International Testing Agency eyes blockchain for 2020 Summer Olympics International Testing Agency eyes blockchain for 2020 Summer Olympics International Testing Agency eyes blockchain for 2020 Summer Olympics
The International Testing Agency revealed to CNNMoney Switzerland today that it is exploring the use of blockchain for the 2020 Summer Olympics in Tokyo. The independent organization based in Lausanne is working on a prototype with blockchain firm BlockFactory to see how the technology can be used to fight doping. “I think it’s ambitious to have it ready by Tokyo, but we are there to be ambitious,” says Benjamin Cohen, director general of the ITA. The agency has chosen to focus on Therapeutic Use Exemption, or TUE, which states that athletes can take prohibited substances if they have a medical reason. The ITA is trying to digitize this process so that any of the documents uploaded can’t be forged. “Blockchain can be one of the answers,” Cohen says. On the partnership with BlockFactory, Cohen says: “Today I am pretty sure that we can reach a satisfactory solution where we can have some of the processes secured at a reasonable cost.”
Olivia Chang
Big bang: how Switzerland’s Crypto Valley was born
Alexander Brunner, author of Crypto Nation Switzerland, breaks down the history of Switzerland as a blockchain hub.
Olivia Chang
August 2: What happened in blockchain this week?
CV VC releases new blockchain report on Switzerland and Liechtenstein, with valuations of the top 50 companies doubling to USD 40 billion. Swiss-based Smart Valor launches a digital asset exchange. And the Swiss Asia Crypto Alliance registers in Zug.
Olivia Chang
Smart Valor launches digital asset exchange in Switzerland
Smart Valor has launched its digital asset exchange to trade cryptocurrencies with plans to include security tokens in the future. We speak to CEO Olga Feldmeier on why Switzerland’s “Crypto Nation” is only seeing this exchange now.
Olivia Chang
July 19: What happened in blockchain this week?
Bitcoin Suisse applies for a banking license, Zug investment platform TEND goes into administration, and Facebook’s Libra questioned on Capitol Hill.
Olivia Chang
July 12: What happened in blockchain this week?
Bitcoin Suisse brings the first crypto ATM to the Swiss Alps, the Commercial Registry of Zug accepts bitcoin payments in person, and Crypto Valley Labs searches for the next batch of blockchain startups for its incubation program.
Olivia Chang
July 5: What happened in blockchain this week?
The University of Geneva plans to be the first institution to teach Facebook’s Libra; Swiss blockchain entrepreneurs recognized on Forbes 30 Under 30 list; Bitcoin’s energy consumption surpasses Switzerland’s; and the Swiss stock exchange hosts first Bitcoin Cash ETP.
Olivia Chang
University of Geneva plans to be first to teach Facebook’s Libra
The University of Geneva is teaching Facebook’s new currency Libra in its blockchain programming course starting in September. A new module is being introduced specifically to cover Libra Blockchain and the associated Move programming language. Jean-Marc Seigneur from UNIGE says talks are already underway with Libra regarding collaboration on education: “The most advanced parts of Libra blockchain, the technical parts, might be taught by developers of Calibra, for example.”
Olivia Chang
Will Switzerland really benefit from the Libra Association?
The Libra Association and its 28 founding members including Facebook will set up home in Geneva. Experts at the Crypto Valley Conference weigh in on whether this will just be another mailbox.
Olivia Chang
June 28: What happened in blockchain this week?
Facebook’s Libra was the talk of the town at Crypto Valley Conference, PwC Switzerland released its fifth ICO/STO report, United International Business Schools is turning to blockchain for diplomas, and Bitcoin’s ride past $13,000.
Olivia Chang
Facebook’s Libra could shake up the banking industry
Facebook is promising low transaction costs for users of Libra, its new digital currency. At the Crypto Valley Conference in Zug, we find out how this will impact the banking industry.
Olivia Chang
June 21: What happened in blockchain this week?
Here's what happened in blockchain in Switzerland this week. Facebook's new cryptocurrency project in Geneva, Crypto Valley Week kicks off, Metaco, AlgoTrader and Cysec sign new partnership, and Energy Web Foundation launches public blockchain for energy sector.
Olivia Chang
Ticino’s push for a place on the Swiss blockchain map
Switzerland is home to over 800 blockchain firms, more than 40 of which are based in the country’s Italian-speaking region. CNNMoney Switzerland heads to Ticino to find out how blockchain is breathing new life into the canton.
Olivia Chang
June 7: What happened in blockchain this week?
The International Testing Agency is exploring blockchain to fight doping at the Tokyo 2020 Summer Olympics, Avenir Suisse releases report on blockchain’s impact on the financial sector, the first Swiss-Polish Blockchain Symposium kicks off in Warsaw, and Blockchain Valley Ventures sets up new office in Singapore.
Olivia Chang
BlockFactory teams up with ITA to fight doping with blockchain
BlockFactory is collaborating with the International Testing Agency in Lausanne on a blockchain prototype to combat doping. The Zug-based blockchain firm walks us through how it works and what happens when a tampered document is discovered. “I think there is a lot of potential for using blockchain in sports,” says Antoine Verdon, a partner at BlockFactory. “Another field I would see, for example, is when you are testing samples....I would also see a lot of potential by digitizing the identities of the athletes.”

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