Blockchain could bring down the cost of your future vacations—and make them more convenient. Riccardo Campione, professor at Swiss hospitality school Les Roches, breaks it down, from hotel prices to loyalty programs.
Trust Square, the world’s biggest blockchain hub, celebrated its first anniversary this month in Zurich. Co-founder Semih Kacan says they want to roll out the innovation hub in Seoul and are scouting locations in Hong Kong and Istanbul. “Part of the internationalization strategy is to bring Trust Square likewise toward East and West,” he says.
Here’s what happened in blockchain in Switzerland this week. Blockchain hub Trust Square celebrates its first anniversary, the Crypto Valley Association heads to Consensus 2019, and Wecan mixes wine with blockchain at VivaTech in Paris.
Geneva fintech firm Wecan is showcasing its blockchain wine solution at the Swiss Pavilion of VivaTech 2019 in Paris. It aims to trace the wine you drink from the vineyard to the table. Managing partner Fabio Sofia says they are in talks with French wine producers and hope to bring Wecan Wine to market by the end of the year.
Where do your rubies and emeralds come from? Switzerland’s Gübelin Gem Lab says consumers today are more critical and curious about the origins of their gemstones. Managing Director Daniel Nyfeler tell us from GemGenève 2019 that around 50 companies are now tracing gemstones using Gübelin's blockchain solution, which was launched in February.
CV Labs in Zug welcomes its inaugural batch of 12 global start-ups in Switzerland’s first blockchain incubator. Up to USD 125,000 will be invested in each start-up in exchange for 10 percent equity. CV Labs explains its plans to set up between five and seven hubs around the world over the next three years.
Bitcoin Suisse is building up its Liechtenstein arm with a new hire, Mauro Casellini. He’s currently the head of blockchain at Bank Frick but will take over as CEO of Bitcoin Suisse Liechtenstein on July 1. Casellini explains the move and why Liechtenstein is a gateway for Bitcoin Suisse to access European clients.
Want to get cheaper energy and help the environment? Thirty-seven households in the district of Schwemmiweg in St. Gallen are using blockchain to trade excess solar energy. While the year-long pilot has drawn support from local residents, regulations are needed before implementing it on a wider scale across Switzerland.
Swiss blockchain unicorn DFINITY has its sights set on building an “internet computer” or the first blockchain computer. But does that justify its USD 2 billion valuation? President and chief scientist Dominic Williams talks about the company’s plans to ramp-up its European headquarters in Zurich.
The CV Summit is one of the biggest Swiss blockchain events taking place in Zug. Mathias Ruch, CEO of Crypto Valley Venture Capital, discusses this year’s theme #BUIDL and what the blockchain community can expect from crypto spring following the market correction in crypto winter.
This month, the first Swiss home was tokenized and sold in canton Zug to four investors using blockchain. But how do homeowners then trade their tokens? And will blockchain eventually squeeze out the middlemen in real estate? Bastiaan Don, the founder of blockimmo, breaks it down.
While Swisscom and Sygnum don’t see SIX as competition when it comes to their new marketplace for digital assets, SIX has another view.
Following the new partnership announced this week between Swisscom, Sygnum, and Deutsche Börse, a spokesperson for SIX told CNNMoney Switzerland the following:
“It shows that the Swiss market is seen as the right place to build digital-asset ecosystems and thus confirms our SDX initiative started last year. Competition stimulates the market and we welcome that. We cannot comment on how successful this venture will be, given that its business model, scope, and participants are largely different from our integrated business-to-business offering.”
Swisscom, Deutsche Börse, and Sygnum plan to launch a new marketplace for listing and trading digital assets. But where’s SIX, the Swiss exchange, in this equation? Mathias Imbach, founding partner of Sygnum, and Roger Wüthrich-Hasenböhler, chief digital officer of Swisscom, have the answer.