One year ago, Switzerland’s blockchain legislation entered fully into force. The country is an international pioneer in this regard. So, what are the lessons that could be drawn now that a year has passed? The distributed ledger technology such as the blockchain harbours great potential in particular for the financial sector. It allows the encrypted, decentralised storage and transfer of values and thus enables an end-to-end value chain for digital assets. This promises innovative applications and greater efficiency in a fully digitised financial industry. Switzerland is one of the largest financial centers and also one of the most advanced countries…
Author: Lukas Staub, Swiss State Secretariat for International Finance SIF
Author
Lukas Staub, Swiss State Secretariat for International Finance SIF
Lukas Staub, Attorney-at-Law, is a Policy Advisor with the State Secretariat for International Finance and editor of finance.swiss, a platform jointly operated by the authorities and the financial industry providing reliable information on Switzerland as a financial centre.