The 7th of July marks the formation of the ERC3643 Association, a collaborative effort between industry key players to catalyze worldwide adoption of the ERC3643 token standard for real-world assets tokenization to eliminate silos and ensure interoperability. The founding members including both traditional players and technology leaders in blockchain industry: APEX Group, Aztec Group, Archax, Avantgarde Finance, Bitstamp, Capgemini, CMS, DLA Piper, DFNS, Invesco, Inveniam, […]
For the first time, key players in the Swiss financial industry successfully developed and tested a novel settlement mechanism for tokenized investment products on a public blockchain testnet infrastructure. A smart contract, developed by the Capital Markets and Technology Association (the CMTA), allows for streamlined processes, reduces complexity, raises security, and eliminates counterparty risks from […]
Swiss Distributed Ledger technology (DLT) bill Since 2017, efforts have been underway in various jurisdictions such as Liechtenstein, Germany, France, Japan, Singapore and, of course, Switzerland to encourage the further development and legal embedding of DLT-based assets, while also limiting the associated risks. In contrast to Liechtenstein, Switzerland has not created a new law on […]
