town to let residents pay their taxes with Bitcoin. While cryptocurrencies are striking a chord with Swiss tax collectors, it’s falling short with residents.
PwC Switzerland is building up its blockchain arm with a focus on smart contracts. Partner Andreas Eschbach explains why the company is integrating ETH spin-off ChainSecurity and what’s holding blockchain back from mass adoption.
• Ulysse Nardin launches warranty certificate on blockchain
• Crypto conference takes on Crypto Finance Conference St. Moritz
• Swiss hospitals trace medical devices with blockchain Xatena
• Blockchain real estate deal on Zurich’s Bahnhofstrasse
“We realize there’s a number of hurdles left to be overcome and crossed,” says Dante Disparte, head of policy and communications at Libra Association. Disparte outlines the three main priorities for the digital currency project to take off in 2020. Regulation is just the first one.
IBM to trace coffee with #blockchain thanks to a new app developed in Switzerland; Bitcoin Suisse releases its 2020 Crypto Outlook Report; and PwC Switzerland snaps up blockchain start-up ChainSecurity.
Germany may be ahead in funding, but the regulatory environment for blockchain start-ups in Switzerland is more favorable. Zug investment firm CV VC explains why the two countries need to build a closer dialogue on blockchain.
Swisscom and Deutsche Börse have turned the shares of a Swiss company into tokens and traded them using blockchain as part of a pilot project. Swisscom Blockchain CEO Lukas Hohl says the partnership with Deutsche Börse is “on track” and that they are also open to partnership discussions with SIX Swiss Exchange.
Swiss blockchain start-ups head to the Singapore Fintech Festival; SEBA Bank now accepts clients from Switzerland; Novartis ramps up focus on blockchain; and the ambitious plan to bring Bitcoin to the masses in Switzerland.
Swiss pharmaceutical giant Novartis will ramp up its focus on blockchain in 2020. “We are now at the point where we say, we want to go live,” says blockchain lead Marco Cuomo. The company will start by digitizing manual processes to increase efficiency. Novartis is also leading a blockchain healthcare consortium as part of the Innovative Medicines Initiative. So far, 28 entities are onboard including 11 pharma companies.
Wecan Tokenize closes sale of Lisbon properties for 11 million euros through digital tokens, Swiss-Singaporean start-up Rice Exchange links up with Fujitsu to tackle the rice trade, and the Bank for International Settlements discusses the e-franc, central bank digital currencies and Libra.
The Basel-based Bank for International Settlements is the bank of central banks. General manager Agustín Carstens sits down to discuss central bank digital currencies and why there’s no “clear case” for an e-franc in Switzerland. On Libra, Carsten says it is a “provocative proposition” but that it still needs to build a better case to convince the BIS.
Here’s what happened in blockchain in Switzerland this week. The Swiss Blockchain Federation celebrates its first anniversary; Sygnum gets the go-ahead in Singapore; and a new contender eyes the Swiss banking sector.